Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
On January 23, 2020, Blonder Tongue Laboratories, Inc. (the "Company") appointed
John Burke as a director. Mr. Burke has served since 2017 as a Managing Partner
of Vetust Advisors, which provides strategic and management consulting services
to a variety of businesses. He previously served as Executive Vice President and
Chief Operating Officer of Rovi Corporation (since re-named TiVo) from 2014 to
2016, where he led the transformation of the company's content discovery, user
interface, and data analytics businesses, including the acquisition of TiVo.
Prior to joining Rovi, Mr. Burke led a number of different businesses for ARRIS
Group, Motorola, Motorola Mobility and General Instrument. He holds a Bachelor
of Science in Business Administration from The Ohio State University, a Masters
of Business Administration from St. Joseph's University and attended the
Executive Leadership Program at Northwestern University's Kellogg School of
Business.
Mr. Burke will serve as a director in Class II, with a term expiring at the
Company's annual meeting of stockholders in 2021. Mr. Burke's board of directors
committee assignments have not yet been determined. The Company's board of
directors has determined that Mr. Burke meets the requirements for independence
under applicable Securities and Exchange Commission and NYSE American rules and
standards. There are no arrangements or understandings pursuant to which Mr.
Burke was appointed as a director, and there are no related party transactions
between the Company and Mr. Burke reportable under Item 404(a) of Regulation
S-K. In connection with his service as a director, Mr. Burke will be entitled to
the same compensation and benefits made available to the Company's non-employee
directors generally, pro-rated for the term of his service during calendar year
2020.
A copy of the press release announcing Mr. Burke's appointment is attached to
this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. The following exhibit is filed herewith:
Exhibit No. Description
99.1 Press Release dated January 27, 2020.
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