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EX-10.1 - EMPLOYMENT AGREEMENT - Cinnabar Ventures Inc | f8k123109ex10i_cinnabar.htm |
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): December 31,
2009
Cinnabar
Ventures, Inc.
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(Exact
name of registrant as specified in its
charter)
|
Nevada
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333-145443
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98-0585450
|
||
(State or other
jurisdiction of incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification
Number)
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17595
S. Tamiami Trail, Suite 300
Fort
Myers, FL 33908
|
(Address
of Principal Executive Office) (Zip Code)
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239-561-3827
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(Registrant’s
telephone number, including area code)
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360
Main Street
Washington,
VA 22747
|
(Former
name or former address, if changed since last
report)
|
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On
December 31, 2009, pursuant to an employment agreement between Cinnabar
Ventures, Inc. (the “Company”) and Richard
A. Lisa, Mr. Lisa was named the Company’s President, Chief Operations Officer
and was appointed to the Board of Directors of the Company, effective as of
January 18, 2010.
Richard
“Rick” A. Lisa, age 51, has over thirty years of experience working in
senior sales, marketing and operations management positions for leading
technology companies. Mr. Lisa has spent the past five years in
various executive sales management positions within Advanced Micro Devices, Inc.
(“AMD”), a
semiconductor company which provides processing solutions for the computing,
graphics and consumer electronics markets in the United States, Canada, Europe
and Asia. Most recently, Mr. Lisa held the position of Vice President
of Field Sales/Director or World Wide Embedded Sales within
AMD. Prior to joining AMD, in 2004, Mr. Lisa held the position of
Vice President, Director of Sales & Marketing (US) at Fairchild
Semiconductor (“Fairchild”), a
leading global supplier of high performance products that enable energy
efficiency. During his time at Fairchild, Mr. Lisa managed worldwide sales and
marketing efforts for both regional and multinational accounts with a sales
budget of approximately four hundred million dollars ($400,000,000)
annually. From 1980 until 2002, Mr. Lisa held positions of increasing
responsibility for the automotive, communications, computing and semiconductor
divisions of Motorola, Inc (“Motorola”). From
2000 to 2002, Mr. Lisa served as Motorola’s Vice President and Worldwide Sales
Director of the Imaging, Entertainment and Home Networking Group. In
this role, Mr. Lisa developed and managed both the tactical and
strategic sales
& marketing efforts for major accounts such as Hewlett-Packard, Sony,
Scientific Atlanta, Lexmark, Xerox, Canon and Epson. Mr. Lisa’s
responsibilities included direct supervision over an experienced staff of sales,
technical and marketing professionals responsible for maintaining all aspects of
market development, sales, logistics, planning and engineering support in all of
Motorola’s global regions, with an annual sales budget exceeding one billion
dollars ($1,000,000,000) annually.
Family
Relationships
Mr. Lisa
does not have a family relationship with any of the officers or directors of the
Company.
Related
Party Transactions
There are
no related party transactions reportable under Item 5.02 of Form 8-K and Item
404(a) of Regulation S-K.
Item
9.01 Financial Statements and Exhibits.
(d) Exhibits.
10.1
Employment Agreement by and between Cinnabar Ventures, Inc. and Richard A.
Lisa.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this Current Report to be signed on its behalf by the undersigned
hereunto duly authorized.
CINNABAR
VENTURES, INC.
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Date:
January 4, 2010
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By:
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/s/
Richard Granville
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Richard
Granville
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Chief
Executive Officer
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