DDI CORP - FORM 8-K - September 27, 2011

 
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):  09/22/2011
 
DDi CORP.
(Exact name of registrant as specified in its charter)
 
Commission File Number:  000-30241
 
Delaware
  
061576013
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
1220 N. Simon Circle, Anaheim, CA 92806
(Address of principal executive offices, including zip code)
 
714-688-7200
(Registrant’s telephone number, including area code)
 
(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:
[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   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
 
(c) On September 22, 2011, the Board of Directors of DDi Corp. (the "Company") appointed Wayne T. Slomsky, who currently serves as the Chief Accounting Officer of the Company and its wholly-owned subsidiaries, as the Interim Chief Financial Officer of the Company, effective October 4, 2011. The Board also designated Mr. Slomsky as the Company's principal financial officer for purposes of filings with the SEC, effective October 4, 2011. Mr. Slomsky replaces J. Michael Dodson as the Company's designated principal financial officer, and will continue to be the Company's designated principal accounting officer. Mr. Dodson resigned as Senior Vice President and Chief Financial Officer of the Company effective October 4, 2011 to accept a position as chief financial officer of a supplier of advanced process equipment used to manufacture semiconductors.

Mr. Slomsky, 45, has served as the Chief Accounting Officer of the Company since May 2011. Before joining the Company, Mr. Slomsky served as Senior Vice President of Finance for Power Balance, LLC, a privately-held company that develops, markets and sells wearable performance technology consumer goods, from July 2010 to May 2011. From September 2007 to June 2010, Mr. Slomsky served as Vice President and Corporate Controller for Dot Hill Systems Corp., a publicly traded storage server provider. From November 2004 to September 2007, he served as Americas and Asia Regional Controller of Powerwave Technologies, Inc., a publicly traded end-to-end wireless provider. Mr. Slomsky was also Corporate Controller of Lantronix, Inc., a publicly traded device server technology provider, from 2000 to November 2004. He began his career as an auditor and later a manager with two major independent public accounting firms.

Mr. Slomsky was not selected pursuant to any arrangement or understanding between he and any other person. There are no family relationships between Mr. Slomsky and the directors and executive officers of the Company. Mr. Slomsky will continue to receive an annual base salary of $200,000 and be eligible to receive an annual performance-based bonus equal to up to 25% of his base salary, in accordance with the Company's Senior Management Bonus Program. Mr. Slomsky will be eligible to receive severance payments equal to 6 months' base pay if Mr. Slomsky's employment is terminated as a result of a change in control.

 

 

SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
           
DDi CORP.
 
 
Date: September 27, 2011
     
By:
 
/s/    Kurt E. Scheuerman
               
Kurt E. Scheuerman
               
Vice President & General Counsel
 
 

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