UNITED STATES
SECEURITIES 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): March 21, 2017
Continental Building Products, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 1-36293 | 61-1718923 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S Employer Identification No.) | ||
12950 Worldgate Drive, Suite 700, Herndon, VA | 20170 | |
(Address of principal executive offices) | (Zip Code) | |
(703) 480-3800 |
(Registrant's telephone number, including the area code) |
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 (see General Instruction A.2. below):
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 1.02 Termination of a Material Definitive Agreement
On March 21, 2017, consistent with what Continental Building Products Inc. (the "Company") believes are best corporate governance practices of not having employment agreements with its executive officers, the Company entered into a letter agreement with Mr. James Bachmann, the Company's President and CEO, terminating Mr. Bachmann’s Employment Agreement dated March 24, 2015. Mr. Bachmann remains the Company’s President and CEO as an at-will employee. In connection with the termination of the employment agreement, Mr. Bachmann and the Company entered into a customary Confidentiality and Non-Compete Agreement.
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.
Continental Building Products, Inc. | ||
March 24, 2017 | /s/ Timothy A. Power | |
Date | Timothy A. Power | |
Senior Vice President, General Counsel and Secretary | ||