secwatch.observer — SEC 8-K summary
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Issuer:     CSP INC /MA/ (CSPI)
CIK:        0000356037
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0000356037-24-000061
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSP Inc. expands board to 7, adds Webber and Folger; Blackmon and James retiring
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- Charles Blackmon and C. Shelton James not seeking re-election; effective Feb 3, 2025.
- Board size increased from 5 to 7; Webber and Folger appointed after 10-K filing.
- Steve Webber: 30+ yrs finance exec; currently CFO/COO at Quickbase, ex-CFO Carbon Black.
- Anthony Folger: 30+ yrs, over decade as public company CFO; currently CFO at Progress, ex-CFO Carbonite.
- Both new directors expected to serve on Audit Committee; will stand for election at 2025 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356037/000035603724000061/0000356037-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356037/000035603724000061/cspi-20241217x8k.htm
  HTML page:      https://secwatch.observer/filing/0000356037-24-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer