Lakeland Industries appoints Roger D. Shannon as CFO; Allen Dillard remains COO

LAKELAND INDUSTRIES INC

Roger Shannon named CFO effective Feb 1, 2023; prior CFO/COO Allen Dillard continues solely as COO.
Employment agreement: $300K base salary, 40% target cash bonus, 24K stock options at $14.44 vesting over 3 years.
Shannon previously CFO at Charah Solutions and Adtran; holds CPA and CFA designations.
Severance: 12 months base pay without cause; 24 months plus 2x bonus if terminated within 18 months of change of control.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Allen E. Dillard

Chief Operating Officer

LAKE · LAKELAND INDUSTRIES INC

Effective: 2023-02-01
Successor: Roger D. Shannon
Filed: February 2, 2023, 6:59 PM ET

Allen E. Dillard, the Company’s Chief Operating and Financial Officer, will continue serving as Chief Operating Officer but will no longer serve in the role of Chief Financial Officer.

Appointed

Roger D. Shannon

Chief Financial Officer

LAKE · LAKELAND INDUSTRIES INC

Effective: 2023-02-01
Filed: February 2, 2023, 6:59 PM ET

the Board of Directors (the “Board”) of Lakeland Industries, Inc. (“Lakeland” or the “Company”) appointed Roger D. Shannon as the Company’s Chief Financial Officer, effective February 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Allen E. Dillard changed role as Chief Operating Officer at LAKELAND INDUSTRIES INC.

Role: Chief Operating Officer

Exact text from the filing

Allen E. Dillard, the Company’s Chief Operating and Financial Officer, will continue serving as Chief Operating Officer but will no longer serve in the role of Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Roger D. Shannon was appointed as Chief Financial Officer at LAKELAND INDUSTRIES INC.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

the Board of Directors (the “Board”) of Lakeland Industries, Inc. (“Lakeland” or the “Company”) appointed Roger D. Shannon as the Company’s Chief Financial Officer, effective February 1, 2023.

View on SEC.gov

LAKELAND INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0001654954-23-001229

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