Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
OnAugust 2, 2021 ,Frank Cannova andJason Lee delivered written notice to the Board of Directors (the "Board") ofArray Technologies, Inc. (the "Company") stating that each had resigned from his position as a member of the Board. At the time of their resignations,Mr. Lee was a member of the Audit Committee of the Board, andMr. Cannova was not a member of any committee of the Board. NeitherMr. Cannova's resignation norMr. Lee's resignation was the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. EffectiveAugust 2, 2021 , the Board, acting upon the recommendation of itsNominating and Corporate Governance Committee , appointed each ofPaulo Almirante andGerrard Schmid to serve as a member of the Board.Mr. Almirante will serve as a director until the Company's 2022 Annual Meeting of Stockholders, andMr. Schmid will serve as a director until the Company's 2023 Annual Meeting of Stockholders. There are no arrangements or understandings between either ofMr. Almirante orMr. Schmid and any other persons pursuant to which either was selected to serve as a director of the Company. In addition, there are no transactions between the Company and either ofMr. Almirante orMr. Schmid or their respective immediate family members requiring disclosure under Item 404(a) of Regulation S-K promulgated under the Exchange Act.
© Edgar Online, source