Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 19, 2022, Omega Flex, Inc. (the "Company") announced the following
organizational changes, effective immediately:
(a) Dean W. Rivest has been appointed as President of the Company, reporting
directly to Mark F. Albino, who has retained the position of chief operating
officer of the Company,
(b) Edwin B. Moran has been appointed as Executive Vice President of Sales,
including all industrial and commercial products, reporting to Mr. Rivest,
(c) Matthew F. Unger has been appointed as Vice President - Finance and Chief
Financial Officer, reporting to Mr. Rivest.
Mr. Rivest has been employed by the Company since 2000, and most recently was
Executive Vice President, responsible for manufacturing and engineering for all
products, as well as sales and marketing for the industrial and MediTrac®
products, which he has held since 2020. Prior to that, Mr. Rivest was the Vice
President and General Manager of the industrial and MediTrac® products since
2005.
Mr. Moran has been employed by the Company since 2001, and most recently was the
Vice President for Residential Markets for flexible gas piping products. Mr.
Unger was formerly the Interim Finance Director since 2021, and before that was
the Company controller. Other than salary adjustments commensurate with their
new positions, there have been no other changes to the compensation of the three
officers.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(a) none
(b) none
(c) none
(d) The following documents are filed herewith as exhibits to this Form 8-K:
Exhibit 99.1 - Press Release
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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