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Form 8-K CARDTRONICS INC For: Apr 06

April 6, 2015 8:38 AM EDT

 

 

UNITED STATES

SECURITIES 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):  April 6, 2015  (April 6, 2015)

 

Cardtronics, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware

 

001-33864

 

76-0681190

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

 

3250 Briarpark, Suite 400, Houston, Texas

 

77042

(Address of principal executive offices)

 

(Zip Code)

 

 

Registrant’s telephone number, including area code: (832-308-4000)

 

 

 

 

(Former name or former address, if changed since last report.)

 

 

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:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On April 6, 2015, J. Chris Brewster, Chief Financial Officer, age 65 and a named executive officer of Cardtronics, Inc. (“Cardtronics”), gave notice of his intention to retire from Cardtronics later this year.  Accordingly,  Cardtronics has commenced a search for his replacement.  Chris has informed the company that he will remain in his role until a  replacement has been appointed and will assist as long as necessary to ensure a smooth transition. 

 

Mr. Brewster’s planned retirement does not involve any disagreement with Cardtronics or any matter relating to Cardtronics’ operations, policies or practices. 

 

 Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release dated April 6, 2015

 


 

   

 

 

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.

 

 

Cardtronics, Inc.

 

 

Date:  April 6, 2015By:  /s/   j. chris brewster  

Name:  J. Chris Brewster

Title:  Chief Financial Officer

 

 


Exhibit 99.1

 

 

NEWS RELEASE

 

 

Cardtronics Chief Financial Officer Chris Brewster to Retire

HOUSTON, April 6, 2015 –  Cardtronics Inc. (Nasdaq: CATM) today announced that its chief financial officer, Chris Brewster, has notified the company of his plans to retire later this year. Cardtronics, the world’s largest retail ATM owner / operator, has retained executive search firm Spencer Stuart to conduct a search for Brewster’s successor. He will remain in his position until a new CFO is appointed and will assist his successor to ensure an orderly transition.

 

Steve Rathgaber, Cardtronics chief executive officer, said:

“Chris has been the face of the company, to the investor community, for almost a decade. His character and credibility have been tremendous assets to Cardtronics. Additionally his communication skills and style have facilitated and delivered a deep understanding of our business to investors.  Over the past eleven years, he has led Cardtronics through 22 acquisitions and over a five-fold increase in revenues. Chris has overseen our expansion from the United States into the United Kingdom, Mexico, Canada, Germany and Poland. I am truly grateful to have had Chris as my CFO for these past five plus years.”

 

Chris Brewster, Cardtronics chief financial officer, said:

“I’m proud to have been a part of Cardtronics over the last decade, and it has been delightful to work with such a talented and dedicated team. Cardtronics is well-positioned for continued growth, with strong leadership across the board. I’m looking forward to helping the team make a smooth transition to a new CFO.”

 

Brewster, 65, joined Cardtronics as CFO in 2004 and was instrumental in transitioning the Company from ownership by private equity to the public market. Prior to joining Cardtronics, he served in financial leadership positions at a series of multi-unit service businesses. He has served as chief financial officer of three NYSE-listed public companies whose revenues ranged from $400 million to $1.7 billion. He also serves on the board of the Houston Area Parkinson Society, a non-profit organization. He is a graduate of MIT and the Harvard Business School.

 

About Cardtronics (NASDAQ: CATM)

Making ATM cash access convenient where people shop, work and live, Cardtronics is at the convergence of retailers, financial institutions, prepaid card programs and the customers they share. Cardtronics owns/operates more than 110,200 retail ATMs in U.S. and international locales. Whether Cardtronics is driving foot traffic for America’s most relevant retailers, enhancing ATM brand presence for card issuers or expanding card holders’ surcharge-free cash access on the local, national or global scene, Cardtronics is convenient access to cash, when and where consumers need it. Cardtronics is where cash meets commerce.

 

Contact Information:

 

 

 

 

 

 

 


832-308-4975
[email protected] 

 

 

Media Relations

Nick Pappathopoulos

Director – Public Relations

832-308-4396

[email protected]

Investor Relations

Phillip Chin

EVP Corporate Development & Investor Relations
832-308-4975
[email protected] 

 

 

Cardtronics is a registered trademark of Cardtronics, Inc.

 

All other trademarks are the property of their respective owners.

 

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