Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Leaf Group Ltd.    LEAF

LEAF GROUP LTD.

(LEAF)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

LEAF GROUP LTD. : Change in Directors or Principal Officers, Regulation FD Disclosure (form 8-K)

11/09/2020 | 08:33am EST

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

Appointment of Directors

On November 6, 2020, the Board of Directors (the "Board") of Leaf Group Ltd. (the "Company") appointed each of Suzanne Hopgood and Rob Krolik as a director of the Board, effective immediately. Ms. Hopgood will serve in the class of directors whose term expires at the Company's 2021 annual meeting of stockholders and Mr. Krolik will serve in the class of directors whose term expires at the Company's 2023 annual meeting of stockholders. Ms. Hopgood has been appointed as a member of the Company's compensation committee and Mr. Krolik has been appointed as a member of the Company's audit committee.

Suzanne Hopgood. Ms. Hopgood founded The Hopgood Group, LLC, a business consulting company, in 1985 and is the Managing Member. From 2014 to 2018, Ms. Hopgood served on the board of directors of Mace Security International, a manufacturer of safety and security products. From 2004 to 2010, Ms. Hopgood served on the board of directors of Acadia Realty Trust, a real estate investment trust focused on retail properties in the United States. Ms. Hopgood has also served as chief executive officer and on the board of a various of public and private companies. Ms. Hopgood received a bachelor in science in business administration from the University of New Hampshire.

There are no arrangements or understandings between Ms. Hopgood and any other person pursuant to which she was appointed as a director of the Company. There are no family relationships between Ms. Hopgood and any director or executive officer of the Company, and Ms. Hopgood is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Rob Krolik. Since 2018, Mr. Krolik has served as the General Partner and Chief Financial Officer of Burst Capital, a venture capital firm focused on investments in software and service companies. Prior to joining Burst Capital, Mr. Krolik served as the Chief Financial Officer of Yelp, a website and mobile application that publishes crowd-sourced reviews of businesses, from 2011 until 2016. From 2009 to 2011, Mr. Krolik was the Chief Financial Officer of Move.com, a company that provides real estate information across a variety of websites. Mr. Krolik has served on the board of directors of The Real Real since 2019. Mr. Krolik also serves as a director of various private companies. Mr. Krolik received a bachelor of business administration from the University of Texas at Austin. Mr. Krolik is a certified public accountant (inactive).

There are no arrangements or understandings between Mr. Krolik and any other person pursuant to which he was appointed as a director of the Company. There are no family relationships between Mr. Krolik and any director or executive officer of the Company, and Mr. Krolik is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Retirement of Director

In addition, on November 6, 2020, John Pleasants notified the Company of his retirement from the Board and from his role as a member and chair of the Company's compensation committee and a member of the Company's audit committee, effective immediately. Mr. Pleasant's decision to resign was not related to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

On November 9, 2020, the Company issued a press release announcing the appointment of each of Ms. Hopgood and Mr. Krolik as a director and the retirement of Mr. Pleasants. A copy of this press release is furnished as Exhibit 99.1 to this current report on Form 8-K.

Item 7.01Regulation FD Disclosure

On November 9, 2020, the Company issued a letter to its shareholders in response to a recent public letter from a group of investors in the Company purporting to express concern with the Company's business strategy and corporate governance. The shareholder letter was also issued as a press release. A copy of the shareholder letter press release is attached hereto as Exhibit 99.2 and is incorporated herein by reference. The information in this Item 7.01 of Form 8-K and Exhibit 99.2 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.






(d) Exhibits.



Exhibit Number Description

99.1 Press release dated November 9, 2020

99.2 Shareholder Letter Press Release dated November 9, 2020

104 Cover Page Interactive Data File (formatted as Inline XBRL with applicable

    taxonomy extension information contained in Exhibits 101)






                                       3

© Edgar Online, source Glimpses

All news about LEAF GROUP LTD.
01/21TRUECAR : Names Jantoon Reigersman Chief Financial Officer
MT
01/20LEAF : Hunker Featured in Business of Home
PU
01/19Well+Good Launches Content-Driven e-Commerce Marketplace
GL
01/12LEAF : Saatchi Art Featured in Elite Traveler
PU
01/12OnlyInYourState Launches its ‘21 Hidden Gems Across the U.S. to Visit i..
GL
01/07Hunker and Redfin Announce the Top Home Trends for 2021
GL
01/06LEAF : Well+Good Featured on Yahoo! News
PU
01/06LEAF : Citi TMT West Presentation
PU
01/06LEAF GROUP LTD. : Results of Operations and Financial Condition, Financial State..
AQ
01/06Leaf Group Announces Preliminary Fourth Quarter 2020 Results
GL
More news
Financials (USD)
Sales 2020 211 M - -
Net income 2020 -9,55 M - -
Net Debt 2020 - - -
P/E ratio 2020 -15,3x
Yield 2020 -
Capitalization 191 M 191 M -
Capi. / Sales 2020 0,91x
Capi. / Sales 2021 0,82x
Nbr of Employees 341
Free-Float 89,7%
Chart LEAF GROUP LTD.
Duration : Period :
Leaf Group Ltd. Technical Analysis Chart | LEAF | US52177G1022 | MarketScreener
Technical analysis trends LEAF GROUP LTD.
Short TermMid-TermLong Term
TrendsBullishBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 2
Average target price 7,50 $
Last Close Price 5,36 $
Spread / Highest target 67,9%
Spread / Average Target 39,9%
Spread / Lowest Target 11,9%
EPS Revisions
Managers and Directors
NameTitle
Sean P. Moriarty Chief Executive Officer & Director
Deborah A. Benton Non-Executive Chairman
Brian Pike Chief Operating & Technology Officer
Brian Gephart Chief Financial & Accounting Officer
Jennifer Schulz Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
LEAF GROUP LTD.15.27%191
TENCENT HOLDINGS LIMITED35.90%861 775
NETFLIX, INC.-3.23%231 182
PROSUS N.V.8.83%188 477
NASPERS LIMITED25.45%98 471
UBER TECHNOLOGIES, INC.-5.67%84 855