UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of
Report (Date of earliest event reported) October 12, 2016
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Cross Country Healthcare, Inc.
(Exact
name of registrant as specified in its charter)
______________
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Delaware
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0-33169
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13-4066229
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(State
or Other Jurisdiction
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(Commission
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(I.R.S.
Employer
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of
Incorporation)
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File
Number)
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Identification
No.)
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6551 Park of Commerce Blvd., N.W., Boca Raton, FL
33487
(Address
of Principal Executive Office) (Zip Code)
(561) 998-2232
(Registrant’s
telephone number, including area code)
Not Applicable
(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
October 12, 2016, Cross Country Healthcare, Inc.
(“CCH”) announced that William J. Burns, the Chief
Financial Officer of the Company, is taking a medical leave of
absence. In connection with Mr. Burns’ leave of absence,
on October 12, 2016, the CCH Board of Directors appointed
Christopher Pizzi, the Company’s Corporate Controller, as
acting Chief Financial Officer.
Mr. Pizzi,
age 45, has been Corporate Controller of the Company since December
1, 2014. From September 2013 to December 2014, Mr. Pizzi
served as Assistant Vice President, Corporate Finance and
Accounting at Health Management Associates, Inc.
(“HMA”), Director of Corporate Accounting at HMA from
January 2011 to September 2013, and Assistant Corporate Controller
at HMA from April 2006 to January 2011.
There
are no arrangements or understandings between Mr. Pizzi and any
other persons pursuant to which he was selected as an officer and
he has no direct or indirect material interest in any transaction
required to be disclosed pursuant to Item 404(a) of Regulation
S-K.
Mr.
Pizzi’s base salary will be $220,000 per year while he is the
acting Chief Financial Officer, and on an annual basis he is
eligible to receive a target of 40% of his base salary as a short
term incentive and 40% of his base salary in long-term incentive
compensation pursuant to plans approved by the Company. He is
an at-will employee. Mr. Pizzi participates in certain benefit
programs and plans of CCH. He is also subject to a confidentiality,
nonsolicit and non-compete agreement.
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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.
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CROSS COUNTRY HEALTHCARE, INC.
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October 12,
2016
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By:
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/s/
William
J. Grubbs
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William J. Grubbs |
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Chief Executive Officer |
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