UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Appointment of David Lambert
On June 10, 2021, Lawson Products, Inc. (the “Company”) appointed David Lambert as Vice President, Controller and Chief Accounting Officer of the Company.
Mr. Lambert, 47, most recently served as the VP and Corporate Controller at Univar Solutions, a $10 billion chemical distribution company. Previously, Mr. Lambert acquired extensive experience through a number of progressive roles in finance with organizations such as Donnelley Financial Solutions, Navigant, Navistar Defense, Hillshire Brands and Zurich North America. Mr. Lambert holds a BA in Accounting from Lewis University and a MBA from DePaul University.
Mr. Lambert will receive salary, bonus and equity awards, and will participate in other benefit and compensation plans, at levels consistent with his seniority and scope of responsibility. Mr. Lambert has not entered into any material compensation plan, contract or arrangement in connection with his appointment.
There are no family relationships between Mr. Lambert and any director or other executive officer, nor are there any transactions to which the Company was or is a participant and in which Mr. Lambert has a material interest subject to disclosure under Item 404(a) of Regulation S-K. There are no arrangements or understandings between Mr. Lambert and any other persons pursuant to which he was appointed to be an officer of the Company.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LAWSON PRODUCTS, INC. | ||||||
| (Registrant) | ||||||
| Date: June 15, 2021 | By: | /s/ Ronald J. Knutson | ||||
| Name: Ronald J. Knutson | ||||||
| Title: | Executive Vice President, Chief Financial Officer, Treasurer and Controller | |||||