ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On July 13, 2021, the Company announced, via press release, that Craig White has
been appointed the Company's new Chief Executive Officer and President effective
immediately and Randall White will transition to Executive Chairman.
Also, on July 13, 2021, the Board of Directors of the Company unanimously
approved adding Craig White to the Company's Board of Directors. Mr. Craig White
has worked for Educational Development Corporation in excess of 30 years, most
recently as the Company's Chief Operating Officer where his responsibilities
focused on the Company's IT and Operations departments. Mr. Craig White is being
added as a Class II Director.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
Exhibit
Number Description
99.1 Copy of press
release
announcing
Randall White
as Executive
Chairman and
Craig White as
Chief Executive
Officer and
President.
104 Cover Page
Interactive
Data File
(formatted as
Inline XBRL)
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