Current Report Filing (8-k)
11 June 2016 - 7:32AM
Edgar (US Regulatory)
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): June 8, 2016
O
DYSSEY
M
ARINE
E
XPLORATION
, I
NC
.
(Exact name of registrant as specified in its charter)
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Nevada
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001-31895
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84-1018684
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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5215 West Laurel Street
Tampa, Florida 33607
(Address of Principal Executive Offices and Zip Code)
Registrants telephone number, including area code: (813) 876-1776
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 (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02
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Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
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As of June 8, 2016, as part of Odyssey Marine Exploration Inc.s on going cost-cutting strategy, one full-time executive position has
been eliminated. As a result of this restructuring, former Chief Financial Officer, Philip S. Devine, is no longer with the company. Jay A. Nudi, Odysseys current Chief Accounting Officer and Treasurer, has assumed the additional duties as
Interim Chief Financial Officer.
Mr. Nudi has served as Odysseys Principal Accounting Officer since January 2006 and Treasurer
since June 2010. Mr. Nudi is a certified public accountant, joined Odyssey in May 2005 as Corporate Controller, and has over 20 years of accounting and management experience. Mr. Nudi received a B.S. degree in Accounting from Pennsylvania
State University in 1985.
These actions are part of Odysseys restructuring plan, which has resulted in the reduction of staff and
other expenses to better align with the companys strategic direction. Odyssey appreciates Mr. Devines service to the company during his tenure.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
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O
DYSSEY
M
ARINE
E
XPLORATION
, I
NC
.
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Dated: June 10, 2016
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By:
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/s/ Mark D. Gordon
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Mark D. Gordon
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President & Chief Executive Officer
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