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
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Date of report (Date of earliest event reported)
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November 20, 2017
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ATLANTIC AMERICAN CORPORATION
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(Exact name of registrant as specified in its charter)
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Georgia
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0-3722
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58-1027114
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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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4370 Peachtree Road, N.E., Atlanta, Georgia
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30319
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code
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(404) 266-5500
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N/A
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(Former name or former address, if changed since last report)
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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:
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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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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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On November 20, 2017, Atlantic American Corporation (the “Company”) announced that it has appointed J. Ross Franklin as Vice President and Chief Financial Officer (principal financial and accounting officer) and Corporate Secretary of the Company. Mr. Franklin, age 39, has been employed by the Company and its subsidiaries in various roles since 2000, including as Vice President, Accounting and Treasurer of the Company’s Bankers Fidelity Life Insurance Company subsidiary, since 2009, and as Interim Chief Financial Officer since August 1, 2017. Mr. Franklin earned both a Master of Professional Accounting and Master in Business Administration degrees from Georgia State University, and is a Certified Public Accountant.
A copy of the press release issued by the Registrant concerning the appointment of Mr. Franklin is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01. |
Financial Statements and Exhibits
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(d) Exhibits
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Press release dated November 20, 2017
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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.
| ATLANTIC AMERICAN CORPORATION | ||
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By:
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/s/ Hilton H. Howell, Jr.
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Hilton H. Howell, Jr.
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President and Chief Executive Officer
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| Date: November 20, 2017 | ||
Exhibit 99.1
Atlantic American Names
Ross Franklin Chief Financial Officer
ATLANTA, November 20, 2017 – Atlantic American Corporation (Nasdaq:AAME) today announced that the Board of Directors has appointed J. Ross Franklin to serve as Vice President and Chief Financial Officer, and Corporate Secretary, of the Company. He has been serving as Interim Chief Financial Officer since August 1, 2017.
Mr. Franklin has more than 18 years of accounting and financial management experience. Since 2000 he has held various roles of increasing responsibility with Atlantic American and its subsidiaries, serving as Vice President, Accounting and Treasurer of Bankers Fidelity since 2009. He is a Certified Public Accountant and earned both Master of Professional Accounting and Master in Business Administration degrees from Georgia State University.
“I couldn’t be more thrilled to welcome Ross as the new Chief Financial Officer of Atlantic American,” said Hilton H. Howell, Jr., chairman, president and chief executive officer of the Company. “With almost two decades of history with the Company, Ross brings a deep understanding of our business and will undoubtedly be successful in his new role.”
Atlantic American is an insurance holding company involved through its subsidiary companies in specialty markets of the life, health, and property and casualty insurance industries. Its principal insurance subsidiaries are American Southern Insurance Company, American Safety Insurance Company, Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company.
Note regarding Private Securities Litigation Reform Act: Except for historical information contained herein, this press release contains forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those indicated by such forward-looking statements due to a number of factors and risks detailed from time to time in statements and reports that Atlantic American Corporation files with the Securities and Exchange Commission.
For further information contact:
Hilton H. Howell, Jr.
Chairman, President & CEO
Atlantic American Corporation
404-266-5505