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Tracking 1053 U.S. listed China Stocks and Counting...
Tracking 1535 U.S. Stocks and Counting...
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CFO Trail
Resolution of Legal Issues
Wednesday, February 8, 2012
CFO Trail
Item 5.02, Departure of Directors
or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
.
On December 30, 2011, General Employment Enterprises, Inc. terminated the employment of James R. Harlan, the Company’s Chief Financial Officer and Treasurer. Mr. Harlan’s termination was not due to any disagreement with the Company on any matter relating to the Company's operation, policies or practices.
On January 3, 2012, General Employment Enterprises, Inc. appointed Jarett A. Misch as
Chief Financial Officer
of the Company. From October 2007 to June 2011, Mr. Misch served as Vice President – Accounting at National Express Corp., the second largest school bus transportation company in North America, where he was responsible for all accounting, payroll, treasury, financial reporting, internal controls and tax matters. Prior to National Express, he served as Vice President, Controller and Chief Accounting Officer at Factory Card & Party Outlet, a publicly traded retail company. He has experience in SEC reporting, Sarbanes Oxley compliance and IFRS. Mr. Misch holds a B.S. in business from Indiana University and is a Certified Public Accountant.
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Resolution of Legal Issues
Item 3.01
Notice of Delisting
or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On January 4, 2012, General Employment Enterprises, Inc., an Illinois corporation (the “Company”), received a letter from the NYSE Amex LLC (the “Exchange”) stating that based upon its review of publicly available information including the Company’s Form 8-K filed on December 21, 2011, the Company had resolved the continued listing deficiencies with respect to Sections 1003(a)(i) and (ii) of the Exchange’s Company Guide.
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