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): October 4, 2004
--------
COMMAND SECURITY CORPORATION
(Exact name of registrant as specified in its charter)
New York 0-18684 14-1626307
(State or other jurisdiction of (Commission file number) (I.R.S. employer
incorporation or organization) identification no.)
Lexington Park
Lagrangeville, New York 12540
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (845) 454-3703
COMMAND SECURITY CORPORATION
FORM 8-K
CURRENT REPORT
TABLE OF CONTENTS
Page
Item 5.02. Departure of Directors or Principal Officers;
Election of Directors; Appointment of Principal Officers.........3
Item 9.01 Exhibits.........................................................3
Signature....................................................................4
2
Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
(b) On October 7, 2004, William C. Vassell resigned as Chief Executive
Officer of Command Security Corporation (the "Company"). On October 4, 2004,
Gordon Robinett resigned as Chief Financial Officer of the Company.
(c) On October 4, 2004, Barry Regenstein, the Company's Chief Operating
Officer, was appointed by the Board of Directors of the Company to the
additional position of Chief Financial Officer. Mr. Regenstein has served as
Chief Operating Officer of the Company since his appointment to that position on
August 27, 2004. Mr. Regenstein has over 20 years of experience in operations
and finance of contract services companies. Most recently, Mr. Regenstein
rendered consulting services for Trinad Capital, L.P., a shareholder of the
Company, and its affiliates, from February 2004 until August 2004. Prior to that
period, Mr. Regenstein served as a Senior Vice President and the Chief Financial
Officer of GlobeGround North America LLC (formerly Hudson General Corporation),
an airport services company from 2001 until 2003. Mr. Regenstein also served as
Vice President and Chief Financial Officer of GlobeGround North America LLC from
1997 to 2001 and was employed in various capacities with GlobeGround North
America LLC since 1982.
(d) On October 7, 2004, Martin C. Blake, Jr. was appointed by the Board
of Directors of the Company to fill one of the two remaining vacancies on the
Board. Mr. Blake heads the company's aviation services division and has been
with the Company since 1995. Mr. Blake has over thirty years of experience in
aviation security services. Prior to joining the Company in 1995, Mr. Blake
retired as a Major in the United States Air Force, where he served in a variety
of senior management positions. Mr. Blake's last assignment was as the Program
Manager for Electronic Security Systems, Electronic Systems Division. In this
capacity he managed a $20 million annual program responsible for global
marketing, procurement, and deployment of electronic security systems. He was
responsible for integrating security systems and programs at international
airports in Germany, Turkey, and the United Kingdom. Previously, Mr. Blake was
the Director of Security at the Department of Defense's largest classified air
flight facility, incorporating over 1,200 square miles of restricted air space.
Establishing aviation security programs for major aircraft defense contractors
was an integral responsibility of his position. Mr. Blake also served as the
Security Program Manager for Air Force space programs, including security for
the Space Shuttle and expendable space launch vehicles. He also led the effort
to integrate a shared automated entry control system for use at Cape Canaveral,
Kennedy Space Center, and the Johnson Space Center.
Item 9.01. Exhibits.
(c)
Exhibit No. Description
----------- -----------
99.1 Press Release, dated October 8, 2004
3
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
Command Security Corporation has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Date: October 8, 2004
COMMAND SECURITY CORPORATION
By: /s/ Barry Regenstein
----------------------------------
Name: Barry Regenstein
Title: Chief Financial Officer
4