Diomed Holdings Inc - Current report filing (8-K)
December 19 2007 - 1:57PM
Edgar (US Regulatory)
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)
December
14, 2007
Diomed
Holdings, Inc.
Delaware
(State
or other jurisdiction of incorporation)
|
000-32045
(Commission
File Number)
|
84-1480636
(IRS
Employer Identification No.)
|
1
Dundee Park
Andover,
MA
(Address
of Principal Executive Offices)
|
01810
(Zip
Code)
|
Registrant’s
telephone number, including area code:
(978-475-7771)
Item
5.02.
Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers
.
(e)
At
the
recommendation of the Compensation Committee of the Board of Directors, on
December 14, 2007, the Registrant increased the annual base salary of William
D.
Allan, Managing Director of Diomed, Ltd., to £113,000 per annum, effective
retroactively as of November 1, 2007. In making this determination, the
Compensation Committee considered, among other things, the fact that Mr.
Allan
and his family recently relocated to the Cambridge, England area in order
to
serve the Registrant.
Also
at
the recommendation of the Compensation Committee, on December 19, 2007, the
Registrant extended its employment agreement with its Chief Executive Officer,
James A. Wylie, Jr. for a term of one year through December 31, 2008. All
other
terms of Mr. Wylie’s employment agreement remain in effect and
unmodified.
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.
|
|
|
|
Diomed
Holdings, Inc.
(Registrant)
|
|
|
|
Date:
December
19, 2007
|
By:
|
/s/
DAVID B. SWANK
|
|
Name:
David
B. Swank.
|
|
Title:
Chief
Financial Officer
|
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