Tier Technologies Inc - Current report filing (8-K)
April 07 2008 - 5:12PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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):
April 4,
2008
TIER
TECHNOLOGIES, INC.
(Exact
name of registrant as specified in its charter)
Delaware
(State
or other jurisdiction of
incorporation)
|
000-23195
(Commission
File
Number)
|
94-3145844
(IRS
Employer Identification No.)
|
10780
Parkridge Blvd., 4
th
Floor
Reston,
Virginia
(Address
of principal executive offices)
|
|
20191
(Zip
Code)
|
|
(571)
382-1000
(Registrant's
telephone number, including area code)
|
|
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the obligation of the registrant under any of the following
provisions:
o
|
Written
communication pursuant to Rule 425 under the Securities act (17 CFR
230.425)
|
o
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CRF
240.14a-12)
|
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
o
|
Pre-commencement
communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
Item
5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On
April 4, 2008, Tier Technologies, Inc. appointed Mr. Ronald
W. Johnston, age 61, as its Interim Chief Financial
Officer. Since August 2007 Mr. Johnston has served as a CFO partner
within the professional services firm, Tatum LLC; from October 2004 through
March 2007, Mr. Johnston served as Chief Financial Officer and Treasurer for
Grantham Education Corporation, a for-profit post-secondary university; from
September 2002 through September 2004, Mr. Johnston served as Chief Financial
Officer for WorldSpace Corporation, a satellite broadcast and content
development company. Mr. Johnston is employed in an
interim capacity for an initial period of ninety days while the
registrant completes its search for a permanent Chief Financial Officer.
Mr. Johnston is employed at a base compensation rate of $33,600 per
month, plus a placement fee of $14,400 per month to Tatum LLC. Mr. Johnston
will participate in the registrant’s paid-time off benefits and 401(k)
retirement plan.
SIGNATURE
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.
|
TIER
TECHNOLOGIES, INC.
|
|
By:
|
/s/Ronald
L. Rossetti
|
|
Name:
|
Ronald
L. Rossetti
|
|
Title:
|
Chief
Executive Officer
|
Date:
April 7, 2008
|
|
|
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