# EDGAR Filing Document

**Accession Number:** 0000933738
**File Stem:** 0001654954-23-001621
**Filing Date:** 2023-2
**Character Count:** 11312
**Document Hash:** 576a127e4563c17e2a0091a3f30c087b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001654954-23-001621.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001654954-23-001621

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20230207

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ENGLOBAL CORP
- **CENTRAL INDEX KEY:** 0000933738
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-ENGINEERING SERVICES [8711]
- **IRS NUMBER:** 880322261
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1228

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-14217
- **FILM NUMBER:** 23621005

**BUSINESS ADDRESS:**
- **STREET 1:** 11740 KATY FWY
- **STREET 2:** ENERGY TOWER III, 11TH FLOOR
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77079
- **BUSINESS PHONE:** 281-878-1000

**MAIL ADDRESS:**
- **STREET 1:** 11740 KATY FWY
- **STREET 2:** SUITE 1100
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77079

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INDUSTRIAL DATA SYSTEMS CORP
- **DATE OF NAME CHANGE:** 19970123

?xml version="1.0" encoding="utf-8"?eng_8k.htm

**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**

Date of Report (Date of earliest event reported) **February 7, 2023**

---

| |
|:---|
| **ENGlobal Corporation** |
| (Exact name of registrant as specified in its charter) |

---

---

| | | |
|:---|:---|:---|
| **Nevada** | **001-14217** | **88-0322261** |
| (State or other jurisdiction<br>of incorporation) | (Commission<br>File Number) | (IRS Employer<br>Identification No.) |

---

---

| | |
|:---|:---|
| **11740 Katy Fwy – Energy Tower III, 11th floor**<br>**Houston, Texas** | **77079** |
| (Address of principal executive offices) | (Zip Code) |

---

Registrant's telephone number, including area code: **281-878-1000**

<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

(Former name or former address, if changed since last report)

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:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 

Securities registered pursuant to Section 12(b) of the Act:

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| | |
|:---|:---|
| Title of each class | Name of each exchange on which registered |
| **Common Stock, $0.001 par value**<br> **ENG** | **The Nasdaq Stock Market LLC** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

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.

On February 7, 2023, Mark A. Hess, the Chief Executive Officer of ENGlobal Corporation (the "<u>Company</u>"), notified the Board of Directors (the "<u>Board</u>") that, effective February 10, 2023, he would resign from his officer positions with the Company and its subsidiaries. Mr. Hess will continue with the Company in his present role as a Director on the Board. Mr. Hess is available in an advisory capacity for a period of time, and when engaged in such capacity, will be compensated at a rate equal to one-half his previous salary.

On February 7, 2023, the Board appointed William A. Coskey, P.E., the Company's Chairman of the Board, as the Company's Executive Chairman effective February 7, 2023.

Mr. Coskey, age 70, founded ENGlobal in 1985 and has served in various positions, including service as Chairman of the Board since June 2005 and as President and Chief Executive Officer from August 2012 until his retirement in March 2021. From April 2007 until May 2010, he served as Chief Executive Officer. Prior to that, he served as Chairman of the Board, Chief Executive Officer and President from 1985 until 2001, Chief Operating Officer from 2001 to 2003, and President from 2001 to June 2005. Mr. Coskey, an honors graduate, received a Bachelor of Science in Electrical Engineering from Texas A&M University in 1975 and is a Registered Professional Engineer. He served on the Texas A&M University Electrical Engineering Department Advisory Council from 1999 to 2014, and from 2006 until 2014, he served as Chairman of the Council. Mr. Coskey received the 2014 Outstanding Alumni Honor Award from the Texas A&M University College of Engineering. In 2014, Mr. Coskey was also appointed to the Texas A&M College of Engineering Advisory Council.

There are no arrangements or understandings between Mr. Coskey and any other person pursuant to which he was selected as an officer of the Company. There are no family relationships between Mr. Coskey and any director or executive officer of the Company, and Mr. Coskey has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

**Item 7.01 Regulation FD Disclosure.**

On February 13, 2023, the Company issued a press release announcing recent changes in the Company's management. The press release is filed as Exhibit 99.1 to this Current Report on Form 8-K, and is incorporated herein by reference.

In accordance with General Instruction B.2 of Form 8-K, the foregoing information, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall such information and Exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits.

The following exhibits are included with this Current Report on Form 8-K:

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| | |
|:---|:---|
| Exhibit No.  | Description |
| [99.1](eng_ex991.htm) | [Press Release dated February 13, 2023](eng_ex991.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**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.

---

| | |
|:---|:---|
| | **ENGlobal Corporation** |
| <br>**February 13, 2023** | (Registrant)<br>***/s/ Darren W. Spriggs*** |
| (Date) | Darren W. Spriggs*,*<br>*Chief Financial Officer, Treasurer*<br>*and Corporate Secretary* |

---

## Exhibit 99.1

**EXHIBIT 99.1**

**FORMER ENG CHIEF EXECUTIVE OFFICER WILLIAM COSKEY RETURNS TO COMPANY**

**Houston, TX, February 13, 2023 – ENG (NASDAQ:ENG),** a leading provider of innovative project delivery solutions for the energy industry, today announced that former CEO, co-founder and current Chairman William A. Coskey, P.E., has been appointed by the Board to serve as Executive Chairman of the company, effective immediately.

Mr. Coskey assumes the leadership role from Mark Hess, who has resigned as CEO to pursue other interests. Mr. Hess, who had served as CEO since March 2021 and as CFO and Treasurer from 2012 to 2021, will be retained in an advisory capacity for a period of time and continue to serve as a Board Director. ENG President Roger Westerlind will retain his position, heading company operations.

"It's an honor for me to once again lead our talented team," said Mr. Coskey. "It's been impressive to witness the expansion of ENG's technical capabilities and facilities in recent years. Along with our depth of exceptional leadership, ENG has significantly enhanced our offering of project solutions for both renewable and traditional energy during this exciting time in the energy industry."

"I want to thank Mark for his leadership and many efforts on behalf of the company. He leaves ENG with excellent opportunities for future growth, and we wish him well in his future endeavors."

Mr. Coskey, who co-founded the company in 1985, has served for most of these years in various positions, including Chairman, President and CEO.

**<u>About ENG</u>**

ENG (NASDAQ:ENG) is a leading provider of complete project solutions for renewable and traditional energy throughout the United States and internationally. ENG operates through two business segments: Commercial and Government Services. The Commercial segment provides engineering, design, fabrication, construction and integration of automated control systems as a complete packaged solution for its clients. The Government Services segment provides engineering, design, installation, operations, and maintenance of various government, public sector, and international facilities, specializing in turnkey automation and instrumentation systems for the U.S. Defense industry worldwide. Further information about the Company and its businesses is available at <u>www.englobal.com</u>.

***Safe Harbor for Forward-Looking Statements***

*The statements above regarding the Company's expectations, including those relating to its future results, its future operations and certain other matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties. For a discussion of risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ENG's filings with the Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q, and other SEC filings.*

Click here to join our email list: <u>https://www.englobal.com/investors/</u>

**CONTACT:**

Market Makers - Investor Relations

Jimmy Caplan

512-329-9505

Email: <u>jimmycaplan@me.com</u>

Market Makers - Media Relations

Rick Eisenberg

212-496-6828

Email: <u>eiscom@msn.com</u>