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: November 28, 2016

(Date of earliest event reported)

 

Banyan Rail Services Inc.
(Exact name of registrant as specified in its charter)

 

Delaware
(State or other jurisdiction

of incorporation)

1-9043
(Commission

File Number)

36-3361229
(I.R.S. Employer

Identification No.)

 

 

5200 Town Center Circle, Suite 550, Boca Raton, Florida
(Address of principal executive offices)

 

33486
(Zip Code)

 

 

(561) 617-8050

(Registrant’s telephone number, including area code)

 

 

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))

 

 

 

 

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On November 28, 2016, Jon Ryan informed the Board of Directors (the “Board”) of Banyan Rail Services Inc. (the “Company”) of his intention to resign as the Company’s Chief Executive Officer, President and Chief Financial Officer, effective immediately. Mr. Ryan also resigned from his position as a director on the Board. The Company’s board now consists of 4 members. Mr. Ryan resigned in order to pursue personal opportunities. The Company named Paul Dennis as the interim CEO, President and CFO.

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

Banyan Rail Services Inc.


By: /s/ Christopher J. Hubbert

Name: Christopher J. Hubbert
Title:   Secretary

   

Dated December 2, 2016