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
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): September 20, 2021
THE BRINK’S COMPANY | ||||||||
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
(Address and zip code of
principal executive offices)
Registrant’s telephone number, including area code: (804 ) 289-9600
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:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule
405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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 Securities Act. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
On September 20, 2021 the Board of Directors (the “Board”) of The Brink’s Company (the “Company”), upon recommendation of the Corporate Governance and Nominating Committee of the Board, appointed Timothy J. Tynan as a non-employee director of the Company, effective on September 20, 2021. The Board has named Mr. Tynan to serve on the Compensation and Benefits and Finance and Strategy Committees. As a non-employee director of the Company, Mr. Tynan is eligible to participate in the Company’s compensation arrangements for non-employee directors, as described in the Company’s annual proxy statement filed with the Securities and Exchange Commission on March 23, 2021, and received an annual equity award of deferred stock units valued at $145,000 pro-rated as of the date of grant, September 20, 2021.
| Item 7.01 | Regulation FD Disclosure. | ||||
On September 21, 2021, the Company issued a press release related to the appointment of Mr. Tynan to the Board. A copy of the press release is attached as Exhibit 99.1 and incorporated by reference into this Current Report on Form 8-K.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific references in such a filing.
| Item 9.01 | Financial Statements and Exhibits. | ||||||||||
| (d) | Exhibits | ||||||||||
| 99.1 | |||||||||||
| 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.
THE BRINK’S COMPANY (Registrant) | ||||||||
| Date: September 21, 2021 | By: | /s/ Ronald J. Domanico | ||||||
| Ronald J. Domanico | ||||||||
| Executive Vice President and Chief Financial Officer | ||||||||
 | Exhibit 99.1 | |||||||
| Contact: Investor Relations |  | ||||
| 804.289.9709 | FOR IMMEDIATE RELEASE | ||||
Brink’s Expands Board of Directors with Appointment of Timothy J. Tynan
RICHMOND, Va., September 21, 2021 – The Brink’s Company (NYSE:BCO), the global leader in total cash management, route-based secure logistics and payment solutions, today announced the appointment of Timothy J. Tynan to its board of directors. Tynan’s appointment is effective September 20, 2021 and expands the company’s board from eight to nine members.
Tynan is the former CEO of Banc of America Merchant Services LLC. The company, one of the largest payments processing organizations in the U.S., was a joint venture of First Data (now Fiserv, Inc.) and Bank of America. Tynan was CEO from May 2014 until February 2021 and led the integration of the business into the parent organizations.
Doug Pertz, president and CEO of The Brink’s Company, said: “We are delighted to have Tim join our board. His depth of experience and insights into the FinTech and digital payments landscape, including merchant acquisition, business integration and technology, will be invaluable as we focus on our strategic plan to expand our presence in the cash payment ecosystem with digital solutions.”
Tynan added: “I am honored to join the Brink’s board. There has never been a better time for the integration of physical cash into the digital world. I’m excited by the company’s commitment to providing solutions that bring simplicity and savings across all payment types, including cash.”
Previously, Tynan served in several leadership roles at Citigroup, including in Tokyo, Japan as managing director and regional head of the transaction services division from 2012 to 2014. Tynan was also an executive officer and member of the management committee of Citibank Japan Ltd.
From 2008 to 2012, Tynan was head of reengineering and then chief operating officer of Citigroup’s global transaction services business. Tynan joined Citigroup in 2001 as chief operating officer and then global head of Citi business services, which managed all shared business services for the company in over 85 countries.
Tynan began his career in 1981 with the IBM Corporation, where he held various management and executive leadership roles.
Tynan is currently on the board of Chargeback Gurus, a leader in chargeback prevention and recovery services for e-commerce payments. Chargeback Gurus is a privately owned portfolio company of the private equity firm Falfurrias Capital Partners, where Tynan is also a senior advisor.
Tynan serves on the boards of several non-profit organizations, including the Borough of Manhattan Community College, A Chance in Life, and the New York Hall of Science, where he is co-Chair. He also served on the board of the Electronic Transactions Association, the leading U.S. payments industry organization, and was its chairman and president in 2018.
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About The Brink’s Company
The Brink’s Company (NYSE:BCO) is the global leader in total cash management, route-based secure logistics and payment solutions including cash-in-transit, ATM services, cash management services (including vault outsourcing, money processing and intelligent safe services), and international transportation of valuables. Our customers include financial institutions, retailers, government agencies, mints, jewelers and other commercial operations. Our global network of operations in 53 countries serves customers in more than 100 countries. For more information, please visit our website at www.brinks.com or call 804-289-9709.
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