(Edgar Glimpses Via Acquire Media NewsEdge)
Item 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
(b) (d) On December 28, 2012, Echo Global Logistics, Inc. (the "Company")
issued a press release announcing that, effective December 28, 2012, David C.
Habiger, 43, was appointed to the Company's Board of Directors. Mr. Habiger is
the former Chief Executive Officer of NDS Group Ltd., a provider of video
software and content security solutions that was acquired by Cisco in
August 2012. Mr. Habiger is eligible to receive the standard director
compensation package, as approved by the Board of Directors on an annual basis
and disclosed in the Company's proxy statement. The Company confirms there is
no transaction between Mr. Habiger and the Company that would require disclosure
under item 404(a) of regulation S-K. Mr. Habiger's committee assignments have
not yet been determined.
On December 28, 2012, the Company also announced that Eric P. Lefkofsky resigned
from the Company's Board of Directors, effective December 28, 2012.
Mr. Lefkofsky submitted his resignation in coordination with the appointment of
Mr. Habiger to the Board of Directors to devote more time to his early stage
technology venture fund. There are no disagreements between Mr. Lefkofsky and
the Company on any matter relating to the Company's operations, policies or
A copy of the press release announcing the appointment of Mr. Habiger and the
resignation of Mr. Lefkofsky from the Company's Board of Directors is attached
hereto as Exhibit 99.1.