(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
Appointment of Chief Financial Officer
Talon International, Inc. (the "Company") appointed Nancy Agger-Nielsen to serve
as Chief Financial Officer of the Company, with the appointment to be effective
April 1, 2014. Ms. Agger-Nielsen will serve as Vice President Finance on an
interim basis until her appointment as CFO becomes effective.
Nancy Agger-Nielsen (age 51) previously served as CFO of Med-Legal, LLC, a
leading California provider of litigation support services, from 2013 to 2014,
and as Vice President of Finance for NDC Infrared Engineering from 2004 until
2013. A division of Spectris plc, NDC is the leading, global supplier of on
line measurement instrumentation for the manufacturing industry. Ms.
Agger-Nielsen completed an MBA program with the Peter F. Drucker School of
Management at Claremont Graduate University in Claremont, CA, and earned a
Bachelor of Science in Accounting at California State Polytechnic University in
Pomona, CA. Ms. Agger-Nielsen brings extensive management experience including
strategic business planning, international operations, and financial analysis to
Ms. Agger-Nielsen does not have any family relationships with any of the
Company's other directors or executive officers. Ms. Agger-Nielsen does not have
a direct or indirect material interest in any transaction with the Company
involving an amount exceeding $120,000, and no such transaction is currently
Resignation of Principal Accounting Officer
Effective February 28, 2014, Jim Reeder resigned from the Company. Mr. Reeder
previously served as Vice President, Corporate Controller and Principal
Accounting Officer of the Company. Lonnie D. Schnell, the Company's Chief
Executive Officer and current Chief Financial Officer, shall serve as Principal
Accounting Officer until Ms. Agger-Nielsen's appointment becomes effective.
Item 7.01 Regulation FD Disclosure
On March 5, 2014, the Company issued a press release regarding the appointment
of Nancy Agger-Nielsen as Chief Financial Officer. A copy of the press release
is attached hereto as Exhibit 99.1 and is incorporated herein by this reference.
Item 9.01 Financial Statements and Exhibits
99.1 Press release issued by Talon International, Inc. dated March 5, 2014.