Current Report




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Act of 1934
 
Date of Report (Date of Earliest Event Reported):
September 11, 2007
 
Commission file number: 001-33084
 
SUSSER HOLDINGS CORPORATION
(Exact name of registrant as specified in its charter)
 
Delaware
01-0864257
(State or other jurisdiction of
incorporation or organization)
(IRS Employer
Identification No.)
 
4433 Baldwin Boulevard
Corpus Christi, Texas 78408
(Address of principal executive offices, including zip codes)
 
Registrant’s telephone number, including area code: (361) 884-2463
 
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:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
Item 5.02   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On September 11, 2007, the Board of Directors of Susser Holdings Corporation (the “Company”) voted to appoint Mr. David P. Engel to serve as an additional Class III Director, effective as of that date. Mr. Engel previously served as a director of the Company’s predecessor and was recommended for appointment to the Board by the Company’s nominating and corporate governance committee as an additional “independent” director within the rules of the NASDAQ stock market. Although the Board has not yet appointed Mr. Engel to serve on any committee, the Company expects that Mr. Engel will be named to one or more of the Board’s audit, compensation and/or nominating and corporate governance committees.
 
As a Director of the Company, Mr. Engel will receive an annual retainer of $36,000 and will be eligible to receive grants of Company stock and/or options in accordance with the Company’s 2006 Equity Incentive Plan.
 
On September 17, 2007, the Company issued a news release announcing Mr. Engel’s appointment to the Board, which release is filed as Exhibit 99.1 hereto and incorporated under this Item 5.02 in its entirety.
 
Item 9.01   Financial Statements and Exhibits.
 
(c)
Exhibits
 
The following exhibits are filed herewith:
 
Exhibit Number
 
Exhibit Description
99.1
 
News Release of Susser Holdings Corporation, dated September 17, 2007.
 
 
 

 
 
SIGNATURES
 
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.
 
     
  SUSSER HOLDINGS CORPORATION
 
 
 
 
 
 
Date:  September 17, 2007 By:   /s/ Mary E. Sullivan
 
 
Name:  Mary E. Sullivan
Title:    Executive Vice President and Chief Financial Officer

 
 
 

 


David P. Engel Elected to Susser Holdings Board of Directors
 
Board expands to 7 members / Engel becomes 4th outside director
 
CORPUS CHRISTI, Texas, Sept. 17 /PRNewswire-FirstCall/ -- Susser Holdings Corporation (Nasdaq: SUSS) announced today that David P. Engel, a management consultant, has been elected to its board of directors. With the addition of Engel, Susser’s board expands to seven directors, including a majority of independent directors.
 
“David brings to our board more than 30 years of experience in business management, both as a business owner and as a management consultant,” said Sam L. Susser, president and chief executive officer of Susser Holdings. “He served on our board from 2000-2005, and his experience and expertise will prove very valuable to our Company as we continue to grow the business.”
 
Engel is principal of Corpus Christi-based Engel and Associates, LLC, which provides business management consulting services to public and private companies in the areas of financial performance improvement, acquisitions and divestitures.  
 
Prior to forming his consulting practice, Engel was president of Airgas Southwest, Inc., a distributor of welding supplies and packaged gases. Earlier, he was CEO, president and owner of Welders Equipment Company, which he sold to Airgas Southwest’s parent, Airgas Inc., in 1996.
 
Engel serves on the board of directors of First Victoria National Bank and is an advisory board member to Heldenfel’s Enterprises. He also serves on the board of the Corpus Christi Regional Economic Development Corporation, CHRISTUS Spohn Health System, the Lexington Museum and the South Texas Council of the Boy Scouts of America.
 
Engel received a bachelor of business administration degree from Southern Methodist University and is a graduate of the Harvard University Owner/President Management Program.
 
Corpus Christi, Texas-based Susser Holdings Corporation is a third generation family led business that operates 330 convenience stores in Texas and Oklahoma under the Stripes banner and supplies branded motor fuel to over 370 independent dealers through its wholesale fuel division. Susser owns and operates over 150 Laredo Taco Company restaurants inside the Stripes convenience stores that feature authentic “made from scratch” Mexican food.
 
SUSS-IR
 
Contacts:
Susser Holdings Corporation
Mary Sullivan, Chief Financial Officer
(361) 693-3743, msullivan@susser.com
 
DRG&E
Ken Dennard, Managing Partner
(713) 529-6600, ksdennard@drg-e.com
Anne Pearson, Senior Vice President
(210) 408-6321, apearson@drg-e.com
 
/CONTACT: Mary Sullivan, Chief Financial Officer of Susser Holdings Corporation, +1-361-693-3743, msullivan@susser.com; or Ken Dennard, Managing Partner, +1-713-529-6600, ksdennard@drg-e.com, or Anne Pearson, Senior Vice President, +1-210-408-6321, apearson@drg-e.com, both of DRG&E, for Susser Holdings Corporation/