Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On May 24, 2022, Domonic J. Carney resigned as Chief Financial Officer and
Treasurer of Industrial Human Capital, Inc. ("AXH" or the "Company"), and the
Board of Directors (the "Board") of AXH accepted his resignation the same day,
effective immediately.
On May 24, 2022, the Board of AXH appointed Gabriel Rodriguez, 34, to the
positions of Chief Financial Officer and Treasurer of AXH, effective
immediately. Since January 2021, Mr. Rodriguez has served as Director of Finance
for AXH's sponsor, ShiftPixy, Inc. ("ShiftPixy"), a human capital management
enterprise, and will continue to serve in that role, as well as Chief Financial
Officer and Treasurer of AXH, until a suitable replacement can be found. Mr.
Rodriguez was employed by the worldwide accounting firm PriceWaterhouseCoopers
from January 2012 until February 2015, when he left as a Senior Associate. From
February 2015 until April 2016, he held the position of Senior Accountant for
Carnival Corp. & PLC (NYSE:CCL), one of the world's largest cruise operators.
Mr. Rodriguez assumed the position of Manager/Vice President, FP&A, for Capital
Bank Financial Corp., a bank holding company, from April 2016 through January
2018, when Capital Bank was acquired by First Horizon Corp. (NYSE:FHN), a
financial services company. Mr. Rodriquez became Assistant Controller and
Manager of Special Projects of First Horizon following the acquisition, leaving
in August 2018 to become Director of IT Finance for Southern Glazer's Wine &
Spirits, a privately owned wine and alcohol distributor. Mr. Rodriguez earned a
Bachelor's of Science Degree in Business Administration, with a minor in
Accounting, from Villanova University, and a Master's of Science Degree in
Accounting from Florida International University. Mr. Rodriguez is licensed as a
Certified Public Accountant in the State of Georgia.
There is currently no agreement in place between the Company and Mr. Rodriguez
with respect to his compensation, and the Company does not intend to pay any
compensation to Mr. Rodriguez prior to the consummation of its initial business
combination. Mr. Rodriguez currently earns annual compensation in his role as
Director of Finance for ShiftPixy of $174,152.
On May 24, 2022, the Company's sponsor, ShiftPixy, issued a press release
announcing these developments. A copy of the press release is attached hereto as
Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
The following exhibits are filed as part of this report:
Exhibit Number Description
99.1 Press release issued by ShiftPixy, Inc., dated May 24, 2022.
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