globres_8k-052809.htm
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
Date
of Report (Date of earliest event reported): May 28, 2009
Global
Resource Corporation
(Exact
Name of Registrant as Specified in its Charter)
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Nevada
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000-50944
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84-1565820
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(State
or Other Jurisdiction
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(Commission
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(IRS
Employer
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of
Incorporation)
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File
Number)
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Identification
No.)
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1000
Atrium Way, Suite 100
Mount
Laurel, New Jersey 08054
(Address
of Principal Executive Offices) (Zip Code)
Registrant's
telephone number, including area code: (856) 767-5665
(Former
name or former address, if changed since last report.)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the Company under any of the following
provisions (see General Instruction A.2. below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
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 May
28, 2009, at a meeting of the Board of Directors (the “Board”) of Global
Resource Corporation (the “Company”), the Board voted to separate the position
of Chairman of the Board from that of Chief Executive Officer of the Company in
order to strengthen both the corporate governance and the management team of the
Company. The Board believes that separating the roles of Chairman of
the Board from Chief Executive Officer will enable the Chairman to better focus
on corporate governance and enable the Chief Executive Officer to better focus
on the rapid advancement of the Company’s technology applications and product
development and commercialization.
Consequently,
the Board appointed Peter A. Worthington, a current director of the Company, to
the position of Interim Chairman of the Board of Directors effective May 28,
2009, to hold the position until a permanent, independent Chairman of the Board
is appointed. Eric Swain will continue to serve as a member of the
Board of Directors in addition to his role as Chief Executive Officer of the
Company.
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the Company has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
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Global
Resource Corporation |
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Dated:
June 3, 2009
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By:
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/s/ Eric
Swain |
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Eric
Swain |
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Chief
Executive Officer |
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