SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 1, 2013 (January 31, 2013)
CARE INVESTMENT TRUST INC.
(Exact Name of Registrant as Specified in Charter)
Registrants telephone number, including area code: (212) 446-1410
(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 registrant under any of the following provisions (see General Instruction A.2. below):
(c) Appointment of Officer
On January 31, 2013, in connection with the resignation of Joseph B. Sacks, the Controller and Principal Accounting Officer of Care Investment Trust Inc. (the Company), which resignation is effective as of January 31, 2013, the Companys Board of Directors appointed Patrick Huvane, CPA, as Principal Accounting Officer of the Company effective as of February 1, 2013. Mr. Huvane will hold this office until his successor is duly elected and qualified.
Mr. Huvane, 44, is the Controller of Tiptree Financial Partners, L.P. (Tiptree), the majority shareholder of Care. He is employed by Mariner Investment Group LLC (Mariner). Mr. Huvanes salary is not paid by the Company; rather, he will provide services to the Company as its Principal Accounting Officer through a services agreement that is in place between TREIT Management, LLC (TREIT) and the Company. Mariner and its affiliates provide certain services, including accounting services, to the Company and TREIT through certain agreements with affiliates of TREIT. Prior to joining Mariner in 2007, Mr. Huvane was Controller at Axon Financial Services, Inc. (Axon) from 2006 to 2007. For the five years prior to joining Axon, Mr. Huvane was employed at Fletcher Asset Management, Inc. (Fletcher). During his tenure with Fletcher, Mr. Huvane held positions of increasing responsibility including as Chief Financial Officer and Chief Compliance Officer. Mr. Huvane also has extensive supervisory experience at large financial institutions such as Credit Suisse and Sumitomo Bank. He began his career as an auditor at Ernst & Young in 1990. Mr. Huvane was a part-time adjunct faculty member of Manhattan Colleges Department of Economics & Finance from 2008 to 2009. He is a Certified Public Accountant in New York and is also a CFA charterholder. Mr. Huvane has a B.S. in Accounting from Manhattan College and an M.B.A. in Finance from New York Universitys Leonard N. Stern School of Business.
In connection with Mr. Huvanes appointment as Principal Accounting Officer, the Company and Mr. Huvane expect to enter into an indemnification agreement that is substantially similar to the Companys form of indemnification agreement (the Indemnification Agreement). The Indemnification Agreement provides the Companys directors and officers the maximum indemnification permitted by law. The foregoing description of the Indemnification Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the form of Indemnification Agreement, a copy of which was filed as Exhibit 10.9 to the Companys Registration Statement on Form S-11, as amended (File No. 333-141634), filed on June 7, 2007, and which exhibit is incorporated herein by reference.
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 thereunto duly authorized.