-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UFa5Nrbl8HFh8CQjG/aEcVPCUaUi6lBcuvFHxCZmLh+1D9a+N/kH0RFwNAErMEjD Ocg0VqdzXM9wd9DDWImqtA== 0000948688-99-000017.txt : 19990615 0000948688-99-000017.hdr.sgml : 19990615 ACCESSION NUMBER: 0000948688-99-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990611 ITEM INFORMATION: FILED AS OF DATE: 19990611 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JITNEY JUNGLE STORES OF AMERICA INC /MI/ CENTRAL INDEX KEY: 0001005408 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 640280539 STATE OF INCORPORATION: MI FISCAL YEAR END: 0103 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-80833 FILM NUMBER: 99644598 BUSINESS ADDRESS: STREET 1: 3800 I 55 NORTH STREET 2: STE 200 CITY: JACKSON STATE: MS ZIP: 39211 BUSINESS PHONE: 6019658625 MAIL ADDRESS: STREET 1: JITNEY JUNGLE STORES OF AMERICA INC STREET 2: 3800 I 55 NORTH CITY: JACKSON STATE: MS ZIP: 39211 FORMER COMPANY: FORMER CONFORMED NAME: JJ ACQUISITIONS CORP DATE OF NAME CHANGE: 19951227 8-K 1 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) June 11, 1999 ------------- JITNEY-JUNGLE STORES OF AMERICA, INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter.) MISSISSIPPI 33-80833 64-0280539 --------------------------------------------------------------------------- (State or other (Commission File (IRS Employer jurisdiction of Number) Identification Number) incorporation) 1770 Ellis Avenue, Suite 200, Jackson, MS 39204 -------------------------------------------------- (Address of Principal Executive Offices - Zip Code) (601) 965-8600 ---------------------------------------------------- (Registrant's telephone number, including area code) N/A -------------------------------------------------------------- (Former name and former address, if changed since last report.) Item 5. Other Events. On June 8, 1999, the Company announced the resignation of Michael E. Julian, Chairman of the Board and Chief Exective Officer, and Richard D. Coleman, Chief Financal Officer. The Company named Ronald E. Johnson as Chief Executive Officer and reappointed David R. Black as Chief Financial Officer. Attached as exhibit 99.1 is the related press release, which is incorporated by reference. Item 7. Financial Statements and Exhibits. (a) Not Applicable. (b) Not Applicable. (c) Exhibits. Exhibit No. Description 99.1 Jitney-Jungle Stores of America, Inc. Press Release, dated June 9, 1999. 2 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. JITNEY-JUNGLE STORES OF AMERICA, INC. By: /S/David R. Black ------------------------------------ David R. Black Senior Vice President and Chief Financial Officer Date: June 9, 1999 EX-99 2 JITNEY-JUNGLE STORES OF AMERICA, INC. ANNOUNCES MANAGEMENT CHANGES -- Ronald E. Johnson Promoted To Chief Executive Officer; David R. Black To Resume Responsibilities As Chief Financial Officer -- JACKSON, MS, June 9, 1999 -- Jitney-Jungle Stores of America, Inc. today announced a number of management changes as the Company evaluates strategic options to maximize shareholder value. The changes include the following: Ronald E. Johnson, currently President and Chief Operating Officer of the Company, has been named Chief Executive Officer. He succeeds Michael E. Julian, who has resigned from the Company to address personal matters. Mr. Julian will continue to consult with the Company. David R. Black, currently Senior Vice President - Finance and Assistant Secretary of the Company, has been reappointed Chief Financial Officer, a position he held from May 1996 through January 1999. Mr. Black succeeds Richard D. Coleman, who has resigned from the Company to devote more time to his family. Roger P. Friou, currently a member of Jitney- Jungle's Board of Directors, has been named a consultant to the Company. Mr. Friou served as President of Jitney-Jungle from March 1996 to May 1997 and, from 1991 to 1996, as Vice Chairman, Chief Financial Officer and Secretary. Before joining Jitney-Jungle in December of 1997 as President and COO, Mr. Johnson, 49, served as Chairman, President and CEO of Farm Fresh, a supermarket chain based in Norfolk, Virginia, from February 1997 to March 1998. From January 1995 to January 1997, Mr. Johnson was Chairman, President and CEO of Kash n' Karry Food Stores, Inc. in Florida. Mr. Johnson began his professional career at Harris- Teeter and held management positions at Food Lion, Bi-Lo, Food Giant and Richfood. In addition to his role as President and COO of the Company, Mr. Johnson has served on the Board of Directors of the Company since May 1996. In announcing his resignation, Mr. Julian said, "Ron Johnson is a seasoned supermarket CEO with a proven track record of success. In leaving the Company to address my own personal matters, I feel confident that I have left it in competent and capable hands. Ron has been a terrific business partner for many years and will prove to be a strong leader for the Company in the years ahead." Mr. Johnson said, "I am pleased to have this opportunity to lead Jitney-Jungle at this important time in the Company's history. I look forward to continuing our long tradition of working closely with our associates and vendors to deliver outstanding service and value to our customers." 2 "I am grateful for Mike Julian's many contributions to our Company and wish him the best. Likewise, it is with regret that the Board has accepted Rick Coleman's resignation. However, we sympathize with his desire to spend more time in Tampa with his family. Since joining the Company in January of this year, Rick has commuted on a weekly basis, which I know has placed a burden on him. We appreciate his assistance and thank him for his efforts." "The Company feels fortunate to be able to reappoint David Black as CFO. David needed to attend to some personal matters earlier this year and we are glad to have him back. He and I are looking forward to working closely with Roger Friou, whose knowledge of the Company's operations, accounting and finance functions is unparalleled." Mr. Johnson concluded, "While transitioning a company's leadership is never simple, we are fortunate to have a deep and experienced management team." The Company reported that its borrowings under its secured credit facility has decreased since the end of the first quarter. The Company is continuing its efforts to finalize a new, supplemental credit facility. As previously noted, the Company's Board is continuing its review of potential strategic combinations. Jitney-Jungle currently operates 196 supermarkets, 10 liquor stores and 55 gasoline stations located throughout Mississippi, Alabama and Louisiana, and in Tennessee, Florida and Arkansas. # # # Contact: R. Barry Cannada Chief Administrative Officer Jitney-Jungle Stores of America, Inc. (601) 346-2204 -----END PRIVACY-ENHANCED MESSAGE-----