0001489979-13-000015.txt : 20130520 0001489979-13-000015.hdr.sgml : 20130520 20130520161525 ACCESSION NUMBER: 0001489979-13-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130520 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130520 DATE AS OF CHANGE: 20130520 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Fresh Market, Inc. CENTRAL INDEX KEY: 0001489979 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 561311233 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34940 FILM NUMBER: 13858542 BUSINESS ADDRESS: STREET 1: 628 GREEN VALLEY ROAD STREET 2: SUITE 500 CITY: GREENSBORO STATE: NC ZIP: 27408 BUSINESS PHONE: 336-272-1338 MAIL ADDRESS: STREET 1: 628 GREEN VALLEY ROAD STREET 2: SUITE 500 CITY: GREENSBORO STATE: NC ZIP: 27408 8-K 1 form8-kcfo5x20x13.htm 8-K Form8-KCFO5-20-13

 



UNITED STATES
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 13, 2013


THE FRESH MARKET, INC.
(Exact name of Registrant as specified in its Charter)


Delaware
(State or other Jurisdiction of
Incorporation or Organization)
1-34940
(Commission File Number)
56-1311233
(I.R.S. Employer Identification No.)

628 Green Valley Road, Suite 500, Greensboro, NC 27408
(Address of Principal Executive Offices) (Zip Code)


(Registrant’s Telephone Number, Including Area Code): (336) 272-1338

Not Applicable
(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:

 
□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 
□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 
□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 
□ 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.

(c) On May 20, 2013, The Fresh Market, Inc. (the “Company”), announced the appointment of Jeffrey Ackerman as its Executive Vice President and Chief Financial Officer, effective June 3, 2013.

Mr. Ackerman, 50, served as Executive Vice President and Chief Financial Officer at Sealy Corporation, one of the largest bedding manufacturers in the world, from 2006 to 2013. From 1997 to 2006, Mr. Ackerman was Vice President, Finance with Dade Behring, Inc., a medical diagnostics company. From 1989 to 1997, he held a variety of finance roles at the Frito-Lay branded snack division of PepsiCo Inc. Mr. Ackerman holds a Masters in Business Administration from the University of Texas at Austin and a Bachelor of Science in Industrial Management from Purdue University.

In connection with an offer letter entered into between Mr. Ackerman and the Company, he will receive (a) an annual base salary of $400,000, (b) a restricted stock grant with a grant date value of $300,000, (c) a sign-on bonus of $160,000; and (d) a total of $420,000 of Grant Date value (GDV) of equity, pro-rated for the time period from June 3, 2013 until the end of the Company's 2013 fiscal year, in the form of options (forty percent (40%)), restricted shares (thirty percent (30%)) and performance share units (thirty percent (30%)). There are no arrangements or understandings between Mr. Ackerman and any other persons pursuant to which Mr. Ackerman was appointed as an executive officer of the Company.

A press release announcing Mr. Ackerman’s appointment is attached hereto as Exhibit 99.1 and is incorporated into this Item 5.02 by reference.
Item 9.01    Financial Statements and Exhibits.

(d)    Exhibits.

The following exhibit is furnished herewith:
 
 
 
 
Exhibit
No.
 
Description
 
 
99.1
 
Press release of The Fresh Market, Inc. dated May 20, 2013




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.

THE FRESH MARKET, INC.

Dated: May 20, 2013    By:     /s/ Scott F. Duggan    
Name: Scott F. Duggan
Title: Senior Vice President - General Counsel
 



EXHIBIT INDEX
 
Exhibit No.
 
Description
99.1
 
Press Release of The Fresh Market, Inc. dated May 20, 2013
 
 
 



EX-99.1 2 exhibit99_105202013.htm PRESS RELEASE Exhibit99_105202013

Exhibit 99.1


Investor Relations
(336) 615-8065
investorrelations@thefreshmarket.com


NEWS RELEASE     
FOR IMMEDIATE RELEASE    
        

The Fresh Market Names Jeffrey Ackerman Executive Vice President and Chief Financial Officer

GREENSBORO, N.C., May 20, 2013 (GLOBE NEWSWIRE) -- The Fresh Market, Inc. (Nasdaq: TFM), a high growth specialty retailer of high quality food products, today announced the appointment of Jeffrey Ackerman as its Executive Vice President and Chief Financial Officer effective June 3. Mr. Ackerman, 50, will oversee the company’s financial functions including accounting, audit, information technology, investor relations, tax, and financial planning and analysis.

“After conducting a national search, we are pleased to have attracted someone with Jeff’s strong leadership skills and deep financial and business planning expertise to our senior executive team,” said Craig Carlock, President and Chief Executive Officer. “With more than 25 years of experience across a broad range of consumer-oriented companies, Jeff’s operational mindset and retail focus are a great fit with our company and culture.”

Mr. Ackerman most recently served as Executive Vice President and Chief Financial Officer at Sealy Corporation, one of the largest bedding manufacturers in the world. Prior to Sealy, Mr. Ackerman was Vice President, Finance with Dade Behring, Inc. and held a variety of finance roles at the Frito-Lay branded snack division of PepsiCo Inc.

Mr. Ackerman holds a Masters in Business Administration from the University of Texas at Austin and a Bachelor of Science in Industrial Management from Purdue University.

About The Fresh Market, Inc.
Founded in 1982, The Fresh Market, Inc. is a specialty grocery retailer focused on providing high-quality products in a unique and inviting atmosphere with a high level of customer service. As of May 19, 2013, the Company operates 131 stores in 25 states, located in the Southeast, Midwest, Mid-Atlantic, Northeast, and West. For more information, please visit www.freshmarket.com.


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