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
GORDMANS STORES, INC.
(Exact name of registrant as specified in its charter)
Delaware | 001-34842 | 26-3171987 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(IRS Employer Identification No.) |
12100 West Center Road
Omaha, Nebraska 68144
(Address of principal executive offices, zip code)
(402) 691-4000
(Registrants telephone number, including area code)
(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 8.01 Other Events.
On May 13, 2013, Gordmans Stores, Inc. (the Company) appointed Geoffrey B. Ayoub, 51, as the Companys Senior Vice President of Planning, Allocation and Analysis. Mr. Ayoub assumes this position following the promotion of Michael Morand to Executive Vice President and Chief Merchandising Officer in February 2013.
Ayoub joins the Company with almost 20 years of retail management experience, most recently serving as chief planning officer for Edcon, a South African-based retailer operating over 1,000 stores in multiple retail formats throughout five countries with annual revenues exceeding $2 billion, since 2009. Prior to joining Edcon, Mr. Ayoub served as senior vice president of business planning and integration for Home Shopping Network from 2006 to 2008. Mr. Ayoub worked for J.C. Penney Corporation, Inc. from 2000 to 2006, most recently serving as vice president of business process development. Ayoub also held leadership positions as the vice president of allocation for the retail stores channel and the mens division vice president of planning and allocation with the company. Ayoub worked for Limited Brands, Inc. from 1993 to 2000, most recently serving as the director of merchandise operations and analysis for the Limited Stores Division.
There is no arrangement or understanding pursuant to which Mr. Ayoub was selected as Senior Vice President of Planning, Allocation and Analysis and no family relationship exists between Mr. Ayoub and any director or executive officer of the Company. Since the beginning of the Companys preceding fiscal year, there have been no related party transactions between the Company and Mr. Ayoub as described under Item 404(a) of Regulation S-K and none have been proposed.
A copy of the Companys press release, issued on May 14, 2013, announcing the appointment of Mr. Ayoub is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
99.1 | Press Release dated May 14, 2013 |
SIGNATURE
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.
GORDMANS STORES, INC. | ||||||
Date: May 14, 2013 |
By: | /s/ Michael D. James | ||||
Name: | Michael D. James | |||||
Title: | Senior Vice President, Chief Financial Officer, Treasurer and Assistant Secretary |
Exhibit 99.1
FOR IMMEDIATE RELEASE
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COMPANY CONTACT Michael Hammond 402-691-4000 michael.hammond@gordmans.com |
Gordmans Names Geoffrey Ayoub Senior Vice President of Planning, Allocation and Analysis
OMAHA, Neb. May 14, 2013: Gordmans, Inc., a Nebraska-based apparel and home décor retailer, has named Geoffrey Ayoub senior vice president of planning, allocation and analysis.
Mr. Ayoub joins Gordmans from EDCON, a South African-based retailer operating over 1,000 stores in multiple retail formats throughout five countries with annual sales exceeding $2 billion. At EDCON, he served as chief planning officer responsible for all aspects of merchandise planning, allocation, replenishment and merchandise analysis. He evaluated company capabilities and industry trends to develop strategic initiatives that drove revenue growth, expense savings and improved inventory management.
Geoff has comprehensive expertise in developing innovative strategies and processes to achieve significant sales growth objectives, said Jeff Gordman, president and CEO. He is adept at leveraging technology to optimize sales and planning and allocation-related processes. Geoffs planning acumen will help drive Gordmans continued expansion in both new and existing markets.
Prior to EDCON, Mr. Ayoub was senior vice president of business planning and integration with Home Shopping Network, for which he led the merchandise and show planning and new business processes. He also held several positions with J.C. Penney, the last of which was vice president of business process development responsible for new business systems to support product sourcing, merchandise planning, allocation and supply chain optimization. Prior to JCP, Mr. Ayoub spent seven years with Limited Brands, the capstone of which was leading the planning, reporting and analysis processes for the Limited Stores Division.
Mr. Ayoub earned a bachelors degree in Economics from the University of Pittsburgh and an M.B.A. degree from Texas A&M University.
ABOUT GORDMANS, INC.
Gordmans (NASDAQ: GMAN) features a large selection of the latest name brands, fashions and styles at up to 60 percent off department and specialty store prices every day. The wide range of merchandise includes apparel for all ages, accessories, footwear, home decor, gifts, designer fragrances, fashion jewelry, bedding and bath, accent furniture and toys. Founded in 1915, Gordmans operates 86 stores in 48 markets and 18 states. Gordmans is ranked No. 29 on the 2012 Forbes magazine list of Americas 100 best small-cap companies. For more information about Gordmans, visit gordmans.com. Join the conversation on Gordmans Facebook page and Twitter, @gordmans.
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