-----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, AffLil/gTyKY+iCch1VfYcuG/+5K3RaaiHk1ucCe11r2t+6lpU4exDwytusGfOhS 7SqDir3quYIY5h13+y0jTg== 0000950152-05-007548.txt : 20050908 0000950152-05-007548.hdr.sgml : 20050908 20050908165458 ACCESSION NUMBER: 0000950152-05-007548 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20050906 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050908 DATE AS OF CHANGE: 20050908 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLAIR CORP CENTRAL INDEX KEY: 0000071525 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 250691670 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00878 FILM NUMBER: 051075777 BUSINESS ADDRESS: STREET 1: 220 HICKORY ST CITY: WARREN STATE: PA ZIP: 16366 BUSINESS PHONE: 8147233600 MAIL ADDRESS: STREET 1: 220 HICKORY STREET CITY: WARREN STATE: PA ZIP: 16366 FORMER COMPANY: FORMER CONFORMED NAME: NEW PROCESS CO DATE OF NAME CHANGE: 19890507 8-K 1 j1595601e8vk.htm BLAIR CORPORATION 8-K Blair Corporation 8-K
 

 
 
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): September 6, 2005
BLAIR CORPORATION
(Exact name of registrant as specified in its charter)
 
         
Delaware   001-00878   25-0691670
(State or other jurisdiction of   (Commission File Number)   (IRS Employer File Number)
incorporation)        
     
220 Hickory Street, Warren, Pennsylvania   16366-0001
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code: (814) 723-3600
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:
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 Principal Officers; Election of Directors; Appointment of Principal Officers.
     On September 6, 2005 Blair Corporation (the “Company”) appointed Larry Pitorak as the Company’s interim Chief Financial Officer. Mr. Pitorak will serve as the Company’s principal financial officer and principal accounting officer. Mr. Pitorak, age 59, is a Partner working out of the Cleveland and Pittsburgh offices of Tatum CFO Partners, LLP (“Tatum Partners”), a national professional services firm that provides senior financial and information technology leadership to organizations. Prior to joining Tatum Partners in 2002, Mr. Pitorak most recently served for ten years as the Senior Vice President-Finance, Treasurer and Chief Financial Officer of The Sherwin-Williams Company, a global manufacturer, distributor and marketer of coatings and related products through company operated stores and other distribution channels selling to contractor, industrial, original equipment manufacturer and retail markets.
     The terms and conditions of Mr. Pitorak’s employment are set forth in an Interim Executive Services Agreement (the “Agreement”) between the Company, Mr. Pitorak and Tatum Partners, which provides for Mr. Pitorak to serve as the Company’s Chief Financial Officer for an initial term of six months, unless terminated earlier by the Company. After the initial term the Agreement may be extended upon mutual agreement of the parties. Pursuant to the Agreement, Mr. Pitorak will receive a salary of $26,666.67 per month and Tatum Partners will receive a fee of $6,666.66 per month from the Company, respectively. Mr. Pitorak will not participate in any of the Company’s retirement, health, medical, stock or incentive plans.
     A copy of the press release announcing the appointment of Mr. Pitorak is filed with this report as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
  (a)   Financial statements of businesses acquired.
 
           Not applicable.
 
  (b)   Pro forma financial information.
 
           Not applicable.
 
  (c)   Exhibits.
 
           Exhibit 99.1 press release dated September 6, 2005.

 


 

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.
         
Date: September 8, 2005    BLAIR CORPORATION
 
 
  By:   /s/ JOHN E. ZAWACKI    
    John E. Zawacki   
    President and Chief Executive Officer   
 
     
  By:   /s/ DANIEL R. BLAIR    
    Daniel R. Blair   
    Corporate Secretary   
 

 

EX-99.1 2 j1595601exv99w1.htm EX-99.1 EX-99.1
 

EXHIBIT 99.1
(BLAIR CORPORATION LOGO)
FOR IMMEDIATE RELEASE:
CONTACTS:
Blair Corporation
Terry Darling / Communication Manager
Theresa Ruby / VP of Cultural Change, Communications & HR
814-723-3600
BLAIR CORPORATION APPOINTS LARRY PITORAK OF TATUM PARTNERS
AS INTERIM CHIEF FINANCIAL OFFICER
WARREN, Pa., (Sept. 6, 2005) —Blair Corporation (Amex: BL), (www.blair.com), a national multi-channel direct marketer of women’s and men’s apparel and home products, today announced the appointment of Larry Pitorak, of Tatum Partners, a national professional services firm which provides senior financial leadership, as the Company’s interim Chief Financial Officer (CFO) effective September 6, 2005.
As a Tatum Partner since 2002, Mr. Pitorak has worked with retailers, manufacturers and distributors which have benefited from his over 25 years of financial management and legal experience including investor relations, international business and banking relations, tax and treasury, intellectual property, takeover protection, litigation tactics, strategy and management, as well as SEC reporting and proxy solicitation. Previously, he served as CFO, Senior Vice President-Finance, and Treasurer of The Sherwin-Williams Company, a $5 billion global manufacturer with headquarters in Cleveland, Ohio.
“Larry has been recognized for his success in continuous improvement activities, as well as a proven leader and mentor,” said John E. Zawacki, President and CEO. “I am looking forward to his partnership as we strive to further strengthen our financial position.”
The Company appointed Mr. Pitorak as interim CFO, with the recent resignation of Bryan J. Flanagan, Senior Vice President and CFO, and will be conducting a professional search, both internally and externally, for a highly-qualified CFO candidate.
ABOUT BLAIR
Headquartered in Warren, Pennsylvania, Blair Corporation sells a broad range of women’s and men’s apparel and home products through direct mail marketing and its Web sites www.blair.com and www.irvinepark.com. Blair Corporation employs over 2,000 associates (worldwide) and operates facilities and retail outlets in Northwestern Pennsylvania as well as a catalog outlet in Wilmington, Delaware. The company, which has annual sales of approximately $500 million, is publicly traded on the American Stock Exchange (Amex:BL). For additional information, please visit http://www.blair.com.
This release contains certain statements, including without limitation, statements containing the words “believe,” “plan,” “expect,” “anticipate,” “strive,” and words of similar import relating to future results of the Company (including certain projections and business trends) that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to, changes in political and economic conditions, demand for and market acceptance of new and existing products, as well as other risks and uncertainties detailed in the most recent periodic filings of the Company with the Securities and Exchange Commission.

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-----END PRIVACY-ENHANCED MESSAGE-----