0001181431-12-048471.txt : 20120905 0001181431-12-048471.hdr.sgml : 20120905 20120904173206 ACCESSION NUMBER: 0001181431-12-048471 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120904 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: 20120905 DATE AS OF CHANGE: 20120904 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEP BOYS MANNY MOE & JACK CENTRAL INDEX KEY: 0000077449 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531] IRS NUMBER: 230962915 STATE OF INCORPORATION: PA FISCAL YEAR END: 0202 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03381 FILM NUMBER: 121071833 BUSINESS ADDRESS: STREET 1: 3111 W ALLEGHENY AVE CITY: PHILADELPHIA STATE: PA ZIP: 19132 BUSINESS PHONE: 2152299000 8-K 1 rrd354489.htm Prepared By R.R. Donnelley Financial -- Form 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):  09/04/2012
 
THE PEP BOYS - MANNY MOE & JACK
(Exact name of registrant as specified in its charter)
 
Commission File Number:  001-03381
 
PA
  
23-0962915
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
3111 West Allegheny Avenue, Philadelphia, PA 19132
(Address of principal executive offices, including zip code)
 
215-430-9000
(Registrant’s 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 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
(c) On September 4, 2012, the Company announced the appointment of David Stern, 45, as its new Executive Vice President - Chief Financial Officer (principal financial officer), effective September 10, 2012.

Since 2009, Mr. Stern served as the Executive Vice President, Chief Administrative Officer and Cheif Financial Officer of A.C. Moore Arts and Crafts. From 2007 until 2009, Mr. Stern held roles at Coldwater Creek, including Vice President, Financial Planning and Analysis and Corporate Controller. From 2000 to 2007, Mr. Stern was the Chief Financial Officer of Petro Services. Mr. Stern began his career as an internal auditor and gained experience as a financial analyst, accounting manager and corporate controller at several other companies, including Delhaize America, before joining Petro Services.      

Mr. Stern will (i) be paid a base salary of $400,000, (ii) be eligible to earn a target annual bonus, pursuant to the terms of the Company's Annual Incentive Bonus Plan, equal to 75% of his base salary upon the achievement of certain predetermined corporate objectives (a prorated portion of such bonus is guaranteed for fiscal 2012) and (iii) participate in the Company's other incentive and welfare and benefit plans made available to executives. As an inducement to join the Company, Mr. Stern will receive restricted stock units valued at $200,000.

        As an executive officer of the Company, Mr. Stern will enter into the Company's form of Change of Control and Non Competition Agreements.   

        A copy of the Company's press release announcing Mr. Stern's appointment is attached to this Current Report as Exhibit 99.1.

(b) William E. Shull III, Executive Vice President - Stores, will cease his employment with the Company effective September 3, 2012.

 
 
Item 9.01.    Financial Statements and Exhibits
 
99.1 Press Release dated September 4, 2012.
 

 

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 PEP BOYS - MANNY MOE & JACK
 
 
Date: September 04, 2012
     
By:
 
/s/    Brian D. Zuckerman
               
Brian D. Zuckerman
               
SVP - General Counsel & Secretary
 
 

 

EXHIBIT INDEX
 
Exhibit No.
  
Description
EX-99.1
  
Press Release dated September 4, 2012.
EX-99 2 rrd354489_38379.htm PRESS RELEASE DATED SEPTEMBER 4, 2012. Pep Boys Reports [%] Comp Sales Increase

 

FOR IMMEDIATE RELEASE

Pep Boys Appoints David Stern

Executive Vice President - Chief Financial Officer

PHILADELPHIA, PA - September 4, 2012 - The Pep Boys - Manny, Moe & Jack (NYSE: "PBY"), the nation's leading automotive aftermarket service and retail chain, announced the appointment of David Stern as Executive Vice President - Chief Financial Officer. In this position, Mr. Stern will oversee the finance function, as well as technology and corporate development. Mr. Stern is expected to start with Pep Boys on September 10, 2012.

Mr. Stern most recently served as the Executive Vice President, Chief Administrative Officer and Chief Financial Officer for A.C. Moore Arts and Crafts. From 2007 until joining A.C. Moore in 2009, Mr. Stern held roles at Coldwater Creek, the multi-channel specialty retailer, including Vice President, Financial Planning and Analysis and Corporate Controller. From 2000 to 2007, Mr. Stern was the Chief Financial Officer of Petro Services, a convenience store retailer. Mr. Stern began his career as an internal auditor and gained experience as a financial analyst, accounting manager and corporate controller at several other companies, including Delhaize America, before joining Petro Services.

Mike Odell, President & Chief Executive Officer, said, "I am excited to add David to the executive leadership team at Pep Boys. We were attracted to his hands-on and collaborative approach. David has broad experience supporting the operations of several successful retailers in the areas of financial planning and analysis, technology enhancement and corporate growth."

About Pep Boys

Since 1921, Pep Boys has been the nation's leading automotive aftermarket chain. With more than 7,000 service bays in more than 700 locations in 35 states and Puerto Rico, Pep Boys offers name-brand tires; automotive maintenance and repair; parts and expert advice for the Do-It-Yourselfer; commercial auto parts delivery; and fleet maintenance and repair. Customers can find the nearest location by calling 1-800-PEP-BOYS (1-800-737-2697) or by visiting www.pepboys.com.

 

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Investor Contact: Media Contact:

Mike Melia Regina M. Tracy

(215) 430-9459 (215) 430-9081

Email: investorrelations@pepboys.com Email: mediarelations@pepboys.com