-----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, GAZN17agcSzujCIU0YlR2kpbm0QraViPyKo1IuFj22nwBmPkBQ4v9u3TZHxsTii3 nJSrRXbEt/2VQ23LwbP4DA== 0000874016-09-000004.txt : 20090202 0000874016-09-000004.hdr.sgml : 20090202 20090202100306 ACCESSION NUMBER: 0000874016-09-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090202 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: 20090202 DATE AS OF CHANGE: 20090202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JONES APPAREL GROUP INC CENTRAL INDEX KEY: 0000874016 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', AND JUNIORS OUTERWEAR [2330] IRS NUMBER: 060935166 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10746 FILM NUMBER: 09560164 BUSINESS ADDRESS: STREET 1: 1411 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 2126423860 MAIL ADDRESS: STREET 1: 1411 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10018 8-K 1 feb02_2009.htm FORM 8-K 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):
February 2, 2009

 

JONES APPAREL GROUP, INC.
(Exact Name of registrant as specified in its charter)

 

Pennsylvania


(State or Other Jurisdiction of Incorporation)

1-10746


(Commission File Number)

06-0935166


(IRS Employer Identification No.)
1411 Broadway
New York, New York  10018
(Address of principal executive offices)
(212) 642-3860
(Registrant's telephone number, including area code)
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.

On February 2, 2009, the Board of Directors of Jones Apparel Group, Inc. ("Jones") increased the number of directors from eight to 10 and elected Robert L. Mettler and Margaret H. Georgiadis as new directors. Neither Mr. Mettler nor Ms. Georgiadis has been appointed to serve on any committees at this time. They will participate in Jones' standard non-management director compensation program, which is described in Jones' most recent proxy statement, filed with the Securities and Exchange Commission on April 16, 2008, under the caption, "Corporate Governance - Director Compensation and Stock Ownership Guidelines," which portion of such proxy statement is incorporated herein by reference.

Jones issued a press release on February 2, 2009 announcing the election of Mr. Mettler and Ms. Georgiadis, which is attached hereto as Exhibit 99.1 and furnished herewith.

Item 9.01 Financial Statements and Exhibits.

Exhibit No. Description
99.1 Press Release of the Registrant dated February 2, 2009

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.

 

JONES APPAREL GROUP, INC.
(Registrant)

By: /s/ Ira M. Dansky 
     Ira M. Dansky
     Executive Vice President, General
     Counsel and Secretary

 Date: February 2, 2009

 3


Exhibit Index

Exhibit No. Description
99.1 Press Release of the Registrant dated February 2, 2009

4

EX-99 2 exhibit99_1.htm EXHIBIT 99.1 EXHIBIT 99

EXHIBIT 99.1

 

FOR IMMEDIATE RELEASE
Jones Apparel Group, Inc.

Investor Contact:
John T. McClain, Chief Financial Officer
Jones Apparel Group
(212) 642-3860

Media Contacts:
Joele Frank and Sharon Stern
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449

Robert L. Mettler and Margaret H. Georgiadis Elected
To the Jones Apparel Group, Inc. Board of Directors


New York, New York - February 2, 2009 - Jones Apparel Group, Inc. (NYSE:JNY) today announced that Robert L. Mettler and Margaret H. Georgiadis have been elected to the Jones Apparel Group, Inc. Board of Directors.

Mr. Mettler retired from Macy's, Inc. at the end of last month, where he had been serving the past year as President for Special Projects, reporting to Macy's chief executive officer. Prior to taking on that assignment, he was President and Chief Operating Officer and then Chairman and Chief Executive Officer of Macy's West from 2000 to 2008. His tenure at Macy's West was marked by the elevation of that business to be among the most fashionable and successful of the better department store groups in the United States. Prior to joining Macy's, Mr. Mettler served in several very senior capacities with Sears, Roebuck & Co., and the former May Company and Allied Stores Corporation.

Mr. Mettler serves as a Trustee of the University of Virginia, and is on the Board of the National Jewish Medical and Research Center in Denver, the Retail Advisory Board at the University of Santa Clara and the Board of Governors of the San Francisco Symphony.

Ms. Georgiadis was most recently Executive Vice President of Card Products and Chief Marketing Officer, and a member of the Executive Committee of Discover Financial Services. She was responsible for all card products and services in the United States, and played a key role in driving the overall strategy of Discover, with responsibility for the Discover brand. Prior to joining Discover in 2004, she was a Partner at McKinsey & Company in the London and Chicago offices, where she was a co-leader of the Marketing and Retail practices, and co-founded and led the Customer Acquisition and Management and Retail Marketing practices.

Ms. Georgiadis recently became a Principal of Synetro Capital, LLC, a private investment firm based in Chicago, focused on building new businesses and helping fund and revitalize the growth of mature businesses. She also serves on the Board of Directors of North Shore University Health Systems, a leading academic health care system in Northern Illinois, the Music Institute of Chicago, The Chicago Network, and the Chief Marketing Officer Council.


J. Robert Kerrey, Presiding Director, and Sidney Kimmel, Chairman of the Board, commented: "On behalf of the Jones Apparel Group Board of Directors and the entire management team, we want to welcome Bob Mettler and Margo Georgiadis. Each brings a wealth of experience, both from within our industry and beyond, that is very complimentary to the backgrounds of our existing Board members."

Including Mr. Mettler and Ms. Georgiadis, seven of the ten directors are deemed to be independent directors under the Company's Director Independence Standards, which appear on the Company's website, www.jonesapparel.com (under the "Our Company - Corporate Governance" caption).

Jones Apparel Group, Inc. (www.jonesapparel.com) is a leading designer, marketer and wholesaler of branded apparel, footwear and accessories. The Company also markets directly to consumers through its chain of specialty retail and value-based stores. The Company's nationally recognized brands include Jones New York, Nine West, Anne Klein, Gloria Vanderbilt, Kasper, Bandolino, Easy Spirit, Evan-Picone, l.e.i., Energie, Enzo Angiolini, Joan & David, Mootsies Tootsies, Sam & Libby, Napier, Judith Jack, Albert Nipon and Le Suit. The Company also markets costume jewelry under the Givenchy brand licensed from Givenchy Corporation, footwear under the Dockers Women brand licensed from Levi Strauss & Co., and apparel under the Rachel Roy brand licensed from Rachel Roy IP Company, LLC. Each brand is differentiated by its own distinctive styling, pricing strategy, distribution channel and target consumer. The Company contracts for the manufacture of its products through a worldwide network of quality manufacturers. The Company has capitalized on its nationally known brand names by entering into various licenses for several of its trademarks, including Jones New York, Anne Klein New York, Nine West, Gloria Vanderbilt, l.e.i. and Evan-Picone, with select manufacturers of women's and men's products which the Company does not manufacture. For more than 30 years, the Company has built a reputation for excellence in product quality and value, and in operational execution.

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