-----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, Pbd2iHvMhOeavRhlk/Q6cybcb2miF7taQlqsH1r4XofDkzlR52MNK3sXGzVFYC9o JCDy/5cwv5jqwxVbwrJKCg== 0000899715-09-000172.txt : 20090827 0000899715-09-000172.hdr.sgml : 20090827 20090827125538 ACCESSION NUMBER: 0000899715-09-000172 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090827 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: 20090827 DATE AS OF CHANGE: 20090827 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TANGER FACTORY OUTLET CENTERS INC CENTRAL INDEX KEY: 0000899715 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 561815473 STATE OF INCORPORATION: NC FISCAL YEAR END: 0101 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11986 FILM NUMBER: 091038683 BUSINESS ADDRESS: STREET 1: 3200 NORTHLINE AVENUE SUITE 360 CITY: GREENSBORO STATE: NC ZIP: 27408 BUSINESS PHONE: 3362923010 MAIL ADDRESS: STREET 1: 3200 NORTHLINE AVENUE SUITE 360 CITY: GREENSBORO STATE: NC ZIP: 27408 8-K 1 tfoc8k08272009.htm TFOC 8-K tfoc8k08272009.htm



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 earliest event reported):  August 27, 2009


Tanger Factory Outlet Centers, Inc.
 (Exact Name of Registrant as Specified in Charter)

North Carolina
 (State or Other Jurisdiction of Incorporation)
1-11986
 (Commission File Number)
56-1815473
 (IRS Employer Identification No.)


 
3200 Northline Avenue, Suite 360  Greensboro, NC 27408
(Address of Principal Executive Offices, including Zip Code)
 
Registrant's telephone number, including area code: (336) 292-3010
 
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
   
[ ]
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))






 
 
 
1

 
 


Section 5 – Corporate Governance and Management

Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On August 7, 2009, Tanger Factory Outlet Centers, Inc. (the “Company”) filed a Current Report on Form 8-K disclosing that Stanley K. Tanger notified the Company that, effective September 1, 2009, he would retire as an employee of the Company and resign as Chairman of the Board.  Mr. Tanger will continue to serve as a member of the Board of Directors (the “Board”).
 
On August 27, 2009, the Company issued a press release announcing that the Company’s Board appointed Jack Africk as Interim Non-Executive Chairman of the Board effective September 1, 2009.  Mr. Africk currently serves as the Lead Independent Director of the Board and has been a member of the Company’s Board since 1993.   A copy of the press release announcing Mr. Africk’s appointment as Chairman of the Board is hereby attached to this current report as Exhibit 99.1.
 
Section 9 - Financial Statements and Exhibits

Item 9.01
Financial Statements and Exhibits

(c)
Exhibits

The following exhibits are included with this Report:

Exhibit 99.1
Press release announcing Jack Africk as Interim Non-Executive Chairman of the Board of Tanger Factory Outlet Centers, Inc.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated:  August 27, 2009


TANGER FACTORY OUTLET CENTERS, INC.

By:  /s/ Frank C. Marchisello Jr.                 
            Frank C. Marchisello, Jr.
 Executive Vice President, Chief Financial Officer and Secretary




 
 
 
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EXHIBIT INDEX

 
 
Exhibit No.
 
Exhibit 99.1
Press release announcing Jack Africk as Interim Non-Executive Chairman of the Board of Tanger Factory Outlet Centers, Inc.

 
 
 
 
 
 
 
 
 
 
 
 
 

 

3
EX-99.1 2 tfoc8k08272009ex99-1.htm EXHIBIT 99.1 tfoc8k08272009ex99-1.htm

Tanger Factory Outlet Centers, Inc.

News Release

For Release: IMMEDIATE RELEASE   
Contact:       Frank C. Marchisello, Jr.  
                         (336) 834-6834

Tanger Outlets Names Jack Africk as
Interim Non-Executive Chairman of the Board


Greensboro, NC, August 27, 2009.  Tanger Factory Outlet Centers, Inc. (NYSE:SKT) today announced that Jack Africk, the Company’s Lead Independent Director, will become Interim Non-Executive Chairman of the Board.  The Company’s Board of Directors has appointed Mr. Africk to this role following the notification by Stanley K. Tanger of his retirement as an employee of the Company and resignation as Chairman of the Board, effective September 1, 2009.  Mr. Tanger will continue to serve as a member of the Company’s Board of Directors.

A member of the Company’s Board of Directors since the Company went public in 1993; Mr. Africk has served as the Chairman of the Company’s Audit Committee from 1993 to 2006, as well as Chairman of the Company’s Compensation Committee and Lead Director from 1993 to the present.

“As an industry pioneer and founder of the Company, Stanley Tanger has over 27 years of service at Tanger Outlets, including the past 15 years as a NYSE company. His in-depth knowledge of Tanger and the outlet industry, along with his bold, charismatic leadership style, allowed him to lead the Company to outstanding and consistent returns throughout his tenure.” stated  Jack Africk, “The Board of Directors and I as Interim Non-Executive Chairman plan to continue to build on Mr. Tanger’s successful and committed leadership as it moves forward.  The Board will continue to provide guidance to the Company’s management team and employees so that the Company can achieve its goals and best serve the interests of its shareholders.”

Mr. Africk is a veteran with more than 45 years of business experience.  Prior to his retirement from U.S.T. Inc., Mr. Africk served as vice chairman of UST (Parent Company) and president and chief executive officer of UST’s Wine and other subsidiaries.  He joined UST in 1979 as president of a new international division and drawing on previous experience, he spearheaded the company’s marketing efforts abroad.  In 1981, he was elected senior vice president of the company, and in 1984 executive vice president.  Mr. Africk was later named president and chief executive officer in 1987.

Prior to joining UST, Mr. Africk held executive positions with other companies including, president of RJ Reynolds-Puerto Rico and senior vice president of RJR-MacDonald, Inc., RJ Reynolds-subsidiary in Canada, executive vice president at Ligget & Myers and president and chief operating officer of North Atlantic Trading Company.  In June 1993, Mr. Africk formed the Evolution Consulting Group, Inc., a premier organization serving financial, organizational and marketing needs for many companies.  Mr. Africk currently serves as a director for Albertus Magnus College, North Atlantic Trading Company, Florida’s Police Foundation, Bruce Edwards & Associates, Evolution Partners, and Tanger Factory Outlet Centers, Inc.

Tanger Factory Outlet Centers, Inc.(NYSE:SKT), a fully integrated, self-administered and self-managed publicly traded REIT, presently owns and operates 31 outlet centers in 21 states coast to coast, totaling approximately 9.2 million square feet of gross leasable area.  Tanger also operates two outlet centers containing approximately 950,000 square feet.  For more information on Tanger Outlet Centers, visit the company’s web site at www.tangeroutlet.com.
 

3200 Northline Avenue, Suite 360 · Greensboro, NC  27408 · 336-292-3010 · FAX 336-297-0931

 
 
 

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