-----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, L3FOtAXeR/3WjSgSWKdlXHx2rs3MORCZu93M3sio9Lt9BgOmtqfyQhFJPw7pA1X7 5VHTC1J4KMM5JazCNyaRwA== 0000899715-10-000028.txt : 20100727 0000899715-10-000028.hdr.sgml : 20100727 20100727095925 ACCESSION NUMBER: 0000899715-10-000028 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100727 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100727 DATE AS OF CHANGE: 20100727 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: 10970590 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 tfoc8k07272010.htm TFOC 8-K tfoc8k07272010.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):  July 26, 2010


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))






 
 
 
 

 
 


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

 
Appointment of Thomas J. Reddin as Director
 
On July 26, 2010, the Board of Directors of Tanger Factory Outlet Centers, Inc. (the "Company"), upon recommendation of the Board’s Nominating and Corporate Governance Committee, increased the size of the Board of Directors from  seven to eight directors and appointed Thomas J. Reddin as a director of the Company, effective July 26, 2010. Mr. Reddin's compensation for his services as an independent director will be consistent with the Company's compensation practices for independent directors described in the Company's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 31, 2010, under the caption "Compensation of Directors." The annual compensation fee paid to Mr. Reddin will be prorated during 2010 based on the effective date of his appointment to the Board.
 
Mr. Reddin will serve as a director until the next annual meeting of shareholders or until his successor is elected and qualified. Mr. Reddin has not been named to serve on any of the Board's committees at this time.
 
Item 7.01
Regulation FD
 
A copy of the press release announcing the above appointment is furnished as exhibit 99.1 to this Current Report on Form 8-K.

 
Item 9.01
Financial Statements and Exhibits

(d)
Exhibits

The following exhibits are included with this Report:

Exhibit 99.1
Press release announcing Thomas J. Reddin's appointment to the Board of Directors 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:  July 27, 2010


TANGER FACTORY OUTLET CENTERS, INC.

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




 
 
 
 

 
 



EXHIBIT INDEX

 
 
Exhibit No.
 
Exhibit 99.1
Press release announcing Thomas J. Reddin's appointment to the Board of Directors of Tanger Factory Outlet Centers Inc.
 
EX-99.1 2 tfoc8k07272010ex99-1.htm EXHIBIT 99.1 tfoc8k07272010ex99-1.htm


 
Tanger Factory Outlet Centers, Inc.
 

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

TANGER ANNOUNCES EXPANSION OF ITS BOARD OF DIRECTORS
AND APPOINTMENT OF
 THOMAS J. REDDIN AS DIRECTOR

GREENSBORO, NC, July 27, 2010, Tanger Factory Outlet Centers, Inc. (NYSE:SKT), announced today that its Board of Directors has approved an expansion of its board from seven to eight members and has elected Thomas J. Reddin as a member of Tanger’s Board of Directors.

Mr. Reddin brings close to 30 years of collective executive and management experience in consumer marketing and e-commerce to Tanger’s Board.

Mr. Reddin is the former CEO of LendingTree.com and current owner of Red Dog Ventures, a venture capital and management consulting firm focused on helping early stage companies in the digital arena achieve the next level of growth.

Mr. Reddin has held senior leadership positions at several organizations. Prior to joining LendingTree.com, the nation’s leading online lending exchange, he spent 17 years in the consumer packaged goods (CPG) industry including 12 years at Kraft Foods in various finance and brand management capacities, and five years at Coca-Cola USA where he ran the Coca-Cola brand as Vice President of Consumer Marketing, along with other responsibilities.  In 1999, Mr. Reddin became LendingTree’s Chief Marketing Officer and launched the successful “When Banks Compete, You Win” advertising campaign. He then became President and Chief Operating Officer in 2001 and was named CEO in 2005.  In 2008 and 2009, Mr. Reddin served as the CEO of Richard Petty Motorsports (previously Gillett Evernham Motorsports), a top Nascar team that fielded four cars in the Sprint Cup Series. The team achieved three wins in 2008 and expanded from three to four teams in 2009.

“We are pleased to add to our Board of Directors someone with Mr. Reddin’s outstanding credentials and impressive track record in developing and marketing brand named consumer products,” said Jack Africk, Interim Non-Executive Chairman of the Board.

Steven B. Tanger, President and Chief Executive Officer of Tanger Factory Outlet Centers, Inc., added, “Mr. Reddin’s insights into brand awareness and demonstrated experience growing and building businesses will add great value and perspective to our board.”

-More-

 
 

 
Currently residing in Charlotte, NC, Mr. Reddin also serves as a Director of Valassis Communications Inc. (NYSE: VCI) and is a member of the board of trustees of Queens University of Charlotte.

Mr. Reddin is a graduate of the University of North Carolina at Chapel Hill with a B.S. in Business (1982) and holds an M.B.A., with distinction, from New York University (1987).

 
About Tanger Factory Outlet Centers
 

Tanger Factory Outlet Centers, Inc.(NYSE:SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina.  As of June 30, 2010 Tanger operated and owned, or had an ownership interest in, a portfolio of 33 upscale outlet shopping centers in 22 states coast to coast, totaling approximately 10 million square feet leased to over 2,000 stores operated by 360 different brand name companies.  More than 150 million shoppers visit Tanger Factory Outlet Centers annually.  For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the company’s web site at www.tangeroutlet.com.


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