-----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, KhiMutNOY1j8wwrRFE9IQx21iP0UtXSD8iIuaO55//l5BZwb201y8X1QUu2mllSg 46iX/R9AnBpKdrQuBvnJCA== 0000899715-11-000021.txt : 20110303 0000899715-11-000021.hdr.sgml : 20110303 20110303085213 ACCESSION NUMBER: 0000899715-11-000021 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110228 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: 20110303 DATE AS OF CHANGE: 20110303 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: 11658500 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 skt8knewdirectordonalddrap.htm WebFilings | EDGAR view
 

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):  March 3, 2011
 
 
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 For mer 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 Donald G. Drapkin as Director
On March 3, 2011, 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 Donald G. Drapkin as a director of the Company, effective March 3, 2 011. Mr. Drapkin'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 United States Securities and Exchange Commission on March 31, 2010, under the caption "Compensation of Directors."
Mr. Drapkin will serve as a director until the next annual meeting of shareholders or until his successor is elected and qualified. Mr. Drapkin 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 Donald G. Drapkin'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:  March 3, 2011
 
 
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 Donald G. Drapkin's appointment to the Board of Directors of Tanger Factory
Outlet Centers, Inc.

 
EX-99.1 2 sktexhibit991donalddrapkin.htm DONALD DRAPKIN PRESS RELEASE WebFilings | EDGAR view
 

EXHIBIT 99.1
 
TANGER FACTORY OUTLET CENTERS, INC.
 
TANGER ANNOUNCES EXPANSION OF ITS BOARD OF DIRECTORS AND APPOINTMENT OF DONALD G. DRAPKIN AS DIRECTOR
 
Greensboro, NC, March 3, 2011, 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 Donald G. Drapkin as a member of Tanger's Board of Directors.
 
Mr. Drapkin is the Founder and Chairman of Casablanca Capital LLC and has been a principal of the Casablanca Special Opportunities Fund I, LLC and a member of the management committee since 2010. From 2007 until 2010, he was Vice Chairman of Lazard International, a global advisory invest ment bank, and Chairman of Lazard's Investment Committee. Mr. Drapkin was Vice Chairman of MacAndrews & Forbes Holdings Inc., a holding company with interests in a diversified portfolio of high growth public and private companies with strong market positions, and a number of its affiliates from 1987 to 2007. Previously a partner in the law firm of Skadden, Arps, Slate, Meagher & Flom LLP, one of the most preeminent, successful and highest grossing law firms in the world, Mr. Drapkin is also a member of the American Bar Association and the New York City Bar Association.
 
“We are pleased to welcome Mr. Drapkin to our Board of Directors. His demonstrated knowledge of highly sophisticated securities transactions, garnered over his over 30 plus years of collective executive, management and legal knowledge, will benefit Tanger's Board greatly,” 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. Drapkin's expertise in steering, building and growing high value branded entities, will add great value and perspective to our board as we continue to pursue growth opportunities for Tanger Outlet Centers.”
 
Currently residing in Englewood, New Jersey, Mr. Drapkin serves on the Board of Directors of Brandeis University, Lincoln Center Theater, The Federal Law Enforcement Foundation, Inc. and he is a member of the Dean's Council of Columbia Law School.
 
Mr. Drapkin holds a B.A. from Brandeis University (1968) and an LL.B. from the Columbia University School of Law (1971).    

 

 

 
About Tanger Factory Outlet Centers
 
Tanger Factory Outlet Centers, Inc., (NYSE:SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 33 upscale outlet shopping centers in 22 states coast to coast, totaling approximately 10.1 million square feet leased to over 2,100 stores operated by 350 different brand name companies. More than 160 million shoppers visit Tanger Outlet Centers annually. For more information on Tanger Outlet Centers, call 1-800-4 TANGER or visit the company's web site at www.tangeroutlet.com.
 
Contact:    Frank C. Marchisello, Jr.
Executive Vice President, Chief Financial Officer and Secretary
(336) 834-6834
 
Mona J. Walsh
Vice President of Corporate Communications
(336) 856-6021
 

 
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