0000899715-14-000117.txt : 20140729 0000899715-14-000117.hdr.sgml : 20140729 20140729091058 ACCESSION NUMBER: 0000899715-14-000117 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140729 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: 20140729 DATE AS OF CHANGE: 20140729 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: 14998308 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 skt8-kjeffcitrin.htm 8-K SKT 8-K Jeff Citrin


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 28, 2014


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 Jeffrey B. Citrin as Director
On July 28, 2014, the Board of Directors of Tanger Factory Outlet Centers, Inc. (the "Company"), upon recommendation of the Board's Nominating and Corporate Governance Committee, appointed Jeffrey B. Citrin as a director of the Company, effective July 28, 2014. Mr. Citrin's compensation for his services as a non-employee director will be consistent with the Company's compensation practices for non-employee directors described in the Company's Definitive Proxy Statement on Schedule 14A filed with the United States Securities and Exchange Commission on April 4, 2014, under the caption "Compensation of Directors."
Mr. Citrin will serve as a director until the next annual meeting of shareholders or until his successor is elected and qualified. Mr. Citrin 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 Jeffrey B. Citrin'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 29, 2014


TANGER FACTORY OUTLET CENTERS, INC.

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





EXHIBIT INDEX

Exhibit No.

Exhibit 99.1    Press release announcing Jeffrey B. Citrin's appointment to the Board of Directors of Tanger Factory
Outlet Centers, Inc.




EX-99.1 2 ex991jeffreybcitronpressre.htm EXHIBIT Ex 99.1 Jeffrey B. Citron Press Release


Exhibit 99.1

Tanger Announces Appointment of Jeffrey B. Citrin as Director

Greensboro, NC, July 29, 2014 -- Tanger Factory Outlet Centers, Inc. (NYSE:SKT) announced today that its Board of Directors has elected Jeffrey B. Citrin as a member of Tanger’s Board of Directors. Mr. Citrin contributes over 30 years of real estate investment and capital management experience to Tanger’s Board.
Mr. Citrin is the Founder of Square Mile Capital Management LLC, a private New York-based investment firm focusing on real estate related opportunities, where he has been the Co-Managing Principal since 2006. Prior to Square Mile Capital, Mr. Citrin co-founded Blackacre Capital Management LLC (now known as Cerberus Institutional Real Estate) in 1994, where he served as President until 2005.
From 1993 to 1994, Mr. Citrin served as Managing Director of the Commercial Mortgage Investment Unit of Oppenheimer & Company, Inc. From 1991 to 1993, he was Vice President of the Distressed Real Estate Principal Group of Credit Suisse First Boston, Inc. Mr. Citrin began his real estate investment career at Chemical Bank in 1986, where he served as Vice President of the Real Estate Investment Banking Unit until 1991. Previously, he spent three years as an attorney in the real estate practices of Kelley Drye & Warren LLP and Proskauer Rose LLP.
“Tanger’s Board will benefit from Mr. Citrin’s expertise with complex real estate and financial transactions. We welcome him to the Board of Directors,” said William G. Benton, Non-Executive Chairman of the Board.
“As we continue to pursue growth opportunities, Mr. Citrin’s knowledge of the private real estate market will bring valuable perspective to our Board,” added Steven B. Tanger, President and Chief Executive Officer.
Currently residing in Greenwich, Connecticut, Mr. Citrin serves on the advisory board of the Hospital for Special Surgery in New York and the Hood Museum Board of Overseers. Mr. Citrin has prior public REIT board experience as an Independent Trustee of First Union Real Estate and Mortgage, currently known as Winthrop Realty Trust, from 2001 to 2003.
Mr. Citrin graduated cum laude from Dartmouth College with an A.B. in Government and holds a J.D. from Columbia University Law School.
About Tanger Factory Outlet Centers
Tanger Factory Outlet Centers, Inc. is a publicly-traded REIT headquartered in Greensboro, North Carolina that operates and owns, or has an ownership interest in, a portfolio of 44 upscale outlet shopping centers in 26 states coast to coast and in Canada, totaling approximately 13.3 million square feet leased to over 2,800 stores operated by more than 450 different brand name companies. More than 185 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.
CONTACT:
Frank C. Marchisello
Executive Vice President and CFO                                   
(336) 834-6834