-----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, PtyAdZuBEsRjrClx8RhWP3hOPDSOyroMvIDH8wDD76l1mGXaWdYNWWRE++iZxBZ1 rG/1TB7YE74NQhgDloVnWg== 0000096294-99-000038.txt : 19991118 0000096294-99-000038.hdr.sgml : 19991118 ACCESSION NUMBER: 0000096294-99-000038 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991117 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TANDYCRAFTS INC CENTRAL INDEX KEY: 0000096294 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS SHOPPING GOODS STORES [5940] IRS NUMBER: 751475224 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-07258 FILM NUMBER: 99759474 BUSINESS ADDRESS: STREET 1: 1400 EVERMAN PKWY CITY: FORT WORTH STATE: TX ZIP: 76140 BUSINESS PHONE: 8175519600 MAIL ADDRESS: STREET 1: 1400 EVERMAN PKWY CITY: FORT WORTH STATE: TX ZIP: 76140 8-K 1 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: November 17, 1999 Date of Earliest Event Reported: November 16, 1999 TANDYCRAFTS, INC. A DELAWARE CORPORATION 1-7258 75-1475224 ------ ---------- (Commission File Number) (IRS Employer Identification No.) 1400 Everman Parkway Fort Worth, Texas 76140 (817) 551-9600 ITEM 5. OTHER EVENTS ------------ (a) On November 16, 1999, Registrant issued a press release announcing that R. Earl Cox III has retired from his post as Chairman of the Board but will continue to serve on Tandycrafts Board of Directors. Tandycrafts reported that the Board of Directors elevated James D. Allen to President and Chief Operating Officer. Tandycrafts also announced that Phillip Greene has been named Vice President of Information Systems and Technology. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS --------------------------------- (c) Exhibits. -------- Exhibit Number Description --------------------------------------------------- 99 Registrant issued a press release announcing that R. Earl Cox III has retired from his post as Chairman of the Board but will continue to serve on Tandycrafts Board of Directors. Tandycrafts reported that the Board of Directors elevated James D. Allen to President and Chief Operating Officer. Tandycrafts also announced that Phillip Greene has been named Vice President of Information Systems and Technology. 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 of the undersigned thereunto duly authorized. TANDYCRAFTS, INC. Date: November 17, 1999 By:/s/ Michael J. Walsh -------------------------- Michael J. Walsh, President and Chief Executive Officer Date: November 17, 1999 By:/s/ James D. Allen -------------------------- James D. Allen, Executive Vice President and Chief Financial Officer EX-99 2 CONTACT: Mike Walsh, Chairman and CEO Tandycrafts, Inc. (817) 551-9600 FOR IMMEDIATE RELEASE or Jeff Lambert (mail@lambert-edwards.com) Lambert, Edwards & Associates, Inc. (616)233-0500 TANDYCRAFTS ANNOUNCES BOARD, MANAGEMENT CHANGES FORT WORTH, Texas - November 16, 1999 - Tandycrafts, Inc. (NYSE:TAC) today announced that R. Earl Cox III, 66, has retired from his post as Chairman of the Board. Cox, who served as Chairman since 1992, will continue to serve on the five-person board. In his place, Tandycrafts named Michael J. Walsh as interim Chairman of the Board. Walsh, who joined the board of directors in 1992, retains his position as Chief Executive Officer. "We are extremely grateful for the contributions made by Earl Cox, and we expect him to continue to play an important role on the board as we set Tandycrafts' strategic direction moving forward," said Michael J. Walsh. Tandycrafts also reported that the board of directors elevated James D. Allen to President and Chief Operating Officer of the consumer products maker and marketer. Allen, 39, was previously Executive Vice President and Chief Operating Officer of Tandycrafts. He has been with the Company since 1993, serving in a variety of finance and operations positions, including Chief Financial Officer. "Jim brings exceptional leadership skills to the Tandycrafts executive management team," said Walsh. "He has been instrumental in the transition of Tandycrafts toward our more profitable consumer products businesses, and his appointment as President ensures this momentum will continue." Tandycrafts also announced that Phillip Greene has been named Vice President of Information Systems and Technology. Greene, 30, will oversee all of Tandycrafts' technology, information systems and Internet initiatives. Greene has over four years experience with the Company, most recently as director of information systems. He previously was vice president and director of information systems at a large retail chain and a member of the technology staff at Price Waterhouse, LLP. Walsh concluded, "The appointment of Phillip Greene is another move in our effort to strengthen our management team depth and put the right people in key leadership positions to take Tandycrafts to the next level." Tandycrafts, Inc (www.tandycrafts.com) is a leading maker and marketer of consumer products, including frames and wall decor, office supplies, home furnishings and gift products. The Company's products are sold nationwide through wholesale distribution channels, including mass merchandisers and specialty retailers, and direct-to-consumer channels through the Company's retail stores, mail order and the Internet. # # # -----END PRIVACY-ENHANCED MESSAGE-----