Wednesday, August 21, 2002 12:11:40 PM
Management changes
FORT WORTH, Texas, Aug 20, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Bombay Company, Inc. (BBA, Trade) today announced the resignation of Carmie Mehrlander as Chairman, President, Chief Executive Officer and Director.
The Board has taken this opportunity to refocus the management of the Company. Searches have been commenced for both an independent non-executive Chairman and a new Chief Executive Officer. An interim Executive Committee has been formed under the chairmanship of Brian N. Priddy, Executive Vice President -- Operations to direct the Company's business until these appointments have been made. The focus of the interim Executive Committee will be to improve the core business while continuing the successful development and growth of the new business initiatives.
In order to provide full support from the Board, the interim Executive Committee will report to the Board's Nominations and Governance Committee, chaired by Nigel Travis, which will also oversee the searches for the new Chairman and the new Chief Executive Officer.
The Company has previously announced its regular quarterly earnings conference call scheduled for August 22, 2002 at 10:00 a.m. Central Time. The three Directors of the Governance and Nominations Committee will participate in the call to answer any questions relating to this announcement.
The Bombay Company, Inc. designs, sources and markets a unique line of home accessories, wall decor and furniture through 422 retail outlets, specialty catalogs and the Internet in the U.S. and internationally.
Any statements in this press release that may be considered forward- looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Actual results may differ from forward- looking statements due to the risk factors discussed in the periodic reports filed by the Company with the Securities and Exchange Commission, which the Company urges investors to consider.
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X87533278
SOURCE The Bombay Company, Inc.
CONTACT: Elaine D. Crowley, Sr. Vice President, CFO and Treasurer of The
Bombay Company, Inc., +1-817-347-8200
URL: http://www.bombaycompany.com
http://www.prnewswire.com
http://clearstation.etrade.com/cgi-bin/bbs?post_id=3549432
Sara
Sprint PCS... NOT free and NOT clear!
FORT WORTH, Texas, Aug 20, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Bombay Company, Inc. (BBA, Trade) today announced the resignation of Carmie Mehrlander as Chairman, President, Chief Executive Officer and Director.
The Board has taken this opportunity to refocus the management of the Company. Searches have been commenced for both an independent non-executive Chairman and a new Chief Executive Officer. An interim Executive Committee has been formed under the chairmanship of Brian N. Priddy, Executive Vice President -- Operations to direct the Company's business until these appointments have been made. The focus of the interim Executive Committee will be to improve the core business while continuing the successful development and growth of the new business initiatives.
In order to provide full support from the Board, the interim Executive Committee will report to the Board's Nominations and Governance Committee, chaired by Nigel Travis, which will also oversee the searches for the new Chairman and the new Chief Executive Officer.
The Company has previously announced its regular quarterly earnings conference call scheduled for August 22, 2002 at 10:00 a.m. Central Time. The three Directors of the Governance and Nominations Committee will participate in the call to answer any questions relating to this announcement.
The Bombay Company, Inc. designs, sources and markets a unique line of home accessories, wall decor and furniture through 422 retail outlets, specialty catalogs and the Internet in the U.S. and internationally.
Any statements in this press release that may be considered forward- looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Actual results may differ from forward- looking statements due to the risk factors discussed in the periodic reports filed by the Company with the Securities and Exchange Commission, which the Company urges investors to consider.
MAKE YOUR OPINION COUNT - Click Here
http://tbutton.prnewswire.com/prn/11690X87533278
SOURCE The Bombay Company, Inc.
CONTACT: Elaine D. Crowley, Sr. Vice President, CFO and Treasurer of The
Bombay Company, Inc., +1-817-347-8200
URL: http://www.bombaycompany.com
http://www.prnewswire.com
http://clearstation.etrade.com/cgi-bin/bbs?post_id=3549432
Sara
Sprint PCS... NOT free and NOT clear!
Sara
"I never give them hell. I just tell the truth and they think it's hell." - Harry Truman
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
