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8-K - CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES - TAILORED BRANDS INC | a13-6849_18k.htm |
Exhibit 99.1
News Release | |
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Contacts: | |
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For Immediate Release |
Ken Dennard |
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Dennard · Lascar Associates |
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ken@dennardlascar.com |
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(713) 529-6600 |
MENS WEARHOUSE NAMES JON W. KIMMINS
AS CHIEF FINANCIAL OFFICER
HOUSTON March 6, 2013 Mens Wearhouse (NYSE: MW) announced the appointment of Jon W. Kimmins as Executive Vice President, Chief Financial Officer and Treasurer, effective April 4, 2013. Kimmins responsibilities will include finance, accounting, treasury and investor relations. He will report to Doug Ewert, Mens Wearhouse President and CEO, and will be based in the Companys Fremont, California headquarters.
Kimmins, 55, brings over thirty years of experience in public and private company financial management, as well as global retailing, business development, risk management and real estate. Most recently, he held the position of Executive Vice President Finance and Operations at LF-USA, Inc., a division of Li & Fung Limited, a multi-billion dollar wholesaler of apparel, footwear and fashion accessories. After joining in its early stages of development, Kimmins built the companys financial controls and cash management processes, as well as established innovative financing arrangements.
Prior to LF-USA, Kimmins was the Treasurer and Executive Vice President of Toys R Us, Inc., where he was responsible for worldwide corporate finance, raising billions in debt and equity financing transactions. He also assisted in the preparation of investor relations materials, public announcements and SEC filings. Also during his tenure at Toys R Us, he managed global insurance and risk management, as well as the procurement of non-resale items. Prior to Toys R Us, Kimmins held financial management positions at Macys from 1980 to 1989.
We are excited to have Jon join our team, Ewert commented. His experience and accomplishments span not only finance and accounting, but also global retailing, risk management and real estate. His strengths extend well beyond the numbers and include building organizations, leading acquisitions, developing strategic initiatives and developing people. We look forward to his contributions to further enhancing our organization and its strategies as we continue to grow our operations.
I would also like to thank Diana Wilson, who acted as Interim Chief Financial Officer, added Ewert. Diana has been a key member of our accounting and finance team for 14 years and will continue to benefit our organization as Executive Vice President of Finance and Accounting.
Founded in 1973, Mens Wearhouse is one of North Americas largest specialty retailers of mens apparel with 1,144 stores. The Mens Wearhouse, Moores and K&G stores carry a full selection of mens designer, brand name and private label suits, sport coats, furnishings and accessories and Mens Wearhouse and Tux stores carry a limited selection. Most K&G stores carry a full selection of womens apparel. Tuxedo rentals are available in the Mens Wearhouse, Moores and Mens Wearhouse and Tux stores. Additionally, Mens Wearhouse operates a global corporate apparel and workwear group consisting of Twin Hill in the United States and Dimensions, Alexandra and Yaffy in the UK.
For additional information on Mens Wearhouse, please visit the Companys websites at www.menswearhouse.com, www.kgstores.com, www.mooresclothing.com, www.twinhill.com, www.dimensions.co.uk and www.alexandra.co.uk.
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