1-800-FLOWERS.COM, INC (NASDAQ:FLWS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 18, 2019, Mark L. Nance will be transitioning from his role as President of BloomNet, Inc. (“BloomNet”), the international floral wire service business of 1-800-FLOWERS.COM, Inc. (the “Company”), to the role of Special Advisor to BloomNet.Mr. Nance will assist in the transition of the President of BloomNet role until his departure from the Company.
On March 18, 2019, Dinesh Popat will assume the duties of the role of President of BloomNet.Mr. Popat, age 59, joins the Company from Prescriptive Insights, a management consulting firm, where he served as Chief Marketing Officer since January 2017. From 1984 to 2017, Mr. Popat served in various roles at Avon Products, including most recently as Chief Representative Officer.He holds a B.A. in Business Studies from the University of Sunderland in England.
In connection with Mr. Popat’s appointment, the Company granted Mr. Popat 7,500 restricted shares, subject to the terms of the award agreements. The restricted shares will vest in two equal annual installments commencing on the first anniversary of the date of grant.
There are no reportable family relationships or related person transactions involving the Company and Mr. Popat.
About 1-800-FLOWERS.COM, INC (NASDAQ:FLWS)
1-800-FLOWERS.COM, Inc. is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service. The Consumer Floral segment includes the operations of the Company’s flagship brand, 1-800-Flowers.com, FruitBouquets.com and Flowerama. The Gourmet Food and Gift Baskets segment includes the operations of Harry & David (which includes Wolferman’s, Moose Munch and Stockyards.com), Fannie May Confections Brands (which includes Harry London), Cheryl’s (which includes Mrs. Beasley’s), The Popcorn Factory, DesignPac and 1-800-Baskets. The BloomNet Wire Service segment includes the operations of BloomNet and Napco.