ABERCROMBIE Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 15, 2017, Director Stephanie M. Shern informed Abercrombie & Fitch Co. (the "Company") that she had decided to resign from the Board of Directors (the "Board") of the Company for personal reasons. Ms. Shern’s resignation was effective August 15, 2017.
Item 5.02. Other Events.
On August 17, 2017, the Board, upon the recommendation of the Nominating and Board Governance Committee of the Board, set the number of directors at nine, to reflect the reduction in the number of directors serving on the Board from ten to nine following the resignation of Ms. Shern.
On August 18, 2017, the Company issued a news release reporting that the Board had declared a quarterly cash dividend of $0.20 per share in respect of the Company’s ClassA Common Stock. The dividend was declared on August 17, 2017 and is payable on September 11, 2017 to stockholders of record at the close of business on September 1, 2017. A copy of the news release is included with this Current Report on Form 8-K as Exhibit99.1 and incorporated herein by reference.
Item 5.02. Financial Statements and Exhibits.
(a) through (c) Not applicable
(d) Exhibits:
The following exhibit is included with this Current Report on Form 8-K:
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Exhibit No. |
Description |
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99.1 |
News Release issued by Abercrombie & Fitch Co. on August 18, 2017 reporting declaration of quarterly cash dividend |
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ABERCROMBIE & FITCH CO /DE/ ExhibitEX-99.1 2 a8-18x2017dividendex991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1ABERCROMBIE & FITCH CO. REPORTS DECLARATION OF QUARTERLY CASH DIVIDEND OF $0.20 PER SHARENew Albany,…To view the full exhibit click here
About ABERCROMBIE & FITCH CO. (NYSE:ANF)
Abercrombie & Fitch Co. (A&F) is a specialty retailer that operates stores and direct-to-consumer operations. Through these channels, the Company sells products, including casual sportswear apparel, including knit tops and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters and outerwear; personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands. Its segments include Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands, and Hollister. A&F operates approximately 750 stores in the United States and over 180 stores outside of the United States. It operates Websites for each brand, both domestically and internationally. The Websites are available in over 10 languages, accepting over 30 currencies and shipping to over 120 countries. It sources merchandise through over 150 vendors located throughout the world, primarily in Asia and Central America.