BIG LOTS, INC. (NYSE:BIG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

BIG LOTS, INC. (NYSE:BIG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 4, 2017, Big Lots, Inc. (“we,” “us,” “our” or “Company”) announced that David J. Campisi, the Company’s Chief Executive Officer and President, and a Director of the Company, will be on a temporary medical leave of absence, effective immediately.

In connection with Mr. Campisi’s temporary leave of absence, on December 3, 2017, the Company’s Board of Directors assigned Mr. Campisi’s executive responsibilities to Lisa Bachmann, the Company’s Executive Vice President, Chief Merchandising and Operating Officer, and Timothy A. Johnson, the Company’s Executive Vice President, Chief Administrative Officer and Chief Financial Officer. During Mr. Campisi’s absence, Ms. Bachmann and Mr. Johnson will work in consultation with James R. Chambers, the non-executive Chairman of the Company’s Board of Directors.

Ms. Bachmann, 56, was promoted to her current position in August 2015. Prior to that, Ms. Bachmann was promoted to Executive Vice President, Chief Operating Officer in August 2012 and Executive Vice President, Supply Chain Management and Chief Information Officer in March 2010. Ms. Bachmann joined us as Senior Vice President, Merchandise Planning, Allocation and Presentation in March 2002.

Mr. Johnson, 50, was promoted to his current position in August 2015. Prior to that Mr. Johnson was promoted to Executive Vice President, Chief Financial Officer in March 2014. Mr. Johnson was promoted to Senior Vice President, Chief Financial Officer in August 2012. He was promoted to Senior Vice President of Finance in July 2011. He joined us in August 2000 as Director of Strategic Planning.

Attached as Exhibit 99.1 to this Form 8-K is a copy of the Company’s December 4, 2017 press release with respect to the foregoing.

Item 9.01Financial Statements and Exhibits.

(d)

Exhibits

Exhibits marked with an asterisk (*) are furnished herewith.

Exhibit No.

Description

Big Lots, Inc. press release dated December 4, 2017.


BIG LOTS INC Exhibit
EX-99.1 2 exhibit991-ceoloaannouncem.htm EXHIBIT 99.1 Exhibit Exhibit 99.1PRESS RELEASE    FOR IMMEDIATE RELEASE  Contact: Andrew D. Regrut    Vice President,…
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About BIG LOTS, INC. (NYSE:BIG)

Big Lots, Inc. is a non-traditional, discount retailer operating in the United States. The Company operates through the discount retailing segment. The Company’s merchandise categories include Food, which includes its beverage and grocery, candy and snacks, and specialty foods departments; Consumables, which includes its health and beauty, plastics, paper, chemical and pet departments; Soft Home, which includes the home decor, frames, fashion bedding, utility bedding, bath, window, decorative textile and area rugs departments; Hard Home, which includes its small appliances, table top, food preparation, stationery, greeting cards and home maintenance departments; Furniture, which includes upholstery, mattress, ready-to-assemble and case goods departments; Seasonal, which includes its lawn and garden, summer, Christmas, toys and other holiday departments, and Electronics and Accessories, which includes the electronics, jewelry, hosiery and infant accessories departments.

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