DSW Inc. (NYSE:DSW) 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 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 10, 2019, DSW Inc. (the “Company”) announced that, effective February 3, 2019, William L. Jordan, age 46, will be promoted to President of DSW Designer Shoe Warehouse, and will be assuming the functions of the Company’s principal operating officer. Effective February 3, 2019, Michele Love will serve as Executive Vice President, Chief Commercial Officer, but will no longer perform the functions of principal operating officer of the Company.

Mr. Jordan currently serves as the Company’s Executive Vice President, Chief Administrative Officer and Chief Legal Officer, as well as President of the Company’s Canadian subsidiary, DSW Canada TS Inc. From 2015 to 2017, he served as Executive Vice President, Chief Administrative Officer, General Counsel and Secretary. From 2009 to 2015, he was Executive Vice President, General Counsel, Secretary, and Chief Compliance Officer of the Company. Mr. Jordan has no familial relationships or related party transactions with the Company that would require disclosure under Items 401(d) or 404(a) of Regulation S-K. In connection with his promotion, Mr. Jordan will receive an annual base salary of $800,000, and the target payout for the annual Cash Incentive Compensation Plan will be increased to 75% of his annual base salary.

On January 10, 2019, Mark Haley, age 51, assumed the functions of principal accounting officer of the Company. Jared A. Poff, Executive Vice President and Chief Financial Officer will continue to serve as the Company’s principal financial officer but will no longer perform the functions of principal accounting officer.

Mr. Haley has served as Vice President and Controller of the Company since 2017. Before joining the Company in 2017, Mr. Haley served as Vice President, Chief Accounting Officer of Conn’s, Inc. from 2014 to 2017. From 2010 to 2014 Mr. Haley served as Vice President, Corporate Controller and Chief Accounting Officer at Coldwater Creek Inc. Prior to that, he was a senior director of financial reporting at SUPERVALU INC., and a director of assurance services at Deloitte & Touche LLP. Mr. Haley is a CPA, and holds Bachelors of Science degrees in Finance and Accounting from the University of Idaho. Mr. Haley has no familial relationships or related party transactions with the Company that would require disclosure under Items 401(d) or 404(a) of Regulation S-K in connection with his appointment.

The Company’s press release entitled “DSW Inc. Announces New Brand Presidents to Support Recent Acquisitions” is filed herewith as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits.

DSW Inc. Exhibit
EX-99.1 2 jan2019pressrelease.htm EXHIBIT 99.1 Exhibit Exhibit 99.1DSW Inc. Announces New Brand Presidents to Support Recent Acquisitions For immediate releaseCOLUMBUS,…
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About DSW Inc. (NYSE:DSW)

DSW Inc. is a footwear retailer. The Company offers assortment of shoes, handbags and accessories for women, men and children. The Company operates through two segments: the DSW segment and the Affiliated Business Group (ABG) segment. The DSW segment includes DSW stores and dsw.com. The Company, through its ABG segment, partners with approximately three other retailers to help build and optimize their footwear businesses. The Company operates over 470 DSW stores, dsw.com and shoe departments in approximately 280 Stein Mart stores and Steinmart.com, over 100 Gordmans stores and Gordmans.com, and approximately one Frugal Fannie’s store. Its DSW stores average approximately 21,000 square feet and carry over 21,500 pairs of shoes. In addition, it offers DSW Rewards program, through which members earn points towards certificates every time they purchase.