MONRO MUFFLER BRAKE, INC. (NASDAQ:MNRO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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MONRO MUFFLER BRAKE, INC. (NASDAQ:MNRO) 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.

Effective April 1, 2017, Monro Muffler Brake, Inc. (the “Company”) and Joseph Tomarchio have mutually agreed to terminate Mr. Tomarchio’s Employment Agreement with the Company, dated February 11, 2014 (the “Agreement”), as that Agreement was amended on May 14, 2014 (as amended, the “Employment Agreement”). The parties agreed to terminate the Employment Agreement to accommodate their desire for Mr. Tomarchio to continue to work for the Company, but on a part-time basis. As such, from April 1, 2017, Mr. Tomarchio will have the title of Special Advisor and will focus primarily on assisting with the Company’s ongoing acquisition activities and will no longer have the title of Executive Vice President of the Company. Mr. Tomarchio’s compensation has been adjusted to reflect his part time status.


About MONRO MUFFLER BRAKE, INC. (NASDAQ:MNRO)

Monro Muffler Brake, Inc. is engaged in the provision of automotive undercar repair and tire services in the United States. The Company provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems, and steering, drive train, suspension and wheel alignment. It also offers tires and routine maintenance services, which include state inspections. It offers repair and replacement of parts. Its store provides a range of undercar repair services for brakes, steering, mufflers and exhaust systems, suspension and wheel alignment, as well as tire replacement and service. It also offers scheduled maintenance services in its stores where services are packaged and offered to consumers based upon the year, make, model and mileage of each specific vehicle. Its maintenance services include oil change services, heating and cooling system flush and fill service, belt installation, fuel system service and a transmission flush and fill service.

MONRO MUFFLER BRAKE, INC. (NASDAQ:MNRO) Recent Trading Information

MONRO MUFFLER BRAKE, INC. (NASDAQ:MNRO) closed its last trading session up +0.25 at 50.50 with 324,952 shares trading hands.