VITAMIN SHOPPE, INC. (NYSE:VSI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On June19, 2018, Vitamin Shoppe, Inc. (the “Company”) appointed Charles D. Knight as the Company’s Senior Vice President, Chief Accounting Officer and Corporate Controller, effective July2, 2018.
Mr.Knight, 54, was most recently Senior Vice President-Corporate Controller (2010-2018)at Toys “R” Us, Inc. . He was employed at Toys “R” Us for approximately 28 years, starting as Special Project Analyst in 1990, and held positions of increasing responsibility, including Vice President Controller Toysrus.com (2001-2002), Vice President of Toys “R” US Corporate Accounting (2002-2004), Vice President Corporate Controller, Toys “R” Us, Inc. (2004-2010). Prior to joining Toys “R” Us, he was a Senior Accountant at Deloitte& Touche LLP since 1986. Mr.Knight, received a Bachelor degree in accounting from Fairfield University (Connecticut), and is a Certified Public Accountant.
Mr.Knight will be entitled to receive: (i)an annual base salary of $400,000; (ii) a target annual bonus opportunity equal to 45% of his eligible earnings; and (iii)eligibility to participate in and be granted awards under the Company’s equity plan, including, an initial equity grant valued at $200,000.
The foregoing summary of the terms of Mr.Knight’s employment does not purport to be complete and is qualified in its entirety by reference to the full text of the Offer Letter Agreement, dated as of June4, 2018, by and between Charles D. Knight, and the Company, a copy of which is attached as Exhibit 10.1 hereto.
Item 5.02 Financial Statements and Exhibits.
(d) Exhibits
Vitamin Shoppe, Inc. ExhibitEX-10.1 2 d583768dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 June 4,…To view the full exhibit click here
About VITAMIN SHOPPE, INC. (NYSE:VSI)
Vitamin Shoppe, Inc. (VSI) is a multi-channel specialty retailer and contract manufacturer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products. The Company operates through three segments: retail, which includes Vitamin Shoppe, Super Supplements and Vitapath retail store formats; direct, which sells its products directly to consumers through the Internet, primarily at www.vitaminshoppe.com, and manufacturing, which provides custom manufacturing and private labeling of vitamin, mineral and supplement (VMS) products. The Company markets approximately 800 brands, as well as its own brands. The Company operates approximately 760 stores in over 40 states, the District of Columbia, Puerto Rico and Ontario, Canada, primarily located in retail centers and stand-alone locations. The Company also offers homeopathic remedies and weight management products.