Winmark Corporation (NASDAQ:WINA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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Winmark Corporation (NASDAQ:WINA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(b)On February 26, 2020, Steven A. Murphy submitted his resignation from the position of President, Franchising of Winmark Corporation (the “Company”).

On February 27, 2020, the Company issued a press release announcing Mr. Murphy’s resignation. A copy of the press release is attached as Exhibit 99.1 of this Current Report on Form 8-K.

Item 9.01Financial Statements and Exhibits

(d)Exhibits

WINMARK CORP Exhibit
EX-99.1 2 c315-20200226ex9912e9e90.htm EX-99.1 Ex.99.1_2020_02_27 Ex. 99.1       Contact:Brett D.  Heffes 763/520-8500     FOR IMMEDIATE RELEASE   WINMARK CORPORATION ANNOUNCES MANAGEMENT CHANGES   Minneapolis,…
To view the full exhibit click here

About Winmark Corporation (NASDAQ:WINA)

Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade used merchandise. The Company operates in two business segments: franchising and leasing. The franchising segment franchises retail store concepts that buy, sell, trade and consign merchandise. The leasing segment includes Winmark Capital Corporation, which is the Company’s middle-market equipment leasing business, and Wirth Business Credit, Inc., its small-ticket financing business. Its concepts also offer a limited amount of merchandise to customers. The Franchising segment consists of Plato’s Closet, Once Upon A Child, Play It Again Sports, Music Go Round and Style Encore. The Company has approximately 1,150 franchised stores across the United States and Canada. The Company’s subsidiary, Winmark Capital Corporation, is engaged in the business of providing non-cancelable leases for technology and business-essential assets to both larger organizations and smaller companies.