-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O6O05T0zChHi4xiLacFztkLLQR+UwHbLckeKnUYpt5r0i67m7NMaCFeG/NIrTfuB 2YRw4xTEwnfjzCqp6p6eZA== 0001104659-06-083919.txt : 20061226 0001104659-06-083919.hdr.sgml : 20061225 20061226161646 ACCESSION NUMBER: 0001104659-06-083919 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20061221 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061226 DATE AS OF CHANGE: 20061226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MONSTER WORLDWIDE INC CENTRAL INDEX KEY: 0001020416 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] IRS NUMBER: 133906555 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21571 FILM NUMBER: 061299062 BUSINESS ADDRESS: STREET 1: 622 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2129774200 MAIL ADDRESS: STREET 1: 622 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: TMP WORLDWIDE INC DATE OF NAME CHANGE: 19961001 8-K 1 a06-26043_38k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 21, 2006

Monster Worldwide, Inc.

(Exact name of issuer as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

0-21571

 

13-3906555

(Commission File Number)

 

(IRS Employer Identification No.)

 

622 Third Avenue

New York, NY 10017

(Address of Principal Executive Offices)

Registrant’s telephone number, including area code (212) 351-7000

None.

(Former Name or Former Address, if Changed Since Last Report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o            Written communications pursuant to Rule 425 under the Securities Act

o            Solicit ing material pursuant to Rule 14a-12 under the Exchange Act

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 




ITEM 5.02                                       Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

(d)                                 On December 21, 2006, the Board of Directors of Monster Worldwide, Inc. (the “Company”) elected Philip R. Lochner, Jr. as a director.  Mr. Lochner will serve on the Special Litigation Committee and the Special Committee Investigating Options Issues.  Pursuant to the Company’s 1999 Long Term Incentive Plan, Mr. Lochner received 5,000 shares of the Company’s Common Stock, 50% of which vested on the date of grant and the remainder of which will vest on the one year anniversary of the date of grant.  He will also receive $35,000 per year for services as a director as well as $1,000 for each Board or Committee meeting, limited to $3,000 per day.

ITEM 9.01                                       Financial Statements and Exhibits.

(d)                                 99.1                           Press release.

(all other items of this report are inapplicable)

2




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

MONSTER WORLDWIDE, INC.

 

 

(Registrant)

 

 

 

 

 

 

 

 

By:

  /s/ Charles Baker

 

 

 

 

Charles Baker

 

 

 

Chief Financial Officer

 

 

 

Dated: December 26, 2006

 

 

 

3



EX-99.1 2 a06-26043_3ex99d1.htm EX-99

Exhibit 99.1

Monster Worldwide Appoints Philip R. Lochner, Jr. to its Board of Directors

New York, December 26, 2006 — Monster Worldwide, Inc. (NASDAQ: MNST), the parent company of Monster®, the leading global online careers and recruitment resource, today announced that its board of directors has elected Philip R. Lochner, Jr. as a member of the board, effective immediately.

Mr. Lochner has extensive regulatory and corporate governance experience, providing leadership to various public companies in a variety of industries. Mr. Lochner began his distinguished corporate career at Time, Inc. where he held a series of positions with increasing responsibilities before becoming General Counsel and Secretary.  He also served as a Commissioner in the Securities and Exchange Commission from 1990-1991, and later returned to the merged Time Warner Inc. where he served as its Senior Vice President and Chief Administrative Officer until his retirement in 1998.

Mr. Lochner will join the Special Committee appointed by Monster Worldwide’s Board of Directors investigating the Company’s historical stock option practices.  The Special Committee is in the final stage of its investigation as it prepares to present its remedial recommendations to Monster’s Board of Directors, expected in the first quarter of 2007.  Mr. Lochner will also serve on the Special Litigation Committee formed to address the related civil litigations.

“We welcome Phil Lochner to our Board of Directors and believe his qualifications and experience in corporate governance and investor-focused organizations are outstanding,” said Bill Pastore, President and CEO of Monster Worldwide.  “Phil’s counsel, advice and insight will be of tremendous value to Monster’s current and future shareholders, employees and customers.  The addition of Phil as an independent member of the Board marks a significant step forward toward enhancing Monster’s corporate governance,” added Pastore.

Mr. Lochner serves as a member of the Board of Directors for several public companies, and is also an active member of various board committees that oversee audit, compensation and corporate governance functions. He currently serves on the Boards of Directors of: Adelphia Communications Corp., Apria Healthcare Group Inc., CLARCOR Inc., CMS Energy Corporation, Crain Co. and Solutia Inc.

He previously served as a member of the Board of Governors of the National Association of Securities Dealers and of the American Stock Exchange; the Legal Advisory Committee of the New York Stock Exchange;  the Boards of Directors of the Investor Responsibility Research Center, which conducts research on proxy voting; and  the National Association of Corporate Directors.

He becomes the ninth member of Monster Worldwide’s Board of Directors and the seventh independent director.

About Monster Worldwide
Monster Worldwide, Inc. is the parent company of Monster®, the leading global online careers and recruitment resource.  Headquartered in New York with approximately 4,600 employees in 35 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index and the NASDAQ 100.  More information about Monster Worldwide is available at www.monsterworldwide.com.




 

Special Note:  Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Such forward-looking statements involve certain risks and uncertainties, including statements regarding the Company’s strategic direction, prospects and future results. Certain factors, including factors outside of our control, may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

Contacts

 

 

Monster Worldwide

 

 

Investor Relations:

 

Robert Jones, (212) 351-7032, bob.jones@monsterworldwide.com

 

 

 

Monster Worldwide

 

 

Media Relations:

 

Rich Teplitsky, (212) 351-7019, rich.teplitsky@monsterworldwide.com

 

 

###

2



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