-----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, H9HtpP/+8Tkn+3D61ZPRH475vZ5/9Dxb5cJ1YBujWWtm7jeIRwzi23ybVJ6bzy1u zEAdwwZm5sQbo5sfey18VQ== 0001341004-07-002892.txt : 20071102 0001341004-07-002892.hdr.sgml : 20071102 20071102134606 ACCESSION NUMBER: 0001341004-07-002892 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20071029 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: 20071102 DATE AS OF CHANGE: 20071102 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARTMARX CORP/DE CENTRAL INDEX KEY: 0000723371 STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300] IRS NUMBER: 363217140 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08501 FILM NUMBER: 071209735 BUSINESS ADDRESS: STREET 1: 101 N WACKER DR STREET 2: 23RD FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3123726300 MAIL ADDRESS: STREET 1: 101 N WACKER DRIVE STREET 2: 23RD FLOOR CITY: CHICAGO STATE: IL ZIP: 60606 8-K 1 hartmarx8k.htm FORM 8K hartmarx8k.htm
 

 
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): October 29, 2007

HARTMARX CORPORATION

(Exact name of registrant as specified in charter)


DELAWARE                1-8501                36-3217140
(State or other jurisdiction      (Commission           (IRS Employer
      of incorporation)           File Number)          Identification No.)

101 North Wacker Drive
Chicago, Illinois 60606
(Address of principal executive offices) (Zip Code)

(312) 372-6300
(Registrant's telephone number, including area code)


N/A

(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 communication pursuant to Rule 425 under the Securities Act (17 C.F.R. 230.425)

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 C.F.R. 240.14a-12)

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 C.F.R. 240.14d-2(b))

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 C.F.R. 240.13e-4(c))
 

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

(b)           Retirement of Principal Accounting Officer

Andrew A. Zahr, vice president, controller and principal accounting officer of Hartmarx Corporation (the "Company"), has advised the Company that he will retire from active employment effective December 31, 2007.  Effective November 1, 2007 Mr. Zahr will he will no longer serve as the Company's principal accounting officer and controller, but will continue as a vice president.


(c)           Appointment of New Principal Accounting Officer

Effective November 1, 2007, James T. Conners, age 44, has been appointed vice president, controller and principal accounting officer for the Company.  Mr. Conners has been employed by the Company since August 16, 2007, in anticipation of Mr. Zahr's retirement.  There are no family relationships between Mr. Conners and any director or other executive officer of the Company and the Company is not aware of any related party transactions between the Company and Mr. Conners.

From 1999 until December 2006 Mr. Conners served in a variety of accounting and financial positions at ACNielsen, a leading global provider of marketing research information services, analytical systems and tools, and professional services.  He served as vice president, planning and analysis from 2005 to 2006; vice president, controller, global from 2003 to 2005; vice president, controller, U.S. Region, from 2000 to 2003; and director, financial planning and analysis from 1999 to 2000.


(e)           Compensation Arrangement with Mr. Conners

Mr. Conners' compensation arrangements with the Company are an annual base salary of $185,000, and he is also eligible to participate in the Hartmarx Management Incentive Plan ("MIP"), the Company's annual incentive bonus program.  Mr. Conners' incentive bonus opportunity amounts under the MIP for fiscal year ending November 30, 2007 are: Threshold - $20,000; Target - $50,000; Maximum - $100,000.  The amount he receives will be pro-rated for the period beginning August 16, 2007 through November 30, 2007, and will depend on the Company's performance.  Mr. Conners is eligible for equity grants under the Company's 2006 Incentive Stock Plan, as approved by the Compensation and Stock Option Committee of the Board of Directors ("Committee").  The actual amount and value of equity awards granted to Mr. Conners will be determined by the Committee as and when the Committee approves equity awards.  As of the date of filing of this current report on Form 8-K, no equity awards have been granted to Mr. Conners.  In addition, Mr. Conners is eligible for other benefits consistent with those received by other Company executives.
 
Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

 
99.1
Press Release dated October 29, 2007.
 

 
SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
HARTMARX CORPORATION
   
   
 
/s/ Taras R. Proczko
 
 
Taras R. Proczko
 
Senior Vice President
Dated: November 2, 2007
 

 
EXHIBIT LIST
 
 
Exhibit Number
 
Description
 
       
       
 
99.1
 
Press Release dated October 29, 2007.
 
EX-99.1 2 exhibit99-1.htm PRESS RELEASE exhibit99-1.htm
 
 
EXHIBIT 99.1

FOR IMMEDIATE RELEASE                                            Contact: Glenn R. Morgan 312 357-5400
Web Site: www.hartmarx.com


HARTMARX APPOINTS JAMES CONNERS VICE PRESIDENT AND
CORPORATE CONTROLLER; ANDREW ZAHR TO RETIRE



CHICAGO, October 29, 2007  -  Hartmarx Corporation (NYSE: HMX) announced today that James T. Conners, 44, has been appointed Vice President and Controller, effective November 1, 2007.  Conners joined Hartmarx from ACNielsen where he had held a number of senior accounting and financial positions since 1999.

Conners will serve as the Company's Chief Accounting Officer, reporting to Glenn R. Morgan, Executive Vice President, Chief Financial Officer and Treasurer.  Morgan commented, "Jim is an experienced financial executive whose career has included responsible positions in controllership, financial analysis, mergers and acquisitions, planning, internal auditing and public accounting.  He brings a level of experience that fits well with the implementation of Hartmarx's strategies to achieve long-term revenue and earnings growth."

Conners earned his bachelor's degree in accounting from Indiana University, Bloomington, IN.  Conners started his career in public accounting with Ernst & Young.  He has held various accounting and finance positions at several publicly and privately held enterprises including Baxter Healthcare, American National Can, and most recently at ACNielsen.

Conners will succeed Andrew Zahr, 63, who will be retiring after a distinguished 35 year career with Hartmarx.  "Andy has provided valuable accounting expertise to Hartmarx, and his exceptional standards of ethics and integrity have earned him the deep respect of his Hartmarx colleagues.  We appreciate Andy's many contributions and wish him the best in his well-earned retirement," Morgan concluded.

Zahr will remain a Vice President, continuing to work with Conners over the next few months to facilitate an orderly transition of responsibilities.

Hartmarx produces and markets business, casual and golf apparel under its own brands, including Hart Schaffner Marx, Hickey-Freeman, Palm Beach, Coppley, Cambridge, Keithmoor, Monarchy, Manchester Escapes, Society Brand, Racquet Club, Naturalife, Pusser's of the West Indies, Royal, Brannoch, Sansabelt, Exclusively Misook, Barrie Pace, Eye, Christopher Blue, Pine IV, Wörn, One Girl Who . . ., Zooey by alice heller and b.chyll.  In addition, the Company has certain exclusive rights under licensing agreements to market selected products under a number of premier brands such as Austin Reed, Tommy Hilfiger, Burberry men's tailored clothing, Ted Baker, Bobby Jones, Jack Nicklaus, Claiborne, DKNY Donna Karan New York, Pierre Cardin, Perry Ellis, Lyle & Scott, Golden Bear, Jag and Starington. The Company's broad range of distribution channels includes fine specialty and leading department stores, value-oriented retailers and direct mail catalogs.
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