Courtesy of Benzinga.
Eminence Capital, which owns 4.9% of the common stock of Jos. A. Bank Clothiers (NASDAQ: JOSB), today announced that it has nominated two industry veterans for election as directors to the Board at Jos. A. Bank’s annual meeting. The nominees include:
Bruce J. Klatsky, former Chairman of Phillips-Van Heusen Corporation (PVH), a position he held from 1994 until June 2007, and
Norman S. Matthews, former President of Federated Department Stores and active and former board member of other retail and consumer companies.
“We are very pleased that these two highly experienced retail executives have agreed to stand for election as independent directors at the 2014 meeting of Jos. A. Bank shareholders. Their knowledge and success in the retail industry as well as their commitment to maximizing shareholder value have been clearly evident throughout their long and distinguished careers,” said Ricky C. Sandler, Chief Executive Officer of Eminence Capital.
