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Trans World Entertainment Corp (TWMC.O)

TWMC.O on Consolidated Issue listed on NASDAQ Global Market

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19 Sep 2017
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Summary

Name Age Since Current Position

Michael Solow

58 1999 Independent Chairman of the Board

Michael Feurer

47 2016 Chief Executive Officer, Director

John Anderson

48 2013 Chief Financial Officer

Bruce Eisenberg

57 2001 Executive Vice President - Real Estate

Chris Hoerenz

51 2016 Chief Digital and Marketing Officer

W. Michael Reickert

53 Director

Martin Hanaka

68 2013 Independent Director

Robert Marks

65 2012 Independent Director

Joseph Morone

64 2017 Independent Director

Michael Nahl

74 2010 Independent Director

Biographies

Name Description

Michael Solow

Mr. Michael B. Solow is Independent Chairman of the Board of Trans World Entertainment Corporation. He is the Co-Chairman and Managing Partner of Kaye Scholer LLP, an international law firm based in New York City, where he has practiced since January 2001 and is currently a member of the firm’s Executive Committee. Prior to joining Kaye Scholer LLP, Mr. Solow was a Partner and Practice Manager for the Financial Services Practice at Hopkins & Sutter, a Chicago, Illinois law firm. Mr. Solow has previously served on other corporate boards, including Camelot Music, Inc. Mr. Solow provides the Board with extensive legal and management experience, particularly his expertise in corporate finance and his experience in law firm management.

Michael Feurer

Mr. Michael Feurer is Chief Executive Officer, Director of the Company. Mr. Feurer has an extensive retail background with wide and direct experience including strategy, branding, merchandising, marketing, web, real estate, sourcing and production, planning and allocation. Mr. Feurer most recently served as Chief Executive Officer and President of Vanity Stores from 2012 to 2014. Mr. Feurer's prior experience includes 9 years at Coldwater Creek in various positions, including Senior Vice President Merchandising and Merchandise Operations and President, Strategic New Concepts. He also spent 10 years at the Gap where he was responsible for planning for their Japanese, European, and Canadian markets.

John Anderson

Mr. John N. Anderson is Chief Financial Officer of Trans World Entertainment Corporation. He has been appointed as the Chief Financial Officer of the Company with effect from February 3, 2013. Prior to being named Chief Financial Officer, Mr. Anderson was Acting Chief Financial Officer beginning July 2012. Prior to that, Mr. Anderson served in positions of increasing responsibility at Trans World for over 18 years, most recently serving as Controller since September 2006.

Bruce Eisenberg

Mr. Bruce J. Eisenberg is Executive Vice President - Real Estate of Trans World Entertainment Corporation. since May 2001. He added the title of Executive Vice President of Store Operations in 2011. He joined the Company in August of 1993 as Vice President of Real Estate and was named Senior Vice President of Real Estate in May 1995. Prior to joining the Company, Mr. Eisenberg was responsible for leasing, finance and construction of new regional mall development at The Pyramid Companies.

Chris Hoerenz

Mr. Chris Hoerenz is Chief Digital and Marketing Officer of the Company. Mr. Hoerenz most recently served as Acting Chief Marketing Officer at Pave Inc, a digital lending company, from January 2016 to July 2016, and Acting Chief Business Officer for Eyeem Inc., a German based mobile company, from August 2015 to January 2016. Previously, Mr. Hoerenz has served as President e-commerce of Shutterstock Inc. from May 2014 through February 2015 and Chief Operating Officer of WhoSay, Inc. from September 2012 through April 2014.

W. Michael Reickert

Mr. W. Michael Reickert is Director of the Company. Prior to founding Independent Family Office in 2005, Mr. Reickert was employed by The Ayco Company, LP. from 1986 to 2004 in various positions, including Executive Vice President. Mr. Reickert currently serves on the board of Albany Medical Center since 2011. Mr. Reickert provides the Board with financial and investment expertise. Mr. Reickert is a trustee of the Robert J. Higgins TWMC Trust, which is our largest shareholder, and is also trustee of various other trusts.

Martin Hanaka

Mr. Martin E. Hanaka is Independent Director of Trans World Entertainment Corporation. Mr. Hanaka recently was the Interim Chief Executive Officer of Guitar Center, Inc. from January 2013 to April 2013 and a board member thru April 2014. Previously, Mr. Hanaka served as the Chairman of Golfsmith International Holdings, Inc. from April 2007 to November 2012 and was the Chief Executive Officer from June 2008 to November 2012. From September 1998 to August 2003, Mr. Hanaka served as the Chief Executive Officer of The Sports Authority Inc. and served as Chairman from November 1999 through June 2004. From August 1994 to October 1997, he served as the President and Chief Operating Officer of Staples Inc. and served as a member of the Board of Directors. He has served on a dozen public and private boards of directors, including the Company’s from 1998 through 2009. In addition to significant experience providing oversight as a director in various capacities, Mr. Hanaka contributes substantial experience in the retail sector.

Robert Marks

Mr. Robert E. Marks is Independent Director of the Company. Mr. Marks is currently a director of Terra Income Fund 6 and Denny’s Corporation (“Denny’s”) and served as Chairman of the Board of Directors of Denny’s from 2004 to 2006; a member of the Board of Trustees of the Greenwich, Connecticut Public Library, and a member of the Board of Overseers of The International Rescue Committee. Mr. Marks has extensive finance, investment and executive compensation experience to share with the Board.

Joseph Morone

Dr. Joseph G. Morone is Independent Director of Trans World Entertainment Corporation. He has been the President and CEO of Albany International Corp since January 2006 and President since August 2005. From August 1997 to July 2005 he was the President of Bentley University. Previously, Dr. Morone was the Dean of Rensselaer Polytechnic Institute’s Lally School of Management and Technology from July 1993 to July 1997. Before joining the School of Management in 1988, Dr. Morone was a senior associate for the Keyworth Company, a consulting firm specializing in technology management and science policy. Dr. Morone also served in the White House Office of Science and Technology Policy and spent seven years at General Electric Company’s Corporate Research and Development. Dr. Morone also serves on the Board of Directors of Albany International Corp. and on the Board of Trustees of the University System of New Hampshire. Dr. Morone has executive leadership experience at public companies and academic institutions, with an expertise in risk management and strategic planning.

Michael Nahl

Mr. Michael C. Nahl is Independent Director of Trans World Entertainment Corporation. He was Executive Vice President and Chief Financial Officer of Albany International Corp. from April 2005 until his retirement in September 2009. Mr. Nahl is currently a director of Lindsay Corporation and was a member of JPMorgan Chase and Company’s Regional Advisory Board from 1996 through 2010. Mr. Nahl has broad and thorough knowledge on accounting, disclosure, risk management, auditing and finance matters, as well as operational and strategic experience to share with our Board.

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