People: Fred's Inc (FRED.O)
FRED.O on Nasdaq
15.25USD
24 May 2013
15.25USD
24 May 2013
Price Change (% chg)
$0.01 (+0.07%)
$0.01 (+0.07%)
Prev Close
$15.24
$15.24
Open
$15.13
$15.13
Day's High
$15.31
$15.31
Day's Low
$15.12
$15.12
Volume
111,208
111,208
Avg. Vol
157,128
157,128
52-wk High
$15.98
$15.98
52-wk Low
$12.30
$12.30
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Michael Hayes |
70 | 2009 | Chairman of the Board |
Bruce Efird |
52 | 2009 | President, Chief Executive Officer, Director |
Jerry Shore |
59 | 2008 | Chief Financial Officer, Executive Vice President, Chief Administrative Officer |
Rick Chambers |
48 | 2006 | Executive Vice President - Pharmacy Operations |
Alan Crockett |
43 | 2010 | Executive Vice President - General Merchandise Manager |
Reggie Jacobs |
42 | 2008 | Executive Vice President - Corporate Services, Distribution and Transportation |
Ricky Pruitt |
57 | 2012 | Executive Vice President - Store Operations |
Kirby Salgado |
46 | 2010 | Executive Vice President - General Merchandise Manager |
Charles Vail |
69 | 2006 | Senior Vice President - Legal Services, General Counsel, Corporate Secretary |
Steven Fitzpatrick |
52 | 2012 | Director |
John Eisenman |
70 | 1992 | Independent Director |
Roger Knox |
74 | 1992 | Independent Director |
Michael McMillan |
52 | 2007 | Independent Director |
B. Mary McNabb |
63 | 2005 | Independent Director |
Thomas Tashjian |
57 | 2001 | Independent Director |
Biographies
| Name | Description |
|---|---|
Michael Hayes |
Mr. Michael J. Hayes is Chairman of the Board of Fred’s Inc. He served as Managing Director of the Company from October 1989 until March 2002 when he was elected Chairman of the Board. He was the Chief Executive Officer from October 1989 through January 2009. He was previously employed by Oppenheimer & Company, Inc. in various capacities from 1976 to 1985, including Managing Director and Executive Vice President — Corporate Finance and Financial Services. |
Bruce Efird |
Mr. Bruce A. Efird is President, Chief Executive Officer, Director of Fred's Inc. Mr. Efird joined the Company September 22, 2007 as President and became Chief Executive Officer effective February 1, 2009. Prior to joining the Company, Mr. Efird was Executive Vice-President-Merchandising at Meijer, Inc. as well as being responsible for marketing and advertising. Before joining Meijer, Inc. in 2005, Mr. Efird was Executive Vice-President /General Manager for Bruno’s Supermarkets, Inc. in Birmingham, Alabama beginning in 2003. He began his retail career with Food Lion, Inc. in 1984. |
Jerry Shore |
Mr. Jerry A. Shore is Chief Financial Officer, Executive Vice President, Chief Administrative Officer of Fred's Inc. He joined the Company in April 2000 as Executive Vice President and Chief Financial Officer. Prior to joining the Company, Mr. Shore was employed by Wang’s International, a importing and wholesale distribution company as Chief Financial Officer from 1989 to 2000, and in various financial management capacities with IPS Corp., and Caterpillar, Inc. from 1975 to 1989. |
Rick Chambers |
Mr. Rick A. Chambers is Executive Vice President - Pharmacy Operations of Fred's Inc. Prior to this he held the position of Senior Vice President – Pharmacy operations from June 2004 to August 2006. Mr. Chambers joined the Company in July of 1992 and has served in various positions in Pharmacy Operations. Mr. Chambers earned a Doctor of Pharmacy Degree in 1992. |
Alan Crockett |
Mr. Alan C. Crockett is Executive Vice President - General Merchandise Manager of Fred's Inc. Mr. Crockett joined the Company in 2004 and held the position of Senior Vice President – Finance prior to his promotion. Before joining Fred’s, he held various management positions with Aerospace Products International from 1999 to 2004, Thomas & Betts from 1997 to 1999 and Wang’s International from 1991- to 1997. |
Reggie Jacobs |
Mr. Reggie E. Jacobs is Executive Vice President - Corporate Services, Distribution and Transportation of Fred's, Inc. Prior to this Mr. Jacobs served as SVP of Distribution, CIO and Director of DC Systems. Prior to joining the company Mr. Jacobs was employed by Dollar General from 1994 to 1998 and by Wal-Mart from 1992 to 1994. Mr. Jacobs holds a B.A from the University of Oklahoma. |
Ricky Pruitt |
Mr. Ricky W. Pruitt is Executive Vice President - Store Operations of Fred's Inc. Mr. Pruitt began his career with the Company in 1976 as a Manager Trainee at the Trenton, TN store and was promoted to Store Manager in 1979. Mr. Pruitt was then promoted to District Manager in 1996 and to Regional Vice President of Region 1 in 2008. |
Kirby Salgado |
Mr. Kirby M. Salgado is Executive Vice President - General Merchandise Manager of Fred's Inc. Mr. Salgado joined the Company in 2008 as the Senior Vice President - Divisional Merchandise Manager of Hardlines, Business Development and Sourcing. He began his retail career in 1990 as a Buyer with Macy’s, Inc., one of the nation’s premier retailers, and then served in various management positions with Office Depot, Inc. from 1999 to 2008. |
Charles Vail |
Mr. Charles S. Vail is Senior Vice President - Legal Services, General Counsel, Corporate Secretary of Fred's Inc. He served the Company as General Counsel since 1973, as Corporate Secretary since 1975, and as Senior Vice President — Legal since 2006. Mr. Vail joined the Company in 1968. |
Steven Fitzpatrick |
Mr. Steven R. Fitzpatrick has been appointed as Director of Fred's, Inc. effective May 21, 2012. He was the President of Accredo Health Group, Inc., Medco’s fast-growing specialty pharmacy organization, a position he held until he retired in June 2011. Mr. Fitzpatrick joined Accredo in 2001 as President of its subsidiary, Sunrise Health Management, Inc., and was named President of Accredo Therapeutics, Inc., in February 2002. With the acquisition of Accredo by Medco Health Solutions, Inc., in August 2005, Mr. Fitzpatrick assumed responsibility for both Accredo Therapeutics and Accredo Specialty Care Services (formerly Medco Specialty Solutions). In March 2006, he became Chief Operating Officer of Accredo Health Group and was named President in June 2008. Prior to joining Accredo, Mr. Fitzpatrick held senior management positions with Abbott Laboratories, Block Medical, PharmaThera and Nations Healthcare. |
John Eisenman |
Mr. John R. Eisenman is Independent Director of Fred's, Inc. He is involved in real estate investment and development with REMAX Island Realty, Inc., located in Hilton Head Island, South Carolina. Mr. Eisenman has been engaged in commercial and industrial real estate brokerage and development since 1983. Previously, he founded and served as President of Sally’s, a chain of fast food restaurants from 1976 to 1983, and prior thereto held various management positions in manufacturing and in securities brokerage. |
Roger Knox |
Mr. Roger T. Knox is Independent Director of Fred's, Inc. He is President Emeritus of the Memphis Zoo and was its President and Chief Executive Officer from January 1989 through March 2003. Mr. Knox was the President and Chief Operating Officer of Goldsmith’s Department Stores, Inc. (a full-line department store in Memphis and Jackson, Tennessee) from 1983 to 1987 and its Chairman of the Board and Chief Executive Officer from 1987 to 1989. Prior thereto, Mr. Knox was with Foley’s Department Stores in Houston, Texas for 20 years. Mr. Knox is also a director of The Plough Foundation. |
Michael McMillan |
Mr. Michael T. McMillan is Independent Director of Fred's Inc. He currently serves as Director of Franchise Development for Pepsi-Cola North America, a Division of PepsiCo, where he has spent the last 26 years in various roles including marketing, sales, franchise development, and general management of its bottling operations. |
B. Mary McNabb |
Ms. B. Mary McNabb is Independent Director of Fred's Inc. Most recently she served as Chief Executive Officer for Kid’s Outlet in California. She has served as a member of the Board of Directors of C-ME ("Cyber Merchants Exchange"), a public company. McNabb was executive vice president of merchandising and marketing for Factory 2-U from 1989 – 2001. |
Thomas Tashjian |
Mr. Thomas H. Tashjian is Independent Director of Fred's Inc. Mr. Tashjian is a private investor. Mr. Tashjian has served as a managing director and consumer group leader at Banc of America Montgomery Securities in San Francisco. Prior to that, Mr. Tashjian held similar positions at First Manhattan Company, Seidler Companies, and Prudential Securities. Mr. Tashjian’s earlier retail operating experience was in discount retailing at the Ayr-way Stores, which were acquired by Target, and in the restaurant business at Noble Roman’s. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Michael Hayes |
296,632 |
Bruce Efird |
1,338,860 |
Jerry Shore |
633,165 |
Rick Chambers |
356,678 |
Alan Crockett |
366,946 |
Reggie Jacobs |
338,848 |
Ricky Pruitt |
-- |
Kirby Salgado |
-- |
Charles Vail |
-- |
Steven Fitzpatrick |
-- |
John Eisenman |
-- |
Roger Knox |
-- |
Michael McMillan |
-- |
B. Mary McNabb |
-- |
Thomas Tashjian |
-- |
As Of 26 Jun 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Michael Hayes |
116,465 | 552,125 |
Bruce Efird |
0 | 0 |
Jerry Shore |
68,063 | 289,463 |
Rick Chambers |
0 | 0 |
Alan Crockett |
0 | 0 |
Reggie Jacobs |
0 | 0 |
Ricky Pruitt |
0 | 0 |
Kirby Salgado |
0 | 0 |
Charles Vail |
0 | 0 |
Steven Fitzpatrick |
0 | 0 |
John Eisenman |
0 | 0 |
Roger Knox |
0 | 0 |
Michael McMillan |
0 | 0 |
B. Mary McNabb |
0 | 0 |
Thomas Tashjian |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
MCNABB B MARY |
2,500 | $11.17 |
TWIGG MATTHEW J |
831 | $0.00 |
JACOBS REGGIE E |
2,017 | $14.00 |
MCNABB B MARY |
260 | $13.53 |
MCNABB B MARY |
866 | $13.54 |
MCNABB B MARY |
240 | $13.52 |
MCNABB B MARY |
734 | $13.55 |
EISENMAN JOHN R |
2,300 | $13.49 |
EISENMAN JOHN R |
500 | $13.50 |
EISENMAN JOHN R |
200 | $13.48 |
MCMILLAN MICHAEL T |
3,000 | $9.88 |
TASHJIAN THOMAS H |
3,000 | $9.88 |
EISENMAN JOHN R |
3,000 | $9.88 |
MCNABB B MARY |
3,000 | $9.88 |
KNOX ROGER T |
3,000 | $9.88 |
HAYES MICHAEL J |
425,000 | $0.00 |
HAYES MICHAEL J |
4,000 | $0.00 |
HAYES MICHAEL J |
425,000 | $0.00 |
HAYES MICHAEL J |
175,000 | $0.00 |
HAYES MICHAEL J |
425,000 | $0.00 |
HAYES MICHAEL J |
175,000 | $0.00 |
HAYES MICHAEL J |
4,000 | $0.00 |
HAYES MICHAEL J |
425,000 | $0.00 |
HAYES MICHAEL J |
425,000 | $0.00 |
JACOBS REGGIE E |
1,086 | $13.16 |

