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Pier 1 Imports Inc (PIR)

PIR on New York Consolidated

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5 Dec 2016
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Summary

Name Age Since Current Position

Terry London

66 2013 Non-Executive Independent Chairman of the Board

Alexander Smith

63 2007 President, Chief Executive Officer, Director

Jeffrey Boyer

57 2015 Chief Financial Officer, Executive Vice President

Eric Hunter

41 2013 Executive Vice President - Marketing

Gregory Humenesky

61 2005 Executive Vice President - Human Resources

Michael Benkel

46 2012 Executive Vice President - Planning and Allocations

Catherine David

51 2009 Executive Vice President - Merchandising

Andrew Laudato

48 2002 Senior Vice President, Chief Information Officer

Michael Carter

56 2014 Senior Vice President - Compliance, General Counsel, Secretary

Claire Babrowski

59 2011 Independent Director

Cheryl Bachelder

59 2012 Independent Director

Hamish Dodds

58 2011 Independent Director

Brendan Hoffman

47 2011 Independent Director

Cynthia McCague

64 2013 Independent Director

Michael Peel

65 2013 Independent Director

Ann Sardini

65 2013 Independent Director

Biographies

Name Description

Terry London

Mr. Terry E. London is Non-Executive Independent Chairman of the Board of Pier 1 Imports, Inc. During fiscal 2015, Mr. London served as the non-executive chairman of the board and as a member of the compensation committee. A certified public accountant and chairman of the London Broadcasting Company, Inc., Mr. London provides the board with significant finance, accounting, media, and public company board knowledge and experience. Mr. London was voted the Broadcaster of the Year in 2011 by the Texas Association of Broadcasters. Earlier in his career, Mr. London served as president and chief executive officer, as well as chief financial and administrative officer, of Gaylord Entertainment Company. Mr. London currently serves as a director of Johnson Outdoors, Inc. and previously served as a director of Bass Pro Shops, Inc. In his role as director on other boards, Mr. London has served as the chairman of the audit committee and member of the compensation committee.

Alexander Smith

Mr. Alexander W. Smith is no longer President, Chief Executive Officer, Director of Pier 1 Imports, Inc., effective December 31, 2016. Mr. Smith has over 30 years of retail and international branding experience. Prior to joining Pier 1 Imports, Mr. Smith served as Group President of the TJX Companies, Inc., where he oversaw the operations and development of Home Goods, Marshalls, and TJ Maxx plus a number of corporate functions. He was instrumental in the development of the TK Maxx stores in Great Britain and ran its international operations. Mr. Smith also has served as a director of Papa John’s International, Inc., including service as chairman of its compensation committee and as a member of its audit committee, and has served as a director of Tumi Holdings, Inc. since December 2013. Mr. Smith’s employment agreement provides that, at all times during the employment period, Pier 1 Imports will use its reasonable efforts to cause the board of directors, or an authorized committee thereof, to nominate Mr. Smith for election to the board of directors at each annual meeting of shareholders of Pier 1 Imports held during the employment period, and, if nominated, to cause the board of directors to recommend his election to the shareholders of Pier 1 Imports.

Jeffrey Boyer

Mr. Jeffrey N. Boyer has been appointed as Executive Vice President and Chief Financial Officer of the Company., effective July 27, 2015. Prior to joining the Company, Mr. Boyer served as Executive Vice President, Chief Administrative Officer and Chief Financial Officer for Tuesday Morning Corporation, based in Dallas, Texas, since September 2013. From April 2008 to September 2013, Mr. Boyer served as Executive Vice President and Chief Financial Officer of 24 Hour Fitness Worldwide, based in San Ramon, California, and was promoted to Chief Operating Officer in June 2012. From January 2003 to April 2008, Mr. Boyer held the positions of Executive Vice President, Chief Financial Officer; Co-President and Chief Financial Officer; and President and Chief Financial Officer with The Michaels Companies, Inc. He has also held executive positions with Sears Holdings Corporation and Kmart Corporation.

Eric Hunter

Mr. Eric W. Hunter is a Executive Vice President - Marketing of Pier 1 Imports, Inc. Prior to joining the Company, Mr. Hunter served as Senior Vice President of Marketing and Acting Chief Marketing Officer with JCPenney Company from February 2012 to July 2013, and as Chief Marketing Officer and Group President with Kellwood Company from March 2009 until February 2012. Mr. Hunter also served in various positions with PMK/HBH/Momentum Worldwide and Creative Artists Agency.

Gregory Humenesky

Mr. Gregory S. Humenesky is an Executive Vice President - Human Resources of Pier 1 Imports, Inc., since February 2005. Prior to his current position, he served in various human resource positions for other retailers, including ten years as Senior Vice President of Human Resources at Zale Corporation and 21 years in various positions of increasing responsibility at Macy’s.

Michael Benkel

Mr. Michael R. Benkel is an Executive Vice President - Planning and Allocations of Pier 1 Imports Inc., since April 2012. He joined the organization in September 2008 as Senior Vice President of Planning and Allocations. Prior to joining the Company, he spent 11 years at Williams-Sonoma Inc. in continuously advancing positions in the Pottery Barn Retail Stores division, including Vice President of Inventory Management, Director – Inventory Management, and as a home furnishings and furniture buyer.

Catherine David

Ms. Catherine A. David is an Executive Vice President - Merchandising of Pier 1 Imports, Inc. Prior to her current role, Ms. David served as President and Chief Operating Officer of Kirkland’s Inc. and Vice President and General Manager with Sears Essentials, Sears Grand and The Great Indoors. Ms. David also previously served Target Corporation for 13 years in various positions including Vice President and General Manager of target.direct and various positions in the buying, planning and stores divisions.

Andrew Laudato

Andrew Laudato is the Senior Vice President, Chief Information Officer of the company. He joined the organization in August 2000 as Vice President of Information Services. Prior to joining the Company he held various positions of increasing responsibility with the Limited, Inc., Bath & Body Works, LLC, Express, Inc., and Jo-Ann Stores, LLC.

Michael Carter

Mr. Michael A. Carter is Senior Vice President - Compliance, General Counsel, Secretary of Pier 1 Imports, Inc., since January 2014. Prior to that and since December 2005, he served as Senior Vice President, General Counsel and Secretary of the Company. Mr. Carter has served within the organization for 25 years in various leadership capacities, including Vice President — Legal Affairs, and Corporate Counsel. Mr. Carter first became an officer of the Company in 1991. Mr. Carter is a licensed attorney in the State of Texas. Prior to joining the Company, Mr. Carter practiced law with the Fort Worth, Texas law firm of Brackett and Ellis, LLP.

Claire Babrowski

Ms. Claire H. Babrowski is an Independent Director of Pier 1 Imports Inc. During fiscal 2015, Ms. Babrowski served as chair of the nominating and corporate governance committee and as a member of the audit committee. Ms. Babrowski brings to the board experience in key leadership roles in leading global and domestic multi-unit companies. She possesses significant experience in operations, finance, international and general management as well as global exposure. Ms. Babrowski most recently served as executive vice president and chief operating officer of Toys “R” Us, Inc. from 2007 to 2010. She started her career spending 30 years at McDonald’s Corporation, where her last position was senior executive vice president and chief restaurant operations officer. From 2005 to 2006, Ms. Babrowski worked for RadioShack Corporation serving as executive vice president and chief operating officer, and then president, chief operating officer and acting chief executive officer. Ms. Babrowski previously served as a director and chairman of Chipotle Mexican Grill, Inc. She also previously served on the board of managers of QCE Finance LLC, which is the ultimate parent company of Quiznos, from February 2012 through May 2014, including serving as the chair of their operations and development committee and serving on the marketing committee. Ms. Babrowski currently serves as a director, audit committee member, and nominating and corporate governance committee member of Delhaize Group, a Belgian company whose American Depository Receipts are traded on the NYSE and whose ordinary shares are traded on the NYSE Euronext in Brussels.

Cheryl Bachelder

Ms. Cheryl A. Bachelder is Independent Director of Pier 1 Imports, Inc. During fiscal 2015, Ms. Bachelder served as chair of the compensation committee. Ms. Bachelder is a restaurant industry executive who brings to the board over 30 years of brand building, operations and public-company management experience. Ms. Bachelder has served as chief executive officer of Popeyes Louisiana Kitchen, Inc. since November 1, 2007 and served as president from November 2007 through February 2012. Ms. Bachelder has served on the board of Popeyes Louisiana Kitchen, Inc. since November 2006 and served on the board of True Value Corporation from July 2006 through February 2013. From January 2001 to September 2003, she was the president and chief concept officer for KFC Corporation in Louisville, Kentucky. While at KFC, she was responsible for leading its U.S. restaurant business. From June 1995 to December 2000, Ms. Bachelder served as vice president, marketing and product development for Domino’s Pizza, Inc.

Hamish Dodds

Mr. Hamish A. Dodds is an Independent Director of Pier 1 Imports Inc. During fiscal 2015, Mr. Dodds served as a member of the audit committee. Mr. Dodds brings to the board over 30 years of executive experience in the shipping, retail, consumer goods and hospitality industries and has lived and worked in Europe, the Middle East, Africa, South America and the United States, gaining extensive international experience in finance, franchising, joint ventures and brand management. As president and chief executive officer for Hard Rock International since 2004, Mr. Dodds oversees the strategic development and operations of restaurants, hotels, casinos and live music venues across 63 countries. Previously, Mr. Dodds has served as a board member and compensation committee member and chief executive officer for CabCorp, as division president for PepsiCo Beverages covering South America, Central America and the Caribbean, and in a variety of general management and financial positions for PepsiCo, The Burton Group (now Arcadia Group) in the United Kingdom, and Overseas Containers, Ltd. Mr. Dodds is a fellow member of the Institute of Chartered Management Accountants.

Brendan Hoffman

Mr. Brendan L. Hoffman is an Independent Director of Pier 1 Imports Inc. During fiscal 2015, Mr. Hoffman served as a member of the audit committee and compensation committee He brings to the board a broad retail background including experience in direct marketing, fulfillment and e-commerce operations. From February 2012 to September 2014, Mr. Hoffman served as president and chief executive officer of the Bon-Ton Stores, Inc. From October 2008 to February 2012, Mr. Hoffman served as president and chief executive officer of Lord & Taylor, a division of Hudson’s Bay Trading Company. Prior to that, Mr. Hoffman served six years as president and chief executive officer of Neiman Marcus Direct, where he oversaw the growth of neimanmarcus.com and the launch and growth of bergdorfgoodman.com. Mr. Hoffman held previous positions as vice president of Last Call Clearance Division at Neiman Marcus Stores, divisional merchandise manager of Bergdorf Goodman, Inc., a subsidiary of the Neiman Marcus Group, and divisional merchandise manager of Lord & Taylor, where he began his retail career in the executive training program. Mr. Hoffman serves on the advisory board of the Jay H. Baker Retailing Initiative at The Wharton School.

Cynthia McCague

Ms. Cynthia P. McCague serves as Independent Director of Pier 1 Imports, Inc., since October 17, 2013. During fiscal 2015, Ms. McCague served as a member of the compensation committee and the nominating and corporate governance committee. Ms. McCague is a soft drink industry executive who brings to the board over 35 years of human resources and public company leadership experience. She retired in 2010 as senior vice president, global human resources for The Coca-Cola Company, after a 28-year career. Prior to that role, she led the Human Resources functions for Coca Cola Beverages, listed on the London Stock Exchange and Coca-Cola Hellenic, listed on the Athens, Greece Stock Exchange. She previously served on the board of directors of Monster Worldwide, Inc. (NYSE) from May 2010 through May 2014, including serving on their compensation committee. Ms. McCague brings extensive experience in human resources and executive compensation to the board of directors. Her deep and broad global experience in consumer products gives the board a perspective on developing, marketing, merchandising and selling products in a fast moving consumer goods environment, as well as on strategy, talent and organizational development.

Michael Peel

Mr. Michael A. Peel serves as Independent Director of Pier 1 Imports, Inc., since October 17, 2013. During fiscal 2015, Mr. Peel served as a member of the compensation committee and nominating and corporate governance committee. He was elected a Yale University Officer in October 2008 and currently serves as vice president, human resources and administration. He brings to the board extensive human resources and broad business expertise and public company board experience. Previously Mr. Peel spent 17 years at General Mills, a global manufacturer and marketer of consumer food products, where he was last executive vice president of human resources and global business services. Mr. Peel originally joined General Mills as senior vice president, worldwide human resources in 1991. From 1977 to 1991, Mr. Peel served in various capacities for PepsiCo, Inc., including as senior vice president, human resources for PepsiCo Worldwide Foods from 1987 to 1991, and as senior vice president, human resources for the Pepsi-Cola Bottling Group from 1984 to 1987. Mr. Peel has served on the board of directors of Select Comfort Corporation since 2003 and is currently chair of its compensation and management development committee.

Ann Sardini

Ms. Ann M. Sardini is an Independent Director of Pier 1 Imports, Inc. During fiscal 2015, Ms. Sardini served as a member and chair of the audit committee. Her 20 plus years serving in senior financial management positions for branded consumer products and media companies brings an extensive multi-faceted experience to the board. Currently, she serves in a consulting and advisory capacity to early and mid-stage companies. From 2002 until her retirement in 2012, Ms. Sardini served as the chief financial officer of Weight Watchers International, Inc. She served as chief financial officer of Vitamin Shoppe.com, Inc. from 1999 to 2001, and as executive vice president and chief financial officer for the Children’s Television Workshop from 1995 to 1999. In addition, Ms. Sardini held finance positions ranging from controller to chief financial officer at QVC, Inc., Chris Craft Industries, and the National Broadcasting Company. Ms. Sardini currently serves on the board of directors of TreeHouseFoods, Inc. where she is lead independent director and serves on its compensation committee, and where she previously served as audit committee chair, and as a member of its nominating and governance committee. Ms. Sardini also currently serves on the advisory boards of LearnVest.com, and on the board of directors of Promise Project Fund for the City of New York.