People: Trans World Entertainment Corp (TWMC.W)

TWMC.W on CBOE When Trading NASDAQ Global Select Market

3.74USD
20 Mar 2013
Price Change (% chg)

$0.33 (+9.68%)
Prev Close
$3.41
Open
$3.75
Day's High
$3.75
Day's Low
$3.74
Volume
200
Avg. Vol
11
52-wk High
$3.77
52-wk Low
$2.12

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Summary

Name Age Since Current Position

Robert Higgins

71 2005 Chairman of the Board, Chief Executive Officer

John Anderson

43 2013 Chief Financial Officer, Principal Accounting Officer

Bruce Eisenberg

52 2001 Executive Vice President - Real Estate

Stephen Murray

50 2010 Vice President - IT and Supply Chain

Isaac Kaufman

66 1991 Independent Director

Joseph Morone

60 2010 Presiding Independent Director

Michael Nahl

71 2010 Independent Director

Michael Solow

53 1999 Independent Director

Biographies

Name Description

Robert Higgins

Mr. Robert J. Higgins is Chairman of the Board, Chief Executive Officer of Trans World Entertainment Corporation. He founded the Company in 1972, and he has participated in its operations since 1973. Mr. Higgins has served as Chairman and Chief Executive Officer of the Company for more than the past five years. He is also the Company’s principal shareholder.

John Anderson

Mr. John Anderson serves as Chief Financial Officer, Principal Accounting Officer of Trans World Entertainment Corporation. He has been appointed as the Chief Financial Officer of the Company with effect from February 3, 2013. He has served in positions of increasing responsibility at Trans World for over 18 years, most recently serving as Acting Chief Financial Officer and Principal Accounting Officer. He has also served in positions of increasing responsibility at Trans World for over 18 years, most recently serving as Controller. As Chief Financial Officer, Mr. Anderson will lead Trans World Entertainment’s financial planning and financial reporting divisions.

Bruce Eisenberg

Mr. Bruce J. Eisenberg is Executive Vice President - Real Estate of Trans World Entertainment Corporation. since 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.

Stephen Murray

Mr. Stephen J. Murray is Vice President - IT and Supply Chain of Trans World Entertainment Corporation. Prior to joining the Company he served as Vice President of IT for Bernie’s TV and Appliances from 2007 to 2010. Previously, Mr. Murray was the Vice President of IT for Platform Learning and Vice President of Application Development for Bed Bath and Beyond for six years.

Isaac Kaufman

Mr. Isaac Kaufman is Independent Director of Trans World Entertainment Corporation. He a Certified Public Accountant, has been Chief Financial Officer and Senior Vice President of Advanced Medical Management Inc., a manager of medical practices and an outpatient surgical center, since September 1998. Mr. Kaufman serves as a Director of Kindred Healthcare, Inc., which operates nursing centers and long-term acute care hospitals and Hanger Orthopedics, which operates Orthotics and Prosthesis patient care centers. Mr. Kaufman’s key experience, qualifications and skills include accounting, auditing, disclosure, risk management and finance matters, specifically his experience as the chairperson of the audit committee of Kindred Healthcare, Inc. and Hangar Orthopedics, as well as his experience in specialty retailing. Mr. Kaufman brings over 45 years of cumulative experience.

Joseph Morone

Dr. Joseph G. Morone is Presiding 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 College. Previously, Dr. Morone was the Dean of Rensselaer Polytechnic Institute’s Lally School of Management and Technology from July 1993 to July 1997. Prior to his appointment as dean, Dr. Morone held the Andersen Consulting Professorship of Management and was Director of the School of Management’s Center for Science and Technology Policy. 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.

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 joined Albany International Corp. in 1981 as Group Vice President, Corporate, and, prior to appointment his most recent to that position, he was Senior Vice President and Chief Financial Officer. Mr. Nahl is currently a director of Lindsay Corporation and of Graftech International LTD. and was a member of JPMorgan Chase and Company’s Regional Advisory Board from 1996 through 2010. He is Managing Director of MCN Asset Management, LLC.

Michael Solow

Mr. Michael B. Solow is Independent Director of Trans World Entertainment Corporation. He is the Co-Chairman and Managing Partner of the Chicago office 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 and Co-Chairman of the Corporate Restructuring Practice Group. 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.

Basic Compensation

Name Fiscal Year Total

Robert Higgins

2,662,570

John Anderson

--

Bruce Eisenberg

795,000

Stephen Murray

--

Isaac Kaufman

--

Joseph Morone

--

Michael Nahl

--

Michael Solow

--
As Of 27 Jan 2012

Options Compensation

Name Options Value

Robert Higgins

4,675,000 1,520,000

John Anderson

0 0

Bruce Eisenberg

922,573 652,442

Stephen Murray

0 0

Isaac Kaufman

0 0

Joseph Morone

0 0

Michael Nahl

0 0

Michael Solow

0 0
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