UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) March 12, 2010
|
MOVADO GROUP, INC. |
|
|
(Exact name of registrant as specified in its charter) |
|
|
|
|
|
(State or other jurisdiction of incorporation) |
|
|
|
|
|
(Commission File Number) |
(I.R.S. Employer Identification No.) |
|
|
|
|
(Address of principal executive offices) |
(Zip Code) |
|
(201) 267-8000 |
|
(Registrant’s telephone number, including area code) |
|
NOT APPLICABLE |
|
(Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|
|
o |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
o |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
o |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
|
|
o |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
| ITEM 5.02. | DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. |
(b) On March 12, 2010, Efraim Grinberg resigned as President of Movado Group, Inc. (the “Company”), effective immediately. Mr. Grinberg continues to serve as Chairman of the Board of Directors and Chief Executive Officer of the Company.
(c) The Board of Directors of the Company promoted Rick Coté to President, in addition to his responsibilities as Chief Operating Officer, effective March 12, 2010. Mr. Coté joined the Company in January 2000 and has served as Executive Vice President and Chief Operating Officer since May 2001.
All elements of Mr. Grinberg’s and Mr. Coté’s compensation remain unchanged at this time.
A copy of the Company’s related press release is attached hereto as Exhibit 99.1.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
|
|
(d) |
Exhibits. |
||
|
|
|
|
||
|
|
Exhibit No. |
Description | ||
|
|
99.1 |
|
Press Release issued March 15, 2010 |
|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 16, 2010
|
|
MOVADO GROUP, INC. |
|
|
|
|
|
|
|
Name: |
Timothy F. Michno |