News Column

COSI INC FILES (8-K) Disclosing Change in Directors or Principal Officers

June 12, 2014



ITEM 5.02 Departure of Directors or Certain Officers; Election of

Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.



On June 6, 2014, Robert Merritt notified the Board of Directors (the "Board") of Cosi, Inc. (the "Company") that he will not stand for re-election as a Director on the Board when his current term expires at the Company's 2014 Annual Meeting of Stockholders. Concurrently with the expiration of his term as a director, Mr. Merritt will resign all positions with the Board. Mr. Merritt has been a director of the Company since October 2005 and served as Chairman of the Board from November 4, 2008, until March 9, 2010. From March 12, 2007, to September 15, 2007, Mr. Merritt served as our Interim CEO and President, while continuing to serve as a director of the Company. Mr. Merritt's decision not to stand for re-election was not the result of a disagreement on any matter relating to the Company's operations, policies or practices.

--------------------------------------------------------------------------------


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Edgar Glimpses


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters