Eddie Bauer Holdings, Inc. said Tony Krohn, formerly of The North Face, has joined the retailer as Divisional Vice President of Research, Design and Development for Outerwear, Activewear and Gear. At the same time, Joe Moji joins the Company as Divisional Vice President of Financial Planning and Analysis.
“I am thrilled with the addition of Tony and Joe to our management team,” commented Neil Fiske, President and Chief Executive Officer. “They are both well respected, high impact players who will strengthen our capability in two critical areas.”
Krohn received an inducement grant to join the company of 6,375 stock options, exercisable at $5.64 per option and vesting pro rata over four years, and 5,643 restricted stock units, vesting after four years of service. Mr. Moji received an inducement grant to join the company of 6,375 stock options, exercisable at $5.64 per option, and vesting pro rata over four years, and 2,125 restricted stock units, vesting after four years of service. These awards constitute inducement awards under NASDAQ Marketplace Rule 4350 (i).
Eddie Bauer operates approximately 360 stores.
