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RT > SEC Filings for RT > Form 8-K on 26-Apr-2012All Recent SEC Filings

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Form 8-K for RUBY TUESDAY INC


26-Apr-2012

Change in Directors or Principal Officers, Financial Statements and Exhibits


ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On April 23, 2012, we hired Michael O. Moore (age 61) as our next Chief Financial Officer to replace Marguerite N. Duffy who previously announced she would retire from her position as our Chief Financial Officer as of June 5, 2012. Mr. Moore most recently served as Executive Vice President and Chief Financial Officer of Pamida Stores and Interim Chief Financial Officer of Kellwood, Inc., portfolio companies of Sun Capital Partners. Prior to his tenure with Sun Capital Partners, Mr. Moore served as Executive Vice President and Chief Financial Officer of Advanced Auto Parts. Additionally, Mr. Moore previously served as Executive Vice President and Chief Financial Officer of The Cato Corporation and as Senior Vice President and Chief Financial Officer of Bloomingdales. We also entered into a Separation Agreement with Mr. Moore that becomes effective on April 30, 2012 and continues in effect through April 29, 2015 (the "Employment Period") pursuant to which we agree to pay Mr. Moore a severance payment equal to one year of his then base salary in the event we terminate Mr. Moore's employment, other than for cause, prior to the completion of the Employment Period. In the event Mr. Moore's employment terminates for any other reason during the Employment Period, no severance shall be payable. A copy of the Separation Agreement is attached hereto as Exhibit 10.1



ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Description
10.1 Separation Agreement


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