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COLM > SEC Filings for COLM > Form 8-K on 15-Aug-2012All Recent SEC Filings

Show all filings for COLUMBIA SPORTSWEAR CO | Request a Trial to NEW EDGAR Online Pro

Form 8-K for COLUMBIA SPORTSWEAR CO


15-Aug-2012

Change in Directors or Principal Officers


ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

(b)

On August 15, 2012 Michael W. McCormick indicated his intent to terminate his position as Columbia Sportswear Company's (the "Company") Executive Vice President of Global Sales and Marketing, and, for personal reasons, he will terminate employment with the Company. Timothy Boyle, the Company's President and Chief Executive Officer, will be assuming Mr. McCormick's former duties on an interim basis.

Upon termination and subject to Mr. McCormick's agreement to release any claims against the Company and various other conditions, Mr. McCormick will be entitled to receive compensation and other specified benefits in accordance with the Company's Change In Control Severance Plan.

(e)

The information set forth under Item 5.02(b) above relating to the severance benefits payable to Mr. McCormick, subject to the terms of the Company's Change In Control Severance Plan, is incorporated into this Item 5.02(e) by reference.


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