Eminence Capital nominates two Jos. A. Bank board members
New York -- Eminence Capital, which owns 4.9% of the common stock of Jos. A. Bank Clothiers and has been pushing for a deal between the retailer and rival Men’s Wearhouse, has nominated two industry veterans for election as directors to the board at Jos. A. Bank's annual meeting. The nominees include: Bruce J. Klatsky, former chairman of Phillips-Van Heusen Corporation, a position he held from 1994 until June 2007, and Norman S. Matthews, former president of Federated Department Stores and active and former board member of other retail and consumer companies.
"We are very pleased that these two highly experienced retail executives have agreed to stand for election as independent directors at the 2014 meeting of Jos. A. Bank shareholders,” said Ricky C. Sandler, CEO of Eminence Capital. “Their knowledge and success in the retail industry as well as their commitment to maximizing shareholder value have been clearly evident throughout their long and distinguished careers.”