x

Posted 28 September, 2022

KIRKLAND'S, INC appointed new CEO

CEO Change detected for ticker Nasdaq:KIRK in a 8-K filed on 28 September, 2022.


  Pursuant to a letter delivered by Jeffery C. Owen to Kirkland's, Inc. (the "Company") on September 27, 2022, Mr. Owen resigned from the Board of Directors of the Company, effective immediately. Mr. Owen will become the Chief Executive Officer of Dollar General on November 1, 2022, and according to his letter, his decision to resign is the result of his desire to focus his attention on his new and expanded responsibilities at Dollar General.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of KIRKLAND'S, INC
Retail/Wholesale • Home Goods Retail
Kirkland's, Inc. operates as a retailer of home decor and gifts in the United States. Its stores present a selection of merchandise, including framed art, mirrors, wall decor, candles and related items, lamps, decorative accessories, accent furniture, textiles, garden-related accessories and artificial floral products. The firm also offers an extensive assortment of holiday merchandise during seasonal periods. The company was founded by Carl T. Kirkland in 1966 and is headquartered in Brentwood, TN.
Market Cap
$16.9M
View Company Details
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Pursuant to a letter delivered by Jeffery C. Owen to Kirkland's, Inc. (the "Company") on September 27, 2022, Mr. Owen resigned from the Board of Directors of the Company, effective immediately. Mr. Owen will become the Chief Executive Officer of Dollar General on November 1, 2022, and according to his letter, his decision to resign is the result of his desire to focus his attention on his new and expanded responsibilities at Dollar General. Mr. Owen said his decision to resign was not the result of any disagreement with the Company's operations, policies or procedures.


Mr. Owen served on the Company's Governance and Nominating Committee, and following his resignation, the Governance and Nominating Committee will continue to have three independent members.


A copy of Mr. Owen's letter is filed as Exhibit 17.1 hereto.