Business Context and Reporting Period
This Form 8-K Current Report was filed by Brown Shoe Company, Inc. on September 10, 2013, regarding events occurring on September 5, 2013. The filing addresses a change in the company's senior management structure.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to corporate governance updates and does not contain financial performance data.
Material Changes
The primary material change reported is the appointment of a new Principal Accounting Officer. Daniel L. Karpel was appointed Senior Vice President and Chief Accounting Officer, effective September 5, 2013. Prior to this appointment, Russell C. Hammer, the Senior Vice President and Chief Financial Officer, served in this capacity.
Management Commentary and Risks
The filing provides biographical details regarding the new appointee, Daniel L. Karpel. He is 42 years old and joined the company in 2008 as Senior Vice President, Finance. His prior experience includes serving as Vice President and Controller for Kellwood Company (2006-2008) and holding financial leadership roles at Spartech Corporation, NuVox, and Ernst & Young LLP (1993-2006). No specific risks, contingencies, or unusual items are disclosed in this document.
Investor Verification Points
- Confirm the effective date of Daniel L. Karpel's appointment as September 5, 2013.
- Verify the transition of Principal Accounting Officer duties from Russell C. Hammer to Daniel L. Karpel.
- Note that this filing contains no financial results or forward-looking guidance.