Citi Trends appoints two new independent directors to board

Citi Trends Inc

Cara Sabin (CEO of Sundial Brands) and Christina Francis (President of Magic Johnson Enterprises) elected to board effective Oct 31, 2021.
Board expanded to 9 members; 7 independent directors plus Executive Chairman Peter Sachse and CEO David Makuen.
Each new director granted 583 shares of restricted stock, vesting on first anniversary of grant.
Both will serve on audit, compensation, nominating & governance, and corporate social responsibility committees.
Appointments increase diversity: 3 of 7 independent directors are African American females.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Christina M. Francis

Director

CTRN · Citi Trends Inc

Effective: 2021-10-31
Filed: October 25, 2021, 7:59 PM ET

On October 20, 2021, the Board of Directors of Citi Trends, Inc. (the “Company”) increased the size of the Board of Directors to nine members and elected Cara Sabin and Christina M. Francis to the Board of Directors to serve as directors for a term effective October 31, 2021 until the Company’s 2022 annual meeting of stockholders.

Appointed

Cara Sabin

Director

CTRN · Citi Trends Inc

Effective: 2021-10-31
Filed: October 25, 2021, 7:59 PM ET

On October 20, 2021, the Board of Directors of Citi Trends, Inc. (the “Company”) increased the size of the Board of Directors to nine members and elected Cara Sabin and Christina M. Francis to the Board of Directors to serve as directors for a term effective October 31, 2021 until the Company’s 2022 annual meeting of stockholders.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christina M. Francis was elected as Director at Citi Trends Inc.

Action: elected
Role: Director

Exact text from the filing

On October 20, 2021, the Board of Directors of Citi Trends, Inc. (the “Company”) increased the size of the Board of Directors to nine members and elected Cara Sabin and Christina M. Francis to the Board of Directors to serve as directors for a term effective October 31, 2021 until the Company’s 2022 annual meeting of stockholders.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Cara Sabin was elected as Director at Citi Trends Inc.

Action: elected
Role: Director

Exact text from the filing

On October 20, 2021, the Board of Directors of Citi Trends, Inc. (the “Company”) increased the size of the Board of Directors to nine members and elected Cara Sabin and Christina M. Francis to the Board of Directors to serve as directors for a term effective October 31, 2021 until the Company’s 2022 annual meeting of stockholders.

View on SEC.gov

Citi Trends Inc filing history →

Source: SEC EDGAR

accession 0001104659-21-129521

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