UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 30, 2007
I.C. ISAACS & COMPANY, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-23379 52-1377061
(State or other jurisdiction of (Commission File (IRS Employer
incorporation or organization) Number) Identification No.)
475 10th Avenue, 9th Floor, New York, NY 10018
(Address, including zip code, of principal executive offices)
(646) 459-2600
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On November 30, 2007, Gregg A. Holst resigned as Chief Financial Officer ("CFO")
of I.C. Isaacs & Company, Inc. (the "Company"), effective immediately.
On December 3, 2007, Timothy J. Tumminello, age 50, was appointed to the
position of Interim Principle Financial Officer of the Company, effective
immediately. Mr. Tumminello has served as the Company's Controller since May
2000 and as a Vice President since March 2005, and he will continue to serve in
these capacities. He started his employment with the Company in May 1997,
serving as the Assistant Controller until July 1999. From July 1999 until May
2000, he served as CFO of Graphtec, Inc., a subsidiary of Consolidated Graphics,
Inc. Mr. Tumminello was employed in the Baltimore office of Deloitte & Touche
LLP from January 1991 until May 1997. Mr. Tumminello is a certified public
accountant.
The terms of Mr. Tumminello's compensation arrangement are unavailable as of the
date of this filing and will be provided in an amendment to this Form 8-K within
four (4) business days of the time in which such information becomes available.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
I.C. Isaacs & Company, Inc.
Date: December 3, 2007 By: /s/ Timothy J. Tumminello
---------------------------------------
Timothy J. Tumminello
Vice President, Controller &
Interim Principle Financial Officer