EVP and CFO of DSW Inc. Douglas J. Probst Sold 28,347 Shares
EVP and CFO of DSW Inc. (DSW) Douglas J. Probst sold 28,347 shares on July 10, 2013 at an average price of $78.26. The total transaction amount was $2,218,436.
In March 2005, Douglas J. Probst joined DSW Inc. Currently, he serves as the company’s executive vice president and chief financial officer. Before coming to DSW, Probst served as various positions at Tween Brands such as vice president of finance and controller, vice president finance, and vice president financial analysis and store control.
Also, EVP and CFO Douglas Probst and other officers and directors together sold a total of 60,535 DSW stock in March, April and July.
GuruFocus Guru Meridian Funds, who has kept their position in DSW unchanged or slightly adjusted, owns 481,000 shares of stock as of March 31, 2013.
DSW Inc. announced their 2013 first quarter financial results. The company reported net income of $34.5 million and revenues of $601.4 million.