Cache Inc. (CACH, Financial) filed Amended Annual Report for the period ended 2010-01-02.
Cache Inc. has a market cap of $85.2 million; its shares were traded at around $6.68 with and P/S ratio of 0.4. CACH is in the portfolios of Michael Price of MFP Investors LLC, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.
Mr. Reinckens new employment agreement is substantially similar to his prior agreement, and that agreement formed the basis for the terms of the new agreement. Mr. Reinckens' annual salary increased to $600,000 in January 2008, from $530,000, when he became Chief Executive Officer. The Compensation Committee based Mr. Reinckens' salary on the salary of his predecessor and the nature of his new duties. In November 2008, Mr. Reinckens voluntarily lowered his annual salary to $570,000, due to the impact of macro-economic conditions on the Company's performance; he continues to be compensated at this level.
Mr. Reinckens' and Ms. Feeney's Fiscal 2008 base salary was increased over Fiscal 2007 levels due to their increased responsibilities. Mr. and Mrs. Kantor's Fiscal 2009 base salaries were as provided for in their employment agreements entered into during Fiscal 2007. Beginning on November 25, 2008, Mr. Reinckens and Ms. Feeney voluntarily lowered their respective base salaries to $570,000 and $294,500, respectively, due to the impact of macroeconomic conditions on the Company's performance; both continue to be compensated at these levels. Ms. Farhang began employment on November 16, 2009.
a hiring bonus of $150,000 paid to Ms. Farhang and a hiring bonus of $40,000 for one officer, who is not a named executive officer.
Read the The complete Report
Cache Inc. has a market cap of $85.2 million; its shares were traded at around $6.68 with and P/S ratio of 0.4. CACH is in the portfolios of Michael Price of MFP Investors LLC, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.
Highlight of Business Operations:
The aggregate market value of voting stock held by non-affiliates of the registrant was approximately $39 million as of June 27, 2009, the last business day of the registrant's most recently completed second fiscal quarter, based upon the closing sale price of $3.65 of the registrant's Common Stock as reported on The Nasdaq National Market on such date. Shares of Common Stock held by each executive officer and director and by each person who owns 10% or more of the outstanding Common Stock have been excluded in that such persons may be deemed to be affiliates. This determination of affiliate status is not necessarily conclusive for other purposes.Mr. Reinckens new employment agreement is substantially similar to his prior agreement, and that agreement formed the basis for the terms of the new agreement. Mr. Reinckens' annual salary increased to $600,000 in January 2008, from $530,000, when he became Chief Executive Officer. The Compensation Committee based Mr. Reinckens' salary on the salary of his predecessor and the nature of his new duties. In November 2008, Mr. Reinckens voluntarily lowered his annual salary to $570,000, due to the impact of macro-economic conditions on the Company's performance; he continues to be compensated at this level.
Mr. Reinckens' and Ms. Feeney's Fiscal 2008 base salary was increased over Fiscal 2007 levels due to their increased responsibilities. Mr. and Mrs. Kantor's Fiscal 2009 base salaries were as provided for in their employment agreements entered into during Fiscal 2007. Beginning on November 25, 2008, Mr. Reinckens and Ms. Feeney voluntarily lowered their respective base salaries to $570,000 and $294,500, respectively, due to the impact of macroeconomic conditions on the Company's performance; both continue to be compensated at these levels. Ms. Farhang began employment on November 16, 2009.
a hiring bonus of $150,000 paid to Ms. Farhang and a hiring bonus of $40,000 for one officer, who is not a named executive officer.
Read the The complete Report
