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): January 12, 2009
| TRANS WORLD ENTERTAINMENT CORPORATION | ||
| (Exact name of registrant as specified in its charter) | ||
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New York |
0-14818 |
14-1541629 |
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(State or other jurisdiction |
(Commission |
(I.R.S. Employer |
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of incorporation) |
File Number) |
identification No.) |
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38 Corporate Circle, Albany, New York |
12203 |
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(Address of principal executive offices) |
(Zip Code) |
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Registrant's telephone number, including
area code: (518) 452-1242 |
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None |
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(Former name or former address,
if changed since last report.) |
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ITEM 5.02. Departure of Directors and Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 12, 2009, Trans World Entertainment Corporation (the “Company”) announced that Bryant Riley has been appointed to the Company’s Board of Directors, replacing Martin Hanaka, who retired from the Board as of the same date. Mr. Hanaka had been serving as the Chairman of the Compensation Committee and was a member of the Audit and Nominating Committees.
Mr. Riley is currently the Managing Member and founder of Riley Investment Management LLC and founder and Chairman of B. Riley & Co., LLC, a Southern California-based brokerage and investment banking firm providing research and trading ideas primarily to institutional investors since 1997. Riley Investment Management LLC is an investment adviser, which provides investment management services, and is the general partner of Riley Investment Partners Master Fund, L.P. Mr. Riley is also a director of Aldila, Inc., Alliance Semiconductor Corporation, DDi Corp., and lcc International, Transmeta, and Silicon Storage.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) EXHIBITS. The following are furnished as Exhibits to this Report:
| Exhibit | ||||
No. |
Description
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99.1 |
Trans World Entertainment Corporation Press
Release dated January 12, 2009. |
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2
SIGNATURES
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 thereunto duly authorized.
| TRANS WORLD ENTERTAINMENT CORPORATION | ||||||
| Date: January 13, 2009 | /s/ John J. Sullivan | |||||
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John J. Sullivan |
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Executive Vice President-Finance, Chief |
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Financial Officer and Secretary |
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3
EXHIBIT INDEX |
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| Exhibit | ||||
No. |
Description
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99.1 |
Trans World Entertainment
Corporation Press Release dated January 12, 2009. |
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