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A.C. Moore CFO Marc Katz resigns; will move to private equity (AC Moore Arts & Craf)

Date : 16/06/2008 @ 14:17
Source : TFN
Stock : AC Moore Arts & Craf (ACMR)
Quote : 0.91  0.12 (15.19%) @ 01:00
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A.C. Moore CFO Marc Katz resigns; will move to private equity (AC Moore Arts & Craf)

        BOSTON (Thomson Financial) - A.C. Moore Arts & Crafts Inc. said Monday that
Marc Katz, the company's executive vice president and chief financial officer,
will resign effective June 27 and move to the private equity sector. 
    The company said it will conduct a search for a new finance chief and will
consider both internal and external candidates. 
    A.C. Moore named Michael G. Zawoysky, vice president of financial planning
and analysis, as acting CFO in the interim. The company also named Rodney B.
Schriver, vice president and controller, as principal accounting officer. 
    Shares of the Berlin, N.J.-based specialty retailer of arts and crafts
closed Friday at $7.97. 
Greg Saulnier
gs/pc

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