Refac (AMEX:REF)
Historical Stock Chart
From May 2019 to May 2024
Refac Optical Group (AMEX: REF) today announced that its employment
agreement with Robert L. Tuchman, its Senior Vice President and General
Counsel, will terminate on December 31, 2006, and will not be renewed.
In addition, Mr. Tuchman has resigned from the Company’s
Board of Directors.
Commenting on his resignation, Mr. Tuchman said, “I
have enjoyed my time as an officer and director of Refac, but now plan
to pursue other options. I wish my fellow Board members and management
continued success in the future.”
Clark Johnson, the Chairman of Refac’s Board,
said, “The Board of Directors and I want to
acknowledge and express our appreciation for Bob’s
many contributions during his tenure as an officer and director of the
Company. Bob has dedicated substantial time and effort to the Company.
We will miss him and wish him the best in his future endeavors.”
The Company has entered into an agreement with Mr. Tuchman regarding his
departure. Further information is included in the Current Report on Form
8-K filed today.
About Refac Optical Group
Refac Optical Group, a leader in the retail optical industry and the
sixth largest retail optical chain in the United States, operates 531
retail locations in 47 states and Canada, consisting of 508 licensed
departments, five freestanding stores, 18 eye health centers and
professional optometric practices, two surgery centers, one of which is
a laser correction center, and two manufacturing laboratories. Of the
508 licensed departments, 349 are located at JCPenney stores, 63 at
Sears, 25 at Macy’s department stores, 28 at
Boscov’s department stores, and 30 at The Bay.
These licensed departments are full-service retail vision care stores
that offer an extensive selection of designer brands and private label
prescription eyewear, contact lenses, sunglasses, ready-made readers and
accessories.
Refac Optical Group (AMEX: REF) today announced that its
employment agreement with Robert L. Tuchman, its Senior Vice President
and General Counsel, will terminate on December 31, 2006, and will not
be renewed. In addition, Mr. Tuchman has resigned from the Company's
Board of Directors.
Commenting on his resignation, Mr. Tuchman said, "I have enjoyed
my time as an officer and director of Refac, but now plan to pursue
other options. I wish my fellow Board members and management continued
success in the future."
Clark Johnson, the Chairman of Refac's Board, said, "The Board of
Directors and I want to acknowledge and express our appreciation for
Bob's many contributions during his tenure as an officer and director
of the Company. Bob has dedicated substantial time and effort to the
Company. We will miss him and wish him the best in his future
endeavors."
The Company has entered into an agreement with Mr. Tuchman
regarding his departure. Further information is included in the
Current Report on Form 8-K filed today.
About Refac Optical Group
Refac Optical Group, a leader in the retail optical industry and
the sixth largest retail optical chain in the United States, operates
531 retail locations in 47 states and Canada, consisting of 508
licensed departments, five freestanding stores, 18 eye health centers
and professional optometric practices, two surgery centers, one of
which is a laser correction center, and two manufacturing
laboratories. Of the 508 licensed departments, 349 are located at
JCPenney stores, 63 at Sears, 25 at Macy's department stores, 28 at
Boscov's department stores, and 30 at The Bay. These licensed
departments are full-service retail vision care stores that offer an
extensive selection of designer brands and private label prescription
eyewear, contact lenses, sunglasses, ready-made readers and
accessories.