Attached files
| file | filename |
|---|---|
| EX-10.1 - RxBids | v211616_ex10-1.htm |
UNITED
STATES
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): February 9, 2011
Xsovt
Brands, Inc.
(Exact
name of registrant as specified in Charter)
|
Nevada
|
000-53373
|
20-1226081
|
|
(State
of other Jurisdiction of incorporation)
|
(Commission
file no.)
|
(IRS
employer identification no.)
|
|
18-B
Neal Court
Oceanside,
NY
|
11572
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: (516) 740-2929
n/a
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation to the registrant under any of the following
provisions:
o Written communications
pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
o Soliciting material
pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item
5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
On
February 9, 2011, the Board of Directors of the Xsovt Brands, Inc. (the “Company”) appointed Arthur E.
(Arte) Nathan as Executive Vice President and Chief People Officer of the
Company. Mr. Nathan will be responsible for establishing and managing
all human resource protocols and procedures for the Company, including hiring,
training and employee relations, and will also assist the Company’s President
and Chief Executive Officer in directing the overall business operations of the
Company. Mr. Nathan’s biographical information appears
below:
Arthur E. (Arte) Nathan, 60,
was appointed as the Company’s Executive Vice President and Chief People Officer
on February 9, 2011. Mr. Nathan is one of the foremost human resource
professionals in the United States. From 2009 to the present, he has
acted as the President and Chief Operating Officer of Strategic Development
Worldwide, a management consulting firm. From 1983 to 2006, Mr.
Nathan directed the human resources programs for casino impresario Steve Wynn,
rising to the position of Senior Vice President and Chief of Human Resources for
Wynn Resorts, Ltd. (NASDAQ:WYNN). During his tenure with Wynn, Mr.
Nathan developed and implemented human resource programs at properties including
the Golden Nugget, Mirage, Treasure Island, Bellagio and the Wynn Resorts
properties in Las Vegas and Macau. From 2006 to 2009, he served as
Vice President of Human Resources of the Resort Property Division of The Irvine
Company, a privately held real estate investment company. Mr. Nathan has
been granted the Award for Professional Excellence by the Society of Human
Resource Management and has chaired the Nevada Governor’s Workforce Investment
Board. He currently also serves on the Advisory Boards of the Cornell
School of Industrial and Labor Relations the Collins College of Hospitality
Management at Cal Poly Pomona. Mr. Nathan holds a B.S. degree in
Industrial and Labor Relations from Cornell University.
Also on
February 9, 2011, the Company and Mr. Nathan executed an offer letter setting
for the terms of Mr. Nathan’s employment with the Company. Such offer
letter is subject to the execution of a definitive employment
agreement. The terms of Mr. Nathan’s compensation and benefits are
set forth in such offer letter, which is filed as Exhibit 10.1 to this Report
and is incorporated herein by reference.
Item
9.01. Financial Statements and Exhibits
|
(d)
|
Exhibits
|
|
Exhibit
No.
|
Description
|
|
|
10.1
|
Offer
Letter, dated February 9, 2011, between the Company and Arthur E.
Nathan.
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
|
February
15, 2011
|
XSOVT BRANDS,
INC.
|
||
|
|
By:
|
/s/ Avi Koschitzki | |
| Name: Avi Koschitzki | |||
| Title: President and Chief Executive Officer | |||