Global Apparel Market – An Overview | Watch NOW! | Ad
Home / Knowledge / News / Fashion / Finish Line Board Chairman welcomes Norm to its Board
Finish Line Board Chairman welcomes Norm to its Board
Jul '09
The Board of Directors of The Finish Line Inc announced Norman H. Gurwitz as a new Director and announced that Director and company co-founder David I. Klapper will retire from the Board effective immediately.

Gurwitz, 62, is an advisor to Emmis Communications Corporation, owner and operator of radio stations and magazines throughout the U.S. and Europe. He has been with Emmis since 1986, serving as Vice President, Corporate Counsel and Director of Human Resources. Prior to joining Emmis, Gurwitz was with the Internal Revenue Service in Washington, D.C. for four years and was in private corporate legal practice in Indianapolis for 10 years. Gurwitz will serve on the Audit Committee and Compensation Committee for a term that expires at Finish Line's 2010 annual meeting.

Gurwitz received his bachelor's and juris doctor degrees from Indiana University and earned a master of law degree in taxation from Georgetown University School of Law. He serves on the Board of Visitors of the Indiana University School of Law in Indianapolis.

As Gurwitz joins the Finish Line Board of Directors, David I. Klapper, 60, has advised the company that he will step down as a Director effective immediately. Klapper, who was one of the original co-founders of The Finish Line in 1976, has been a member of the company's Board of Directors since 1982 and served as an executive with Finish Line through 2008.

"I'm pleased to welcome Norm to our Board and look forward to benefitting from his decades of experience and fresh insights at this important time in the company's evolution," said Board Chairman and company co-founder Alan Cohen. "In addition, on behalf of the Board and everyone at the company, I want to express sincere thanks and appreciation to David for his many contributions as a co-founder and executive of the company and as a Board member. David played an integral role over the years in our company's success and has all of our best wishes for the future."

Governance and Nominating Committee Established
In addition to the Director changes, the Finish Line Board of Directors today established a Governance and Nominating Committee. The new committee will be chaired by independent Director Stephen Goldsmith, who was also named Lead Director of the Board today. Goldsmith has been a member of the company's Board since 1999.

Quarterly Cash Dividend Declared
The Finish Line Board of Directors today declared a quarterly cash dividend of $0.03 per share of Class A and Class B common stock. The quarterly cash dividend will be payable on September 15, 2009, to shareholders of record as of August 28, 2009.

Finish Line Inc

Must ReadView All

Courtesy: Pexels

Textiles | On 19th Sep 2018

Punitive PRC tariffs on US goods has extra 5% on textiles

Responding to Washington’s latest duty increase in a dispute with...

Courtesy: Tecnorama

Textiles | On 19th Sep 2018

'Reliability & excellent quality are Tecnorama’s USP'

The complete reliability and excellent quality of Tecnorama systems...

Courtesy:  Stanislav Kondratiev on Unsplash

Apparel/Garments | On 19th Sep 2018

AAFA questions US tariffs on $200 bn Chinese goods

The American Apparel & Footwear Association (AAFA) has questioned...

Interviews View All

Angelina Francesca Cheang, MY ANJE

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Frank Gossmann, Rotorcraft AG

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Awen Delaval, Samatoa

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Akshat Chaudhary,

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Rikesh Mistry,

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Georg Reinhold, Trützschler  Nonwovens & Man-Made Fibers

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

Dave Rousse, INDA

Dave Rousse

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on

Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

September 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search