DWRI » Topics » Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

This excerpt taken from the DWRI 8-K filed May 16, 2005.

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

 

On May 16, 2005, Design Within Reach, Inc. (the “Company”) appointed Ken La Honta, 49, as its Chief Financial Officer. Prior to joining the Company, from April 2004 to May 2005, Mr. La Honta served as CFO of Dockers U.S., from August 2003 to April 2004, he served as CFO of Levi Strauss North America, and from July 2002 to July 2003, he served as Controller of Levi Strauss North America. From June 1999 to May 2002, Mr. La Honta served as the CFO of 800.com, a home entertainment and consumer electronics e-commerce business. Mr. La Honta earned a Bachelor’s degree at the University of California, Berkeley and is a Certified Public Accountant.

 

The Company is party to an offer of employment letter dated April 14, 2005 with Mr. La Honta. The letter provides that within one year of a change of control of the Company, if Mr. La Honta is terminated for any reason other than for cause, all of his unvested options shall become immediately vested and exercisable and Mr. La Honta would be paid twelve months base salary as a salary continuance. The letter also provides that if the Company terminates the employment of Mr. La Honta for any reason other than for cause, he would be paid twelve months base salary as a salary continuance.

 

This excerpt taken from the DWRI 8-K filed Jan 24, 2005.

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

 

On January 24, 2005, Design Within Reach, Inc. (the “Company”) issued a press release announcing the resignation of David Barnard, the Company’s Chief Financial Officer. A copy of this press release is attached hereto as Exhibit 99.1.

 

EXCERPTS ON THIS PAGE:

8-K
May 16, 2005
8-K
Jan 24, 2005
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