jjsf20200504_8k.htm
false 0000785956 0000785956 2020-05-01 2020-05-01
 
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): May 1, 2020
 
 
J&J SNACK FOODS CORP.
 
(Exact name of registrant as specified in its charter)
 
New Jersey 000-14616 22-1935537
(State or Other (Commission (I.R.S. Employer
Jurisdiction of Organization) File Number) Identification No.)
                                                                                                                                                                                                       
6000 Central Highway, Pennsauken, New Jersey 08109
(Address of principal executive offices) (Zip Code)
 
Registrant's telephone number, including area code: (856) 665-9533
 
N/A
(Former name or former address, if changed since last report)
 
Securities registered pursuant to Section 12(b) of the Exchange Act:
 
 
Title of Each Class  Trading Symbol(s)  Name of Each Exchange on Which Registered
Common Stock, no par value  JJSF The NASDAQ Global Select Market
             
                       
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
     Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2(b))
 
     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company  
 
          If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐
 
1

 
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
 
On May 1, 2020, Gerard Law resigned as Senior Vice President, Assistant to the President of J & J Snack Foods Corp.
 
On May 4, 2020, Dan Fachner, President and Chief Executive Officer of The ICEE Company, a wholly owned subsidiary of J & J Snack Foods Corp, was appointed President of J & J Snack Foods Corp. (“the Company”). Mr. Fachner, 60 years old, will remain President and Chief Executive Officer of The ICEE Company, a position he has held since August 1997.  There is no family relationship between Mr. Fachner and any director or other executive officer of the Company or any person nominated or chosen by the Company to become a director or executive officer that would be reportable under Item 404(a) of Regulation S-K.  There are no arrangements or understandings between Mr. Fachner and any other persons pursuant to which he was appointed as President of the Company. Mr. Fachner is not a party to any current or proposed transaction with the Company for which disclosure is required under Item 404(a) of Regulation S-K. There has been no material change to Mr. Fachner’s compensation arrangement as disclosed in the Company’s 2019 Proxy Statement under the caption “Management Remuneration”.
 
 
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
 
(c) Exhibits
 
Exhibit Number  Description of Document
   
99.1  Press Release dated May 4, 2020
   
104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
 
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SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
  J & J SNACK FOODS CORP.
   
  By:     /s/     Gerald B. Shreiber
   
   
 
Gerald B. Shreiber
President
   
   
  /s/     Dennis G. Moore
   
   
 
Dennis G. Moore
Chief Financial Officer
 
Date: May 4, 2020
 
3
ex_184420.htm

Exhibit 99.1

 

Contact: Dennis Moore

J&J Snack Foods Corp.

856-532-6603

dmoore@jjsnack.com 

FOR IMMEDIATE RELEASE

 

 

Dan Fachner Appointed President of  

 J & J Snack Foods Corp.

 

 

 

 

 

Pennsauken, NJ, May 4, 2020 - J & J Snack Foods Corp. (NASDAQ-JJSF) today announced that Dan Fachner, President and Chief Executive Officer of The ICEE Company , a wholly owned subsidiary of J & J Snack Foods Corp., has been appointed President of  J & J Snack Foods Corp, reporting to Gerald B. Shreiber, Chairman of the Board and Chief Executive Officer.  As President, Mr. Fachner will have responsibility for the entire business of J & J Snack Foods with all business heads reporting directly to him.   Mr. Fachner will remain as President and Chief Executive Officer of The ICEE Company.   

 

 

“Throughout Dan’s long history at J&J Snack Foods, he has built a reputation for team building, leadership, communication, employee engagement and integrity” said Mr. Shreiber. “His transition will be seamless, and I am highly confident that his acumen and talent will continue to lead us forward.”

 

Stated Mr. Fachner: “I am truly honored to have the opportunity to help guide and grow a great organization like J&J Snack Foods. I look forward to working with the team in place to help shape and mold the future. I believe the best is still yet to come.”

 

The Company also said that Gerard Law resigned as Senior Vice President, Assistant to the President effective May 1, 2020.

 

 

About The ICEE Company

Founded in 1967, The ICEE Company is the leader and innovator in the frozen beverage industry, offering the most comprehensive frozen beverage package and service network in the beverage and foodservice categories. The brand portfolio includes ICEE, SLUSH PUPPiE, ARCTIC BLAST , PARROT-ICE fruit smoothies, THELMA’s frozen lemonade, Nitro cold brew frozen coffee dispensed out of TWISTED CHILL by ICEE machines, and frozen cocktails. The ICEE Company is also a major service provider to the foodservice category through ICEE Managed Service. The ICEE Company is a subsidiary of J&J Snack Foods Corp. (NASDAQ-JJSF), and operates Service Centers throughout the United States, Mexico, Canada. ICEE is distributed globally across Europe, China, Central America, the GCC and Australia.

 

 

 

About J&J Snack Foods Corp.

J&J Snack Foods Corp. (NASDAQ: JJSF) is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice and retail supermarket outlets. Manufactured and distributed nationwide, its principal products include SUPERPRETZEL, the #1 soft pretzel brand in the world, as well as internationally known ICEE and SLUSH PUPPIE frozen beverages, LUIGI’S Real Italian Ice, MINUTE MAID* frozen ices, WHOLE FRUIT sorbet and frozen fruit bars, SOUR PATCH KIDS** Flavored Ice Pops, Tio Pepe’s & CALIFORNIA CHURROS, and THE FUNNEL CAKE FACTORY funnel cakes and several bakery brands. For more information, please visit http://www.jjsnack.com.

 

*MINUTE MAID is a registered trademark of The Coca-Cola Company

 

**SOUR PATCH KIDS is a registered trademark of Mondelçz International group, used under license.

 

Contact:

Dennis G. Moore

Dennis G. Moore, Senior Vice President

Chief Financial Officer (856) 532-6603

 
v3.20.1
Document And Entity Information
May 01, 2020
Document Information [Line Items]  
Entity, Registrant Name J&J SNACK FOODS CORP.
Document, Type 8-K
Document, Period End Date May 01, 2020
Entity, Incorporation, State or Country Code NJ
Entity, File Number 000-14616
Entity, Tax Identification Number 22-1935537
Entity, Address, Address Line One 6000 Central Highway
Entity, Address, City or Town Pennsauken
Entity, Address, State or Province NJ
Entity, Address, Postal Zip Code 08109
City Area Code 856
Local Phone Number 665-9533
Title of 12(b) Security Common Stock
Trading Symbol JJSF
Security Exchange Name NASDAQ
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity, Emerging Growth Company false
Amendment Flag false
Entity, Central Index Key 0000785956