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) March 12,
2008
Hibbett Sports,
Inc.
(Exact
Name Of Registrant As Specified In Its Charter)
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Delaware
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000-20969
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20-8159608
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(State
of Incorporation)
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(Commission
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(IRS
Employer
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File
Number)
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Identification
No.)
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451
Industrial Lane
Birmingham,
Alabama 35211
(Address
of principal executive offices)
(205)
942-4292
(Registrant’s
telephone number, including area code)
Not
Applicable
(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 of the registrant under any of the following
provisions:
□ 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))
Item
5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(b) Director
not Standing for Re-election
On March
12, 2008, current Board member Clyde B. Anderson informed the Company that he
will not stand for re-election at the 2008 Annual Shareholders Meeting when his
term expires. Mr. Anderson has been on the Company’s Board of
Directors since 1987 and serves as chairman of the Nominating and Corporate
Governance Committee.
(d) Appointment
of Directors
On March
14, 2008, the Board appointed Messrs. Albert C. Johnson and Terrance G. Finley
to the Company’s Board of Directors effective immediately. Mr.
Johnson will serve as a Class III Director, and Mr. Finley will serve as a Class
I Director. At this time, a
determination has not been made regarding the Board committees on which the new
directors may serve. The two new additions bring the Board’s current
membership to eight directors. A copy of the press release is
attached to this Form 8-K as Exhibit 99.1 and is incorporated herein by this
reference.
Mr.
Johnson has served as a financial consultant since 1998. Prior to
that time, he served as Senior Vice President and Chief Financial Officer for
Birmingham-based Dunn Investment Company, a privately owned construction
company. Mr. Johnson began his career with Arthur Andersen, where he served for
nearly 25 years in positions of increasing responsibility, culminating in
managing partner and Audit Division head for the Birmingham, Alabama office. Mr.
Johnson, a CPA, received his MS in Systems Management from the University of
Southern California and a BS in Accounting from Florida State University. He
currently serves as chairman of the Audit Committee for Books-A-Million,
Inc.
Mr.
Finley is currently President of the merchandising group at Books-A-Million,
Inc., where he is responsible for all of the company’s merchandising, marketing,
publishing, import and internet activities. A 30-year veteran of the book
industry, Mr. Finley has led several of Books-A-Million’s business units and has
served with the company for nearly 20 years. He was previously with Smithmark
Publishers, Crown Publishers and Rich’s Department Store. Mr. Finley graduated
from Auburn University.
Item
7.01. Regulation FD Disclosure.
A copy of
a press release relating to Mr. Clyde B. Anderson’s decision not to stand for
re-election to the Board and the appointment of Messrs. Albert C. Johnson and
Terrance G. Finley to the Company’s Board of Directors is attached to this
report as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item, including
Exhibit 99.1 attached hereto, shall not be deemed “filed” for the purposes of
Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the
liabilities of that section. It may be incorporated by reference in
another filing under the Exchange Act or Securities Act of 1933 if such
subsequent filing specifically references this Form 8-K.
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No.
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Description
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99.1
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Press
Release Dated March 17, 2008
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SIGNATURE
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.
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HIBBETT
SPORTS, INC.
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By:
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/s/
Gary A. Smith
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Gary
A. Smith
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Vice
President and Chief Financial
Officer
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March 17,
2008
EXHIBIT
INDEX
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Exhibit No.
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Description
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99.1
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Press
Release Dated March 17, 2008
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