Trans World Entertainment Corporation Comments on Mark R. Higgins’ Preliminary Proxy Statement
TRANS WORLD ENTERTAINMENT (TWMC)
US:NASDAQ Investor Relations:
twec.com
Company Research
Source: GlobeNewswire
ALBANY, N.Y., May 28, 2019 (GLOBE NEWSWIRE) -- Trans World Entertainment Corporation (Nasdaq: TWMC) (the “Company”) today issued the following statement regarding Mark R. Higgins’ (“Mr. Higgins”) preliminary proxy statement: The Company’s Board of Directors (the “Board”) and management are deeply committed to enhancing value for all shareholders and overseeing the Company’s strategy. Our Board is comprised of six highly qualified directors who bring expansive experience concerning retail operations, accounting and finance, management and leadership, risk assessment and corporate governance. Specifically, the Board has extensive knowledge of the challenges faced by the Company in the turbulent physical retail and physical media industries, and has been instrumental in identifying opportunities to improve results. The Board recognizes the importance of having the right mix of skills, expertise and experience to effectively oversee the Company and regularly reviews the Board’s comp
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