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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) July 1, 1996
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ZALE CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 0-21526 75-0675400
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
901 W. Walnut Hill Lane, Irving, Texas 75038-1003
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (214) 580-4000
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Not Applicable
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(Former name or former address, if changed since last report.)
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Item 5. Other Events.
On June 28, 1996, Zale Corporation (the "Company") announced that Thomas
E. Whiddon, Senior Vice President and Chief Financial Officer, resigned to
accept a position as an Executive Vice President of Lowe's Companies, Inc. of
North Wilkesboro, North Carolina. Mr. Whiddon's areas of responsibility at
Zale will continue to report to Merrill J. Wertheimer, Executive Vice
President, Finance and Administration, who will re-assume the title of Chief
Financial Officer.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99 Press Release of the Company dated June 28, 1996,
regarding the resignation of the Company's Senior
Vice President and Chief Financial Officer.
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.
ZALE CORPORATION
Registrant
By: /s/ Alan P. Shor
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Alan P. Shor
Senior Vice President, General
Counsel and Secretary
Date: June 28, 1996
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EXHIBIT INDEX
Exhibit
Number Description
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99. Press Release of Zale Corporation (the "Company") dated June 28,
1996, regarding the resignation of the Company's Senior Vice
President and Chief Financial Officer.
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EXHIBIT 99
FOR IMMEDIATE RELEASE
ZALE CORPORATION ANNOUNCES MANAGEMENT CHANGE
Dallas, TX, June 28, 1996 -- Zale Corporation (NYSE:ZLC), the nation's
largest specialty retailer of fine jewelry, today announced that Thomas E.
Whiddon, 43, Senior Vice President and Chief Financial Officer, has resigned to
accept a position as an Executive Vice President of Lowe's Companies, Inc., of
North Wilkesboro, North Carolina.
Mr. Whiddon's areas of responsibility at Zale will continue to report
to Merrill J. Wertheimer, Executive Vice President, Finance and Administration.
Mr. Wertheimer, 56, a 14-year Zale veteran, will re-assume the title of Chief
Financial Officer.
Zale Corporation is the nation's largest specialty retailer of fine
jewelry, operating approximately 1,200 retail jewelry stores and leased
departments located throughout the United States, Guam and Puerto Rico,
including Zales Jewelers, Gordon's Jewelers, Bailey Banks & Biddle and
Corrigan's.
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