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 6, 2000
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JEREMY'S MICORBATCH ICE CREAMS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 001-15689 23-3017648
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(State or other jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
3401 Market St., Suite 312 Philadelphia, PA 19104
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 215-823-6885
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(Former name or former address, if changed since last report)
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Item 1. Changes in Control of Registrant
Joseph Phillips has been elected as the President and Chief Executive
Officer and as a director of Jeremy's Microbatch Ice Creams, Inc. Mr. Phillips
replaces Samuel Cohen on the Board of Directors. Mr. Phillips together with
Jeremy Kraus will constitute the newly formed Executive Committee of Jeremy's
Board of Directors. The Executive Committee will exercise the powers of the
Board between Board Meetings. Mr. Phillips will also serve on Jeremy's Stock
Option Committee.
Mr. Phillips, age 48, was senior vice president of sales and general
manager of Champion Products, Inc. from 1992 to 1993 and 1994-1998. Champion
Products, Inc. markets Champion collegiate and athletic wear. Mr. Phillips also
held senior executive positions with Prince/Ektelon from 1993-1994, L.A.
Gear, Inc. from 1989 to 1992, and Wilson Sporting Goods Company from 1974-1989.
During his tenure at Champion Products, Inc., Mr. Phillips developed the annual
operating plan, strategic business plans, budgets and an organizational
structure that resulted in $300MM in U.S. sales. As the national sales manager
at L.A. Gear, Inc., he was responsible for sales and promotion of all men's,
women's, and children's footwear to all sporting goods national accounts. From
1999 until joining Jeremy's he was a management consultant at Life Is Good, a
small privately held apparel company.
Jeremy Kraus has been given the title of Chairman of Jeremy's, and will also
serve as corporate Secretary. Mr. Kraus will continue to serve Jeremy's as a
full time officer in those capacities. As Chairman, Mr. Kraus will oversee
corporate governance, corporate finance and corporate communications, and will
lead the board in decision making on the strategic direction of the Company. He
will also continue to serve as spokesperson for Jeremy's MicroBatch Ice Creams.
As CEO and President of Jeremy's, Mr. Phillips will be responsible for achieving
the strategic initiatives of the Company as approved by the board of directors.
He will have primary responsibility for the sales and profitability of the
Company, and ultimate responsibility for all brand development and contractual
relationships.
As of July 7, 2000, Samuel V. Cohen, Jeremy's former Chief Operating Officer,
resigned as a director and officer of Jeremy's. Mr. Cohen has been retained as
a consultant to Jeremy's through June 30, 2000, and is expected to assist
Jeremy's in the areas of strategic relationships.
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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.
JEREMY'S MICROBATCH ICE CREAMS, INC.
Dated: July 19, 2000 By: /s/ Joseph Phillips
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Joseph Phillips, President
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