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): June 7, 1999
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Finlay Enterprises, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-25716 13-3492802
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
529 Fifth Avenue, New York, New York 10017
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 808-2800
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N/A
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Former name or former address, if changed since last report
<PAGE>
Item 5. Other Events.
On June 7, 1999, Finlay Enterprises, Inc. (the "Registrant") announced
that Barry Scheckner, Senior Vice President and Chief Financial Officer,
has resigned, effective July 31, 1999. Joseph M. Melvin, Executive Vice
President and Chief Operating Officer, continues to be responsible for the
Registrant's financial area. The Chief Financial Officer position will be
temporarily filled by Bruce Zurlnick, Vice President and Treasurer, and
Joan Durkin, Vice President and Corporate Controller, who will report
directly to Mr. Melvin.
Item 7. Financial Statements and Exhibits.
A. Exhibits
99 Press Release of the Registrant dated June 7, 1999, regarding the
resignation of the Registrant's Senior Vice President and Chief
Financial Officer.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
FINLAY ENTERPRISES, INC.
Dated: June 15, 1999 By:/s/ Bruce E. Zurlnick
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Bruce E. Zurlnick
Treasurer
-2-
Exhibit 99
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FOR IMMEDIATE RELEASE
CONTACT: Barry Scheckner John McInerney/Robin Weinberg
Finlay Enterprises, Inc. Citigate Dewe Rogerson
212.808.2836 212.688.6840
FINLAY ENTERPRISES ANNOUNCES THE RESIGNATION OF
ITS CHIEF FINANCIAL OFFICER
New York, NY, June 7, 1999 -- Finlay Enterprises, Inc. (NASDAQ: FNLY) reported
that Barry Scheckner, Senior Vice President and Chief Financial Officer, has
resigned, effective July 31, 1999. Joseph M. Melvin, Executive Vice Present and
Chief Operating Officer, continues to be responsible for the Company's financial
area. The Chief Financial Officer position will be temporarily filled by Bruce
Zurlnick, Vice President and Treasurer, and Joan Durkin, Vice President and
Corporate Controller, who will report directly to Mr. Melvin.
Arthur E. Reiner, Chairman and Chief Executive Officer, said, "We appreciate the
invaluable contribution that Barry has made to Finlay's growth during his tenure
with the Company. We wish him the very best in his new endeavors."
Mr. Scheckner commented, "After a long and successful career at Finlay, I
believe it is time to pursue new business and personal challenges." Mr.
Scheckner, who will remain as a consultant to the Company for one year, joined
Finlay in 1983.
Finlay Enterprises, Inc., through its wholly-owned subsidiary, Finlay Fine
Jewelry Corporation, is one of the leading retailers of fine jewelry and the
largest operator of leased fine jewelry departments in department stores
throughout the United States and France with sales of $863 million in fiscal
1998. The number of locations at the end of the first quarter of fiscal 1999
totaled 1,094.
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