Pier 1 board director departs |
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Published
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Thu, 22 Mar 2007 21:36
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WASHINGTON (AP) - Pier 1 Imports Inc. said Thursday James Hoak plans to leave the company's board of directors when his term expires this coming year.Hoak will not stand for re-election at the company's 2007 annual shareholders meeting, according to a filing with the Securities and Exchange Commission.The filing states that Hoak is leaving the board 'to focus more attention on other business and personal matters,' and not because of a disagreement with the company.Pier 1 did not immediately respond to calls seeking additional information.Pier 1 Imports fell one cent Thursday to close at $7.18 on the New York Stock Exchange.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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