Jaclyn Announces New Roles for Management MAYWOOD,

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Jaclyn Announces New Roles for Management

MAYWOOD, NJ--(Marketwired - Dec 30, 2016) - Jaclyn, Inc. (OTCQX: JCLY) today announced that its Board of Directors has appointed Allan Ginsburg, Chairman of the Board of the Company, to the additional position of Co-President and Co-Chief Executive Officer. Mr. Ginsburg will assume his new additional position effective January 1, 2017. At that time, Robert Chestnov, the Company's President and Chief Executive Officer, will become a consultant to the Company. Mr. Chestnov will also be a Co-President and Co-Chief-Executive Officer of the Company, and, in that capacity, he will continue to perform substantially the same duties and responsibilities to the Company he performed during his 28-year tenure as President and Chief Executive Officer. Mr. Chestnov will also provide such other senior management level consulting services requested by the Board of Directors. 

Both Mr. Ginsburg and Mr. Chestnov will continue to serve as directors of the Company.

Note: This press release contains information concerning, among other things, our future plans and objectives that are or may be deemed to be forward-looking statements. However, forward-looking statements are subject to a number of known and unknown risks and uncertainties that may cause our actual results, trends, performance or achievements, or industry trends and results, to differ materially from the future results, trends, performance or achievements expressed or implied by such forward-looking statements. Those risks and uncertainties may include, but are not limited to, general economic and business conditions; competition; potential changes in customer spending; acceptance of our product offerings and designs; the variability of consumer spending resulting from changes in domestic economic activity; a highly promotional retail environment; any significant variations between actual amounts and the amounts estimated for those matters identified as our critical accounting estimates as well as other significant accounting estimates made in the preparation of our financial statements; and the impact of current and potential hostilities in various parts of the world; as well as other geopolitical concerns. You are urged to consider all such factors. In light of the uncertainty inherent in such forward-looking statements, you should not consider their inclusion to be a representation that such forward-looking matters will be achieved. We assume no obligation for updating any such forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking statements.

Jaclyn, Inc. is a designer, manufacturer and marketer of apparel, women's sleepwear, infants' and children's apparel, handbags, premium incentives and related accessories. Website: jaclyninc.com

Anthony Christon Chief Financial Officer Jaclyn, Inc. (201) 909-6000

Scroll down for more posts ▼

Top 10 Most Recent News Articles

White House Photographer Reveals Unseen Historic Moments

Updated Category News Views 118

You don’t just wander into the White House and leave unimpressed, not if you're someone who lived it like David Hume Kennerly. Imagine stepping behind those gates and through history's lens, capturing moments few had the privilege to see. Kennerly's debut as the Chief White House Photographer was at a turning point in America, just after the Nixon saga collapsed in...

Continue Reading
DAR Logs Massive 587,000 Service Hours Nationwide

Updated Category News Views 74

A Month of Patriotism and Service You've got to hand it to the Daughters of the American Revolution (DAR)—when they commit, they go all in. This year, they turned their usual Day of Service into a full-blown Month of Service, packing in over 587,000 hours of volunteering nationwide. From historic spots to food pantries, DAR members showed up, and honestly, it's the kind...

Continue Reading
ID Plans Secures Polaris Investment for Real Estate Boost

Updated Category News Views 0

New Moves in Real Estate Tech Can you smell opportunity? Because it’s in the air down in Tampa where ID Plans just inked a deal with Polaris Growth Fund. We’re talking some serious private equity backing here aimed at ramping up what ID Plans can lay down in the commercial real estate sector. If you're not on this ride yet, it might be time to take a closer look....

Continue Reading
SeaWorld Rings in Holidays with All-New Festivities

Updated Category News Views 9

Holiday Transformation at SeaWorld's Parks The holiday spirit isn't something you purchase—it’s an experience. And boy, SeaWorld seems to get this right. As the chill of late October settles in, SeaWorld parks across Orlando, San Diego, and San Antonio start dressing up for the holiday season, morphing into a spectacle of lights and festive joy. For anyone who’s...

Continue Reading
Energizer Set to Unveil Q4 and Full Year 2026 Results

Updated Category News Views 32

Call in and Batten Down the Hatches November 17—Mark it. Energizer Holdings, Inc. (NYSE: ENR) is taking the stage to deliver its Fourth Quarter and full fiscal year 2026 financial showing. If you're tailing the power-boosting giant's dance in the market, then clear your morning schedule for a 10 a.m. ET webinar. CEO Mark LaVigne and CFO John Drabik are dialing up their...

Continue Reading
Famous Brands Slashes Fees to Boost Franchise Growth

Updated Category News Views 17

Throwing a Sweet Deal for New Franchise Owners Talk about a move that’s got the industry buzzing—Famous Brands International, the folks behind Mrs. Fields and TCBY, just rolled out a tantalizing offer you don’t see every day. They’re slashing franchise fees and royalties by half for new franchisees who jump onboard before the ball drops on 2026. I’ll tell ya,...

Continue Reading
Armani/Casa Miami Earns Forbes Designation for Luxury

Updated Category News Views 54

Where Luxury Meets Thoughtfulness Residences by Armani/Casa Miami just nabbed a VERIFIED™ Luxury Residences badge from the Forbes Travel Guide folks. Now, you might be wondering why this is significant or if it's just another shiny tag in a world already glistening with luxury concepts. Well, there's a shift happening here, and it's got some meat to it. The folks...

Continue Reading
kidSTREAM Museum Welcomes Carina Reeves as New CEO

Updated Category News Views 93

Carina Reeves Takes the Helm at kidSTREAM You know how it goes—sometimes you need fresh leadership to steer the ship. That's exactly what's happening over at kidSTREAM Children's Museum. They've appointed Carina Reeves as their President and CEO after a nationwide hunt. This ain't just another CEO shuffle; it marks a pivotal moment as kidSTREAM inches closer to its...

Continue Reading
Max Stock Gears Up for Q3 Earnings Report Nov. 17

Updated Category News Views 0

Max Stock's Q3 Earnings Anticipation Ah, it’s that time again—when we wait with bated breath for another round of quarterly earnings. Max Stock Ltd. (TASE: MAXO) is prepping to spill the beans on their third quarter 2026 performance, with a conference call scheduled for November 17. Big day? You bet. Who's Leading the Call? The brains behind the operation, CFO Paz Oz...

Continue Reading
Instacart's Strong Q3 Amid DoorDash Acquisition News

Updated Category News Views 36

Bumper Profits and Bold Moves for Instacart Here's a twist in the grocery tech aisle—Instacart's got some hefty numbers rolling in for Q3 and a whopper of an acquisition announcement. What seemed like just another Tuesday in the market is shaken by Instacart's reveal of their third-quarter financial results, showcasing a significant year-over-year climb that would make...

Continue Reading

Top 5 Most Recently Viewed Articles

Transforming Retail with Vantage and Quid's Unique Partnership

Updated Category News Views 245

Introduction to a New Era in Retail Intelligence In a rapidly evolving retail landscape, the partnership between Vantage Discovery and Quid marks a significant leap towards integrating advanced technology with consumer insights. Vantage Discovery, recognized for its cutting-edge AI-powered search and personalization solutions, is teaming up with Quid, a leader in trend...

Continue Reading
Ellington Financial Inc. Achieves Milestone in Non-QM Market

Updated Category News Views 195

Ellington Financial Inc. Celebrates Non-QM Securitization Success Ellington Financial Inc. (NYSE: EFC) has reached a significant milestone with the successful closing of a $288 million securitization, which is backed by a pool of non-qualified residential mortgage (non-QM) loans. This achievement underscores the Company’s commitment to innovating in the mortgage market....

Continue Reading
Ryman Hospitality Properties, Inc. Enhances Investor Insights

Updated Category News Views 124

Insights into Ryman Hospitality Properties, Inc. Ryman Hospitality Properties, Inc. (NYSE: RHP) is at the forefront of the hospitality and lodging industry, focusing on upscale group-oriented resorts and convention centers. This commitment to excellence enables the Company to provide memorable experiences, especially in country music entertainment. Updated Investor...

Continue Reading
Investing Insights: Understanding Your Rights as a Shareholder

Updated Category News Views 147

Understanding Your Rights as a Shareholder Shareholders should contact the firm immediately as there may be limited time to enforce your rights. Halper Sadeh LLC, an investor rights law firm, is currently investigating significant transactions involving certain public companies and their shareholders' rights. The firm primarily focuses on potential violations of federal...

Continue Reading
Bambusa Therapeutics Secures Series A-2 Financing to Boost Development

Updated Category News Views 337

Bambusa Therapeutics Completes Series A-2 Financing Successfully Bambusa Therapeutics, Inc., a prominent clinical-stage biotechnology firm specializing in next-generation bispecific antibodies for immunology and inflammation, has announced an important milestone: the completion of their oversubscribed Series A-2 financing. This achievement comes with a notable valuation...

Continue Reading