Zumiez CFO Trevor Lang has reportedly resigned from his position at the core mall retailer effective in June 2011, according to a story on Reuters.
Lang, who has been with the company for four years, also resigned as chief administrative officer and secretary. . . Zumiez . . has started looking for a suitable successor.
The street apparently misses him already as the stock was down 2 percent in after hours trading.
[Link: Reuters]
A house of cards.
Smoke and Mirrors.
It’s just a matter of time before the truth be told.
Stay thirsty my friends……
hey real deal…
if you are saying what i think you are saying, could we be looking at another Active…only a much bigger house of cards
I am thirsty for knowledge…
send me some water here…
My comment had nothing to do with Zumiez.
Most forms of media are smoke and mirrors.
Zumiez is a great retailer, with a ton of cash in the bank.
Zumiez is not on the same course to be another Active….
Our greatest fear is not the health of 1 retailer, it’s the fear of the unknown.
Stay thirsty and seek the truth Michael….
core mall retailer
well, it’s all here in black and white …and color
http://ir.zumiez.com/phoenix.zhtml?c=188692&p=irol-presentations
wasnt there a recent article floating around the interwebs about how Zumiez was using some fishy accounting tricks to hide some of their depts.
maybe less than two months later the CFO is out, seems like some smoke and mirrors are definitly in play here, and i am not refering to the media.
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