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| PVH > SEC Filings for PVH > Form 8-K on 5-May-2009 | All Recent SEC Filings |
5-May-2009
Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Fi
On April 30, 2009, the Board of Directors of Phillips-Van Heusen Corporation (the "Company") amended the Company's By-Laws as follows:
Newly Created Directorships. The By-Laws were amended to provide that a director elected to fill a newly created directorship shall be elected for a term expiring at the Company's next annual meeting of stockholders. The By-Laws previously provided that a director elected to fill a newly created directorship shall be elected to such class of directors as a majority of the directors then in office shall determine and shall hold office for the unexpired term of such class. The prior provision is no longer applicable as the Company no longer has multiple classes of directors.
Members of the Executive Committee. The By-Laws were amended to require that
the Executive Committee of the Board of Directors include the Chairman of the
Board and, if the Chairman is not an executive, the Chief Executive Officer.
The By-Laws previously required that the Executive Committee include the
Chairman of the Board, the Chief Executive Officer and, if the Chairman is not
an executive, the President.
Approval of Salaries. The By-Laws were amended to clarify that the Board of Directors shall approve the salary of the Company's Chief Executive Officer or other person serving as the Company's principal executive officer and all of the Company's "officers" as defined in Rule 16a-1(f) promulgated under the Securities Exchange Act of 1934. The By-Laws previously provided that the Board shall approve the salary of each officer of the Company and each director of the Company who is an officer of a division of the Company.
The Company's By-Laws, as amended, are attached as Exhibit 3.1 to this Report and are incorporated herein by reference.
Exhibits:
Exhibit Description
3.1
By-Laws of Phillips-Van Heusen Corporation, as amended through April 30, 2009
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