SEMINOLE, Fla., March 15, 2017 (GLOBE NEWSWIRE) — Superior Uniform Group, Inc.® (NASDAQ:SGC) announced that President, Alan Schwartz, will retire from the Company effective March 31, 2017. To ensure orderly succession and continuity of customer service, the Company and Mr. Schwartz have entered into a three year consulting agreement during which Mr. Schwartz will consult on a further reduced schedule each successive year. As a consultant to the Company, Mr. Schwartz will continue to be actively involved with relationships with many of the Company’s key customers that he was instrumental in developing over his decades of service.
Mr. Schwartz stated, “My decision to retire emanated over the years from our comprehensive succession planning that was part of our strategic planning. I am extraordinarily proud of what the Superior team has accomplished during my tenure, and am confident that the Company will continue to successfully execute its strategies and grow shareholder value.”
Michael Benstock, Chief Executive Officer, commented, “In his 42 year association with the Company, Alan has been instrumental in its direction, success and progress. We are fortunate to have had his leadership and, equally so, that he will have an important transitional role as we move forward. We also will have the benefit of his guidance as Alan will remain on our Board of Directors. All of us wish him continued success as he moves on to this well-deserved next chapter in his life.”
About Superior Uniform Group, Inc.
Superior Uniform Group (NASDAQ:SGC), established in 1920, is one of America’s foremost providers of fine uniforms and image apparel. Headquartered in Seminole, Fla., Superior Uniform Group manages award-winning uniform apparel programs for major corporations nationwide. Leaders in innovative uniform program design, global manufacturing, and state-of-the-art distribution, Superior Uniform Group helps companies achieve a more professional appearance and better communicate their brands – particularly those in healthcare, private security, retail, hospitality, transportation and food service industries.
The company’s commitment to service, technology, quality and value-added benefits, as well as its financial strength and resources, support customers’ diverse needs while embracing a “Customer 1st, Every Time!” philosophy and culture. Superior Uniform Group sells its wide range of products through its signature brands Superior I.D.™, Fashion Seal Healthcare® and HPI Direct®. Superior Uniform Group is also the parent company for The Office Gurus®, which provides call center and BPO solutions to a variety of customers, and BAMKO® , its innovative promotional products and sourcing company that provides custom branding solutions to some of the nation’s strongest brands.
For more information, call (800) 727-8643 or visit www.SuperiorUniformGroup.com.
CONTACT: Contact: Andrew D. Demott, Jr., CFO (727) 803-7135 OR Hala Elsherbini, Halliburton Investor Relations (972) 458-8000