Big Lots 2012 Annual Report Download - page 96

16
Carlos V. Rodriguez is responsible for warehousing, distributing, and transporting merchandise. Mr. Rodriguez
joined us in 2012 as Senior Vice President, Distribution and Transportation Services. Prior to joining us,
Mr. Rodriguez held various supply chain management positions, including Vice President, Supply Chain
Operations, with Office Depot, Inc., an office supply retailer.
Robert S. Segal is responsible for merchandising in the furniture, home, seasonal, and hardlines categories.
Mr. Segal joined us in 2004 as Vice President, Divisional Merchandise Manager, Furniture, and was promoted
to Senior Vice President, General Merchandise Manager for furniture and home categories in January 2008. He
assumed responsibility for the hardlines category in July 2012. Prior to that, Mr. Segal assumed responsibility
for the seasonal category in March of 2010. Prior to joining us, Mr. Segal served as Divisional Vice President,
Housewares and Home of Shopko Operating Co., LLC, a discount retailer, from 1995 to 2004.
Michael A. Schlonsky is responsible for talent management and oversight of human resources. He was promoted
to Senior Vice President, Human Resources in August 2012. Mr. Schlonsky was promoted to Vice President,
Associate Relations and Benefits in 2010 and assumed responsibility for compensation in 2011. Prior to
that, Mr. Schlonsky was promoted to Vice President, Associate Relations and Risk Management in 2005.
Mr. Schlonsky joined us in 1993 as Staff Counsel and was promoted to Director, Risk Management in 1998 and
to Vice President, Risk Management and Administrative Services in 2000.
Timothy J. Slade is responsible for store operations, including store standards, customer service, personnel
development, program implementation, and execution. Mr. Slade joined us in 2012 as Senior Vice President,
Store Operations. Prior to joining us, Mr. Slade was the Senior Vice President, Retail Operations for Party City
Corporation, a retailer, and Senior Vice President, Store Operations for Linens-N-Things, a retailer, which filed
for bankruptcy on May 2, 2008.
Paul A. Schroeder is responsible for internal and external financial reporting and accounting operations
including payroll, accounts payable, and inventory control. Mr. Schroeder joined us as Director, Accounting
Operations in April 2005, and was promoted to Vice President, Controller in September 2005. Prior to joining
us, Mr. Schroeder was Director of Finance at American Signature, Inc., a furniture retailer, and held various
finance positions with Limited Brands, Inc., a retailer.
PART II. OTHER INFORMATION
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common shares are listed on the New York Stock Exchange (“NYSE”) under the symbol “BIG.” The
following table reflects the high and low sales prices per common share for our common shares as reported on
the NYSE composite tape for the fiscal periods indicated:
2012 2011
HighLowHighLow
First Quarter ................................ $47.22 $34.46 $44.44 $31.57
Second Quarter .............................. 41.42 33.50 41.42 30.83
Third Quarter ............................... 42.26 28.46 38.91 28.89
Fourth Quarter ............................... $32.66 $26.69 $41.81 $35.65
Our Board of Directors historically has authorized reinvesting available cash in capital expenditures for growth
opportunities, improving the Company’s information systems, and maintaining our assets. After making such
investments, the Company has utilized its excess cash for share repurchase programs. We historically have not
paid dividends. Any future decisions on the uses of excess cash would be determined by our Board of Directors
taking into account business conditions then existing, including our earnings, financial requirements and
condition, opportunities for reinvesting cash, and other factors.