Effective upon the consummation of the business combination on August 21, 2012, Timothy C. Clayton was appointed Senior Vice President and Chief Financial Officer of The Tile Shop, Inc. and will serve as the Company's principal financial and accounting officer. Robert A. Rucker will continue to serve as the Company's President and Chief Executive Officer. Effective upon the consummation of the business combination, each of William Watts, Peter Jacullo, Todd Krasnow, Peter Kamin, and Adam Suttin was elected to serve on the Company's board of directors.
Mr. Rucker will continue to serve on the Company's board of directors following the consummation of the Business Combination. Messrs. Jacullo and Suttin will serve in the class of directors whose term will expire on August 21, 2012 prior to the Company's annual stockholders meeting in 2013, Messrs.
Kamin and Krasnow will serve in the class of directors whose term will expire on August 21, 2012 prior to the Company's annual stockholders meeting in 2014, and Messrs. Rucker and Watts will serve in the class of directors whose term will expire immediately prior to the company's annual stockholders meeting in 2015.
Tile Shop Holdings, Inc. is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. The Company offers an assortment of natural stone and man-made tile products. Its natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. The Company's man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile. The Companyâs assortment of accessories, including mosaics, pencils, listellos, and other products. It also offers a range of setting and maintenance materials, such as thinset, grout, sealers, and accessories, including installation tools, shower and bath shelves, drains, and similar products. The Company also offers customers delivery service through third-party freight providers. The Company sells its products under brand names, including Superior Adhesives & Chemicals, Superior Tools & Supplies, Rush River, and Fired Earth.
TILE SHOP HOLDINGS, INC. 