Men's Wearhouse Dismisses Founder George Zimmer

The board of directors of Men's Wearhouse has terminated George Zimmer from his position as executive chairman and expects to discuss with Zimmer the extent, if any, and terms of his ongoing relationship with the apparel company.

In light of Zimmer's termination, Men's Wearhouse will postpone its annual shareholders meeting, which originally had been scheduled for June 19, 2013. The purpose of the postponement is to re-nominate the existing slate of directors without Zimmer.

Men's Wearhouse expects to announce the rescheduled date, time and location of the postponed Meeting shortly. The company will set a new record date, provide additional information with respect to the Annual Meeting in a supplement to its proxy statement to be filed with the Securities and Exchange Commission and commence a new solicitation with respect to the supplemented proxy materials.  Shareholders are urged to read the supplement in its entirety, as it will contain important information about the annual meeting.
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