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false 0000095574 0000095574 2025-09-12 2025-09-12
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported)           September 12, 2025
 
Superior Group of Companies, Inc.
 
(Exact name of registrant as specified in its charter)
 
Florida
001-05869
11-1385670
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
     
10055 Seminole Blvd.,
Seminole,Florida
(Address of principal
executive offices)
 
33772
(Zip Code)
 
Registrant's telephone number including area code:  (727) 397-9611
 
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230 .425)
 
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock
SGC
NASDAQ
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
 
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 






 
Item 5.02         Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On September 12, 2025, the Board of Directors of Superior Group of Companies, Inc. (the “Company”) appointed Michael W. Koempel as President of the Company effective immediately (the “Effective Date”). Mr. Koempel also remains the Chief Financial Officer (“CFO”) of the Company, in which role he will continue to serve as the Company’s principal financial officer and principal accounting officer. Michael Benstock remains the Company’s Chief Executive Officer, and therefore its principal executive officer, but relinquished his position as President of the Company as of the Effective Date.
 
Mr. Koempel has served as the Company’s CFO since May 31, 2022. Prior to that he served as chief operating officer of IT’SUGAR, one of the largest specialty candy retailers in the United States of America, from June 2021 to May 2022, chief operating officer at Victoria’s Secret Lingerie, a multi-billion dollar e-commerce and store-based retailer specializing in lingerie and apparel, from April 2017 to August 2020, chief financial officer of Mast Global, the supply chain division of L Brands Inc. (now named Bath & Body Works®), from 2007 to 2017, and other finance and leadership roles. Mr. Koempel has extensive financial, operational, governance and strategic experience, including with scaling high-growth companies. Mr. Koempel holds a Bachelor of Business Administration from the University of Dayton and is a Certified Public Accountant (currently inactive). Mr. Koempel is 56 years of age.
 
Mr. Koempel does not have any familial relationships with any executive officer or director of the Company. The Company has not engaged in any prior transactions with Mr. Koempel requiring disclosure under Item 404(a) of Regulation S-K.
 
 
Item 9.01         Financial Statements and Exhibits.
 
(d) Exhibits
 
 
Exhibit
Number
Description
   
 
 
99.1
     
  104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
 






 
Signature
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunder duly authorized.
 
 
SUPERIOR GROUP OF COMPANIES, INC.
 
       
       
 
By:
/s/ Michael Benstock
 
   
Michael Benstock
 
   
Chief Executive Officer
 
 
Date: September 15, 2025
 
 
EX-99.1 2 ex_861424.htm EXHIBIT 99.1 ex_861424.htm

Exhibit 99.1

 logo01.jpg

 

FOR IMMEDIATE RELEASE

 

Superior Group of Companies Promotes Michael W. Koempel to President

 

– Segment Presidents to Report to Koempel –

– Koempel to Remain Chief Financial Officer –

 

ST. PETERSBURG, FLA. – September 15, 2025 - Superior Group of Companies, Inc. (NASDAQ: SGC), is pleased to announce that its Board of Directors has appointed Michael W. Koempel to the role of President of the Company, effective immediately. Koempel will retain his role as Chief Financial Officer (CFO), a position he has held since joining the Company in May 2022, and will continue to report to Chief Executive Officer, Michael Benstock. The Company’s three segment presidents will now report to Koempel in his capacity as President.

 

Koempel has more than 33 years of financial, operational, governance and strategic leadership experience, with a proven track record of building and scaling high growth apparel and retail brands, including at Superior Group of Companies. Prior to joining the Company, Koempel served as the chief operating officer of IT’SUGAR®, one of the largest specialty candy retailers in the U.S., chief operating officer of Victoria’s Secret Lingerie, a multi-billion dollar e-commerce and store-based retailer specializing in lingerie and apparel, and chief financial officer of Mast Global, the supply chain division of L Brands Inc. (now named Bath & Body Works®), among other leadership roles.

 

“Mike’s leadership over the past three years has been instrumental to SGC navigating some of the most challenging periods in our 105-year history,” said Michael Benstock, Chairman of the Board of Directors and Chief Executive Officer of SGC. “He has not only strengthened our financial foundation but also played a key role in advancing operational excellence across segments. His promotion to President reflects his outstanding contributions and reinforces the Company’s focused trajectory and investment in long-term success. I’m excited for what lies ahead with Mike in his new role and look forward to working alongside him in the coming years.”

 

“As segment leaders, we have seen firsthand the operational insights and strategic focus Mike brings,” said Jake Himelstein, President of the Company’s Branded Products segment. “We look forward to building on that momentum as Mike assumes his new role and continues to drive strategic top-line growth and profitability.”

 

“I’m grateful to Michael and the Board of Directors for their trust, and to our segment presidents for their close partnership,” said Koempel. “Each of our business segments has significant potential, and I’m committed to helping unlock that value as we drive toward expanded growth, enhanced operational excellence, and the creation of further shareholder value.”

 







 

About Superior Group of Companies, Inc. (SGC):

Established in 1920, Superior Group of Companies is comprised of three attractive business segments each serving large, fragmented and growing addressable markets. Across Healthcare Apparel, Branded Products and Contact Centers, each segment enables businesses to create extraordinary brand engagement experiences for their customers and employees. SGC’s commitment to service, quality, advanced technology, and omnichannel commerce provides unparalleled competitive advantages. We are committed to enhancing shareholder value by continuing to pursue a combination of organic growth and strategic acquisitions. For more information, visit www.superiorgroupofcompanies.com.

 

Contact:

Investor Relations

investors@superiorgroupofcompanies.com