Carlos Alberini has served as President and Chief Operating Officer since he joined the Company in December 2000.
In addition, from May 2006 until July 2006, Mr. Alberini served as Interim Chief Financial Officer of the Company.
As previously announced, Mr. Alberini has resigned, effective June 1, 2010, from his positions as President and Chief Operating Officer of the Company to become the Co-Chief Executive Officer and a member of the Board of Directors for Restoration Hardware, Inc., a leading premium home lifestyle brand.
will no longer be serving as an
executive officer of the Company, Mr. Alberini has agreed to continue to serve as a non-employee director for the Company.
Prior to joining the Company, Mr. Alberini served as Senior Vice President and Chief Financial Officer of Footstar, Inc. from October 1996 to December 2000.
Prior to his position at Footstar, Inc., from May 1995 to October 1996 Mr. Alberini served as Vice President of Finance and Acting Chief Financial Officer of the Melville Corporation, from 1987 to 1995 he served as Corporate Controller and rose to Senior Vice President and Chief Financial Officer and Treasurer of The Bon Ton Stores, and he spent ten years with Price Waterhouse until leaving the firm as an audit manager in 1987.
Mr. Alberini has also served as a director of the Company since December 2000.
present term as a Class I director will expire at the 2012 annual meeting of shareholders.
extensive finance and operational experience for retail companies Footstar, Inc.
, Melville Corporation
and The Bon Ton Stores
, combined with his
significant experience over the past nine years with the Company, provides the Board with valuable insight into operational issues and financial matters, particularly within the retail sector.
will be departing as an executive officer of the Company, Mr. Alberini's
experience and intimate knowledge of the Company's operations will continue to provide valuable benefits to the Board.