The Company is pleased to announce the promotion of Edwin A. Neumann
to Senior Vice President, Chief Financial Officer, Business Strategy
and Multi- Channel Integration for Crosstown Traders
In this new position, Ed will be responsible for directing Crosstown Traders' finance and strategic planning functions, and multi-channel integration opportunities with Charming Shoppes' various operating divisions.
As part of his
multi-channel role, he
will work actively with the Company's e-commerce organization to operationally enhance existing Crosstown e-commerce sites and ensure the efficient launch and operation of future sites.
Ed will report to Steven A. Lightman, President of Crosstown Traders.
Prior to accepting this new assignment, Ed served Charming Shoppes as Vice President of the Company's shared business services organization, a position he has held since the inception of the Company's Business Service Center in 2002.
A graduate of West Chester University in West Chester, PA, Ed began his career at Charming Shoppes as Vice President, Internal Audit in 2001.
Prior to joining Charming Shoppes, Ed held financial management positions at NovaCare, Crown Cork & Seal, and Ernst & Young.
Commenting on today's announcement, Dorrit J. Bern, Chairman, CEO and President of Charming Shoppes said, "Since joining Charming Shoppes, Ed has made a significant contribution to our standard of operational excellence, and was instrumental in the development of our Business Service Center, which serves the operational needs of all of our business units.
has been responsible for overseeing integration activities at Crosstown Traders
since our June 2005 acquisition of Crosstown
, and is highly knowledgeable of their operating processes.
In this new role, Ed
will have the opportunity to apply his
financial and operational management skills toward enhancing our multi-channel opportunities within Charming Shoppes
I am extremely pleased to congratulate Ed
promotion to this new position."
Echoing Bern's sentiments, Steven A. Lightman, President of Crosstown Traders added, "Ed has been an important and valued partner over the last year through many of our integration activities.
I look forward to working closely with Ed
, and welcome him to the Crosstown