Ms. Broader is a proven executive with over 25 years of experience leading premier global and regional retail businesses, including Walmart, Michael's Stores, and several banners with
'As we thank Dave for his years of fine service, we are also delighted to welcome Shelley to the
'It is an honor to be named President and CEO of Chico's FAS. I am thrilled to lead such a dynamic team,' Ms. Broader said. 'The Company has made great strides in improving its operating foundation and benefits from a powerful portfolio of brands, each with a unique identity and opportunity for growth. I look forward to working with the Chico's FAS Board, its Brand Presidents, members of the Executive Committee, and team of associates. I share their passion for superior customer service and applaud the technology and other initiatives underway to improve service and efficiencies. Given the Company's many strengths, I have great confidence that we can continue to grow and succeed, driving value for our shareholders and delivering on our brand promise to customers through
About
Ms. Broader's leadership experience across the North American retail industry spans over 25 years. Prior to joining Walmart in 2010, Ms. Broader was President and Chief Operating Officer of Michael's, the world's largest retailer of arts and crafts, and was responsible for the chain's 1,000 stores in
Before joining Michael's, Ms. Broader enjoyed a 17-year career with
Ms. Broader began her career in the investment banking sector, holding roles at
Ms. Broader is a member of the board of directors of
In connection with Ms. Broader's appointment, the Chico's FAS Board of Directors was assisted by leading executive search firm,
ABOUT
The Company, through its brands – Chico's,
As of
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
Certain statements contained herein, including without limitation, statements addressing the beliefs, plans, objectives, estimates or expectations of the Company or future results or events constitute 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known or unknown risks, including, but not limited to, general economic and business conditions, and conditions in the specialty retail industry. There can be no assurance that the actual future results, performance, or achievements expressed or implied by such forward-looking statements will occur. Investors using forward-looking statements are encouraged to review the Company's latest annual report on Form 10-K, its filings on Form 10-Q, management's discussion and analysis in the Company's latest annual report to stockholders, the Company's filings on Form 8-K, and other federal securities law filings for a description of other important factors that may affect the Company's business, results of operations and financial condition. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that projected results expressed or implied in such statements will not be realized.
Executive Contact:
Vice President -- Investor Relations
(239) 346-4199
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