Christopher & Banks Corporation announced that on January 12, 2021, Richard Bundy tendered his resignation as Senior Vice President, Chief Financial Officer, of the Company, effective January 29, 2021. Mr. Bundy forfeited his entire award under the Key Employee Retention Plan. Effective January 29, 2021, Kara Johnson, age 40, will be promoted to Senior Vice President, Chief Financial Officer. Ms. Johnson was elected Vice President, Financial Planning & Analysis in July of 2020. She joined the Company in September 2016 as Director, Financial Planning & Analysis. Prior to joining the Company, Ms. Johnson held roles as Business Intelligence Manager for LEGO Group, Finance Manager for PetSmart Inc. as well as Project Engineer for The Weitz Company. In connection with her promotion, Ms. Johnson's base salary will be increased from $230,000 to $250,000.