Company Website:
http://www.bebe.com
BRISBANE, Calif. -- (Business Wire)
bebe stores, inc. (NASDAQ:BEBE) today announced that Seth Johnson, Blair
Lambert and Brett Brewer have replaced Caden Wang, Barbara Bass and
Cynthia Cohen on the Company’s Board of Directors, effective immediately.
Manny Mashouf, Chairman of the bebe Board of Directors, stated, “On
behalf of the Board of Directors, we are excited to welcome Seth, Blair,
and Brett to the team. They add a wealth of retail experience and
strategic business knowledge to the Board and we look forward to their
contributions. Overall, driving shareholder value is a priority for our
Company and we believe that the appointment of Jim Wiggett as interim
CEO and our new Board members will help us to achieve this objective. We
would like to thank Caden, Barbara and Cynthia for their many years of
service on the bebe Board.”
Seth Johnson previously served as CEO of Pacific Sunwear of California
Inc. ("Pacific Sunwear"), and during his tenure the Company achieved
record levels of profitability. Johnson also served as COO and CFO of
Abercrombie and Fitch. Prior to joining Abercrombie and Fitch he held
positions at The Limited Inc., Batus Retail Group, Conoco, and Dayton
Hudson (now known as Target). In addition, Johnson has been a member of
the faculty at Chapman University. He currently serves on the Board of
Directors of Tilly's, Inc., and previously served on the Board of
Directors of True Religion Apparel Inc., DEI Holdings Inc., Pacific
Sunwear, and Abercrombie and Fitch.
Blair Lambert, owner of Napa-based Lambert Family Vineyard, currently
serves as a Board Member/Investor/Advisor at Three Twins Organic Ice
Cream, a nationally distributed organic ice cream brand and Klymit, a
company utilizing science and technology for outdoor products. Lambert
also serves as an advisor at Chubbies Shorts, an internet based men’s
apparel retailer, Watershed Materials, a company that designs and
manufactures a green, low carbon, sustainable building product, and
Silverado Farming, a full-service vineyard management company. Lambert’s
additional executive retail experience includes COO and CFO of The
Gymboree Corporation and CFO of Illumination and of bebe stores, inc.
Brett Brewer currently serves as the co-founder and Managing Director of
CrossCut Ventures. Brewer also serves as Vice Chairman at Acknowledged
Inc. Brewer has more than 15 years of experience as an internet
entrepreneur, including having served on the Board of Directors of
Transworld Entertainment, a specialty music and video retailer. In
addition, he co-founded Intermix Media which launched Myspace.com,
Skilljam.com and Alena.com. He currently serves on the Board of
Directors of Pacific Sunwear.
About bebe stores, inc.:
bebe stores, inc. is a global specialty retailer, which designs,
develops and produces a distinctive line of contemporary women’s apparel
and accessories under the bebe, BEBE SPORT, and bbsp brand names. bebe
currently operates 207 stores, of which 174 are bebe stores, including
the online store bebe.com and 33 bebe outlet stores. These stores are
located in the United States, U.S. Virgin Islands, Puerto Rico and
Canada. bebe also distributes and sells bebe branded product through its
licensees in approximately 26 countries.
Contacts:
bebe Stores, inc.
Liyuan Woo, 415-715-3900
Chief Financial
Officer
Source: bebe stores, inc.
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