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New York & Co appoints Edmond Thomas to BoD

18 Nov '11
2 min read

New York & Company Inc., a specialty apparel chain with 542 retail stores, announced the appointment of Edmond S. Thomas as an independent director to its Board, effective November 16, 2011. Mr. Thomas' appointment brings the number of directors on the Company's board to twelve.

Edmond S. Thomas, 58, is a partner of KarpReilly, LLC, a private investment firm. Prior to this, Mr. Thomas was the President, Chief Executive Officer and Director of The Wet Seal, Inc., serving in that position from October 2007 until February 2011. From October 2005 to October 2007, Mr. Thomas served as President and Co-Chief Executive Officer of Tilly's Inc., a privately held specialty retailer.

Mr. Thomas was previously President and Chief Operating Officer of Wet Seal from 1992 to 2000. Mr. Thomas also served as Managing Partner of The Evans Thomas Company, LLC, which is the general partner of AXIS Capital Fund I, LP, which provides advisory services for retail, catalog, and consumer goods companies along with investment in emerging growth retail companies.

Mr. Thomas currently serves on the Board of Directors of Comark, Inc., a privately held Canadian specialty retailer of apparel; XS Cargo Stores, a Canadian closeout retailer; and The Habit Burger Grill, a fast food casual restaurant chain. Mr. Thomas is also a former Director of D.E.I. Holdings and Trans World Entertainment Corporation. Mr. Thomas holds a B.S. in Accounting from Villanova University and is also a Certified Public Accountant in the State of Massachusetts.

Gregory Scott, New York & Company's CEO, stated: "We are pleased to welcome Ed as an important resource and addition to our Board. His extensive knowledge and experience in retail operations will be of great value to us as we execute our business strategy."

New York & Company Inc. is a leading specialty retailer of women's fashion apparel and accessories, and the modern wear-to-work destination for women, providing perfectly fitting pants and NY Style that is feminine, polished, on-trend and versatile--all at an amazing value.

New York & Company Inc.

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