Burlington Stores names Thomas Kingsbury as Board Chairman

03 Jun '14

2 min read

Burlington Stores, Inc. announced that Thomas A. Kingsbury, the Company’s Chief Executive Officer and President, has been unanimously elected by the Board of Directors to be Chairman of the Board.

The Board commented, “We are excited to elect Tom to Chair the Board of Directors of Burlington Stores. He has done an outstanding job as CEO since he joined the Company in 2008. He has provided excellent strategic direction for the business, and he has used his leadership skills to build a strong team at the Company.

“The growth of the business has been impressive under Tom’s leadership and we look forward to this continuing under Tom’s expanded role as Chairman and CEO.” The role of Chairman of the Board has been vacant since April 2006 when the Company was taken private by Bain Capital. “I am honored to be chosen to serve as Chairman of the Board and would like to thank the Board for their continued support,” stated Mr. Kingsbury.

The Company also announced the formation of a Nominating and Corporate Governance Committee of the Company’s board of directors, which will be responsible for, among other things, identifying individuals qualified to become board members. The committee will be initially comprised of John Mahoney, Tricia Patrick and Jordan Hitch, each a current member of the Company’s board of directors. Mr. Mahoney has been appointed as the committee’s chairman.

About Burlington Stores, Inc.

The Company, through its wholly-owned subsidiaries, operates a national chain of off-price retail stores offering ladies’, men’s and children’s apparel and accessories, home goods, baby products and coats, principally under the name Burlington Stores.

Burlington Stores

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