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Norman Matthews as Chairman of Board of Children's Place
29 Oct '09
2 min read
The Children's Place Retail Stores, Inc. announced Norman Matthews, a director, has been appointed Chair of the Company's Board of Directors. He succeeds Sally Frame Kasaks who served as Acting Chair of the Board and Lead Director since January 2007. Ms. Kasaks will continue to serve as a director of the Company.
"Norm Matthews brought significant industry and marketing experience when he joined the Company's Board in March 2009," commented Sally Frame Kasaks. "He has been a major contributor in the short time he has served as a director and I look forward to working with him in his new role as Chairman."
"I am delighted to be assuming the Chairmanship position," commented Norm Matthews. "The Children's Place is a unique value retailer that I believe is well-positioned for the future. I look forward to working with the Board and management to continue the Company's commitment to a strong level of performance and governance."
Norman Matthews was appointed a director of the Company in March 2009 and was elected as a director in July at the 2009 Annual Meeting of Stockholders. In addition to serving on the Board of The Children's Place, Mr. Matthews currently serves on the Boards of The Progressive Corporation, Henry Schein, Inc. and Spectrum Brands. Previously, he served on the Boards of Sunoco, Inc., Toys "R" Us, Inc. and Federated Department Stores, and as a Trustee for the American Museum of Natural History.
Mr. Matthews served as President of Federated Department Stores until the company was sold in 1988. He joined Federated Department Stores in 1978 as Chairman - Gold Circle Stores Division. He was promoted to Executive Vice President of Federated Department Stores in 1982, to Vice Chairman in 1984 and to President in 1987.
The Children's Place Retail Stores, Inc. is a leading specialty retailer of children's merchandise. The Company designs, contracts to manufacture and sells high-quality, value-priced merchandise under the proprietary "The Children's Place" brand name.
"Norm Matthews brought significant industry and marketing experience when he joined the Company's Board in March 2009," commented Sally Frame Kasaks. "He has been a major contributor in the short time he has served as a director and I look forward to working with him in his new role as Chairman."
"I am delighted to be assuming the Chairmanship position," commented Norm Matthews. "The Children's Place is a unique value retailer that I believe is well-positioned for the future. I look forward to working with the Board and management to continue the Company's commitment to a strong level of performance and governance."
Norman Matthews was appointed a director of the Company in March 2009 and was elected as a director in July at the 2009 Annual Meeting of Stockholders. In addition to serving on the Board of The Children's Place, Mr. Matthews currently serves on the Boards of The Progressive Corporation, Henry Schein, Inc. and Spectrum Brands. Previously, he served on the Boards of Sunoco, Inc., Toys "R" Us, Inc. and Federated Department Stores, and as a Trustee for the American Museum of Natural History.
Mr. Matthews served as President of Federated Department Stores until the company was sold in 1988. He joined Federated Department Stores in 1978 as Chairman - Gold Circle Stores Division. He was promoted to Executive Vice President of Federated Department Stores in 1982, to Vice Chairman in 1984 and to President in 1987.
The Children's Place Retail Stores, Inc. is a leading specialty retailer of children's merchandise. The Company designs, contracts to manufacture and sells high-quality, value-priced merchandise under the proprietary "The Children's Place" brand name.
The Children's Place Retail Stores Inc.
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