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Shoe Pavilion appoints Bruce Ross as EVP & CFO

08 Jul '06
2 min read

Off-price footwear retailer Shoe Pavilion Inc announced that it had appointed Bruce Ross as its Executive Vice President and Chief Financial Officer reporting to Chief Executive Officer, Dmitry Beinus. Mr. Ross is replacing Neil T. Watanabe who is leaving the Company to pursue other interests.

Mr. Ross will oversee the Company's financial management, internal audit and human resources, bringing over 25 years of retail financial and operational experience to his new role.
Mr. Ross most recently served as Executive Vice President and Chief Financial Officer of Guitar Center in Westlake Village, California. Guitar Center is the largest retailer of musical instruments in the United States with 284 stores. In 2005, Guitar Center had revenues of $1.8 billion.

Mr. Ross received his Bachelor of Commerce/Accounting degree from the University of New South Wales, Australia.

Mr. Beinus commented on Mr. Ross' retail background, noting, "Bruce is a very seasoned leader with substantial executive experience at a Fortune 1000 company. His management experience includes overseeing the operations of hundreds of retail locations and the financial reporting of a large public company, including Sarbanes-Oxley disclosure and compliance requirements. I expect Bruce to play a major role in helping Shoe Pavilion achieve its growth targets."

Shoe Pavilion is an independent off-price footwear retailer in the Western and Southwestern United States. The Company offers a broad selection of women's, men's and children designer label and name brand footwear such as Converse, Reebok, Sketchers and Nine West, typically at 20% to 60% below department store regular prices for the same shoes. The Company has 96 stores located throughout California, Washington, Oregon, Arizona, Nevada and Texas.

Shoe Pavilion Inc

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