Stein Mart Inc announced the appointment of Irwin Cohen to the Company's board of directors. Mr. Cohen is a retired partner of Deloitte & Touche, LLP where he was most recently the global managing partner of the consumer products, retail and services practice.
Prior to that position, he was managing partner of the retail practice in the United States for Deloitte & Touche LLP. He is currently a senior advisor at the Peter J. Solomon Company.
Mr. Cohen's appointment is effective immediately. He will chair the board's audit committee. In addition to Stein Mart, Mr. Cohen also is a member of the board of directors of SuperValu Inc.
"We are delighted to welcome Irwin to Stein Mart's board of directors," said Jay Stein, chairman of the board. "His extensive knowledge and experience in the retail business will be invaluable to us as we work to re-energize our Company and return value to shareholders."