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Three new BoD members added at Christopher & Banks

04
May '12
Christopher & Banks Corporation announced that David A. Levin, William F. Sharpe, III and Patricia A. Stensrud have been elected to its Board of Directors effective May 3, 2012. The election of these three individuals increases the number of Board members to ten, all of whom are independent directors. The three individuals will also be nominees for election as directors at the Company's Annual Meeting of Stockholders to be held June 28, 2012.

David A. Levin, 60, is President and Chief Executive Officer of Casual Male Retail Group ("CMRG"), the largest specialty retailer of big and tall men's apparel, a position he has held since April 2000.

He has more than 30 years of retail experience, having also served as Executive Vice President of eOutlet.com and as President of Camp Coleman, a division of the Coleman Company; of Prestige Fragrance and Cosmetics, a division of Revlon, Inc.; and of Parade of Shoes, a division of J. Baker, Inc. Mr. Levin is also a director of CMRG.

William F. Sharpe, III, 49, serves as a Partner and Managing Director of Quetico Partners, LLC, a boutique investment banking firm, a position he has held since September 2009.

From July 2007 to August 2009 he was Chief Operating Officer and a Managing Director of Lazard Middle Market, following Lazard, Freres & Company's acquisition of Goldsmith Agio Helms & Lynner, LLC, where he worked in several investment banking roles from February 1998 until its acquisition by Lazard in July 2007.

Patricia A. Stensrud, 64, is the President of A&H Manufacturing, a worldwide package design and manufacturing company with operations in the United States, China and the United Kingdom, a position she has held since May 2011.

Ms. Stensrud has prior women's apparel experience, having served as President of the Women's Sportswear Division of Tommy Hilfiger and as Chief Executive Officer of the Victoria + Co division of Jones Apparel Group.

She is also the founder and managing partner of Hudson Rivers Partners, LLC, a private real estate investment and advisory due diligence firm. Ms. Stensrud serves on the board of Crown Crafts, Inc.

Paul Snyder, Chair of the Board of Directors, commented, "We are extremely pleased to have David, William and Patricia join our Board.

Collectively they bring considerable knowledge and experience in the areas of finance, marketing and operations, in addition to an understanding of retail and women's apparel issues. We look forward to their contributions."

Christopher & Banks Corporation is a Minneapolis-based specialty retailer of women's clothing.

Christopher & Banks Corporation


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