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Cato promotes John Howe to Senior VP, Controller

12
Jun '07
The Cato Corporation announced the promotion of John Howe to Senior Vice President, Controller. Mr. Howe will report to Tom Stoltz, Executive Vice President and Chief Financial Officer and be responsible for corporate finance, financial reporting and SEC compliance and will be the Company's principal accounting officer. Mr. Howe joined Cato in July 1986.

He is a Certified Public Accountant and has held several positions within the Company in Financial Planning, Tax and Finance. In August 1999, Mr. Howe was promoted to Vice President, Assistant Controller.

"I am pleased to announce John Howe's promotion to lead our financial reporting responsibilities," commented John Cato, the Company's Chairman, President, and Chief Executive Officer. "John has been an integral part of our financial management team and we look forward to his continued contribution toward Cato's success."

Mr. Howe's promotion follows the announcement of the planned retirement of Robert M. Sandler as Senior Vice President, Controller and the Company's principal accounting officer. Mr. Sandler's retirement will be effective June 29, 2007 after 19 years of service with the Company. John Cato added, "Robert's contributions to Cato have been many. He will be missed but has built a sound financial team."

The Cato Corporation


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