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John Luttrell resigns from California-based fashion specialty retailer

12
Sep '07
The Wet Seal Inc a leading specialty retailer to young women, announced John Luttrell has resigned as Executive Vice President and Chief Financial Officer.

The Company also announced it has appointed Steve Benrubi, currently the Company's Vice President and Controller, as Executive Vice President and Chief Financial Officer.

Mr. Luttrell is resigning to accept the position of Executive Vice President and Chief Financial Officer at Old Navy, a division of Gap Inc.

Mr. Benrubi has served as the Company's Vice President and Controller since June 2005. Immediately prior to that, he served as Vice President and Controller of CKE Restaurants, Inc. The appointment and resignation will both be effective September 21, 2007.

Joel Waller, CEO, said: "I am excited about the appointment of Steve as our new CFO. Since joining the Company, Steve has been an active participant in our turnaround efforts and in establishing the controls and infrastructure necessary to allow for the growth of our business going forward."

"An appointment from within our organization will also allow for an easy transition. I want to thank John Luttrell for his contributions during his time here and wish him well in his new position."

Headquartered in Foothill Ranch, California, The Wet Seal Inc is a leading specialty retailer of fashionable and contemporary apparel and accessory items.

The Wet Seal Inc


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