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Children's Place announces Merchandise Management change

10
Apr '08
The Children's Place Retail Stores Inc announced Jill Kronenberg, Senior Vice President, General Merchandise Manager for The Children's Place brand since October 2006, has resigned from the Company to spend more time with her family.

Dina Sweeney and Celeste Risimini-Johnson have been promoted to Group Vice President and Vice President, respectively, who between them will divide the responsibilities of Ms. Kronenberg.

Commenting on Ms. Kronenberg's departure, Chuck Crovitz, Interim Chief Executive Officer, stated, "We thank Jill for the many contributions she has made to the merchandising organization and wish her the best of luck in the future. Jill has been instrumental in our efforts to enhance our merchandise offerings, the initial results of which we have experienced over the Holiday and Spring seasons."

Said Ms. Kronenberg, "I have appreciated being part of The Children's Place team and believe the brand is headed in the right direction with exciting fashion, color coordinated outfitting, and great value. I am honored to have worked with such a talented and dedicated group of people and wish the Company all the best. I am looking forward to this next stage in my life and spending more time with my family."

Ms. Sweeney and Ms. Risimini-Johnson are both merchandising veterans of The Children's Place, each having spent over 15 years with the Company. For the past three years Ms. Sweeney, 42, has overseen the Company's Canada business, most recently serving as Vice President, Canada, which has experienced substantial growth and profitability under her leadership.


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