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Ann Taylor announces Executive Management changes

16
Jul '08

AnnTaylor Stores Corporation announced that two senior executives, Brian E. Lynch and Michael J. Nicholson, have assumed expanded leadership responsibilities. The Company also announced that Anthony M. Romano, Chief Supply Chain Officer, has resigned to pursue other interests. The Company indicated that a new Chief Supply Chain Officer is expected to be announced shortly.

Effective immediately, Mr. Lynch, currently President of the Company's Factory Division with oversight of Corporate Store Operations, will assume the additional leadership of the Company's E-Commerce business and Corporate Real Estate and Construction, under the new title of President of Corporate Operations. Mr. Nicholson, Executive Vice President and Chief Financial Officer, will assume additional leadership responsibility for Information Technology and Global Procurement.

Commenting on the changes, Ann Taylor President and Chief Executive Officer Kay Krill stated, "I am very pleased to acknowledge the outstanding leadership that Brian and Mike have demonstrated, as the business evolves and we position the Company for future growth. At the same time, I'd like to thank Tony for the contributions he has made over the years to help strengthen the Company's supply chain. We wish him the very best in his future endeavors."

AnnTaylor Stores Corporation

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