News Flash

Wesley Card named CEO at Jones Apparel

12 Jul '07

3 min read

Mr. Card, President and Chief Executive Officer, stated, "I truly value my many years at Jones Apparel Group as the Company's Chief Operating and Financial Officer. I am excited and prepared to take on new responsibilities at this time in our Company's history; I have an excellent working relationship with the Board and greatly appreciate the Board's support."

"We have a talented, experienced and dedicated management team, and a product portfolio of highly recognizable brand names to build upon and grow. Our strength in execution is well-demonstrated. I am confident that, with the support and commitment of all of my associates across all of our brands and functions, we are well-positioned for future success."

Jones also announced today the appointment of John T. McClain as Chief Financial Officer, reporting to Mr. Card. John will start on July 16, 2007.

Mr. Card stated, "On behalf of all of my associates at Jones, I am pleased to welcome John McClain as our Chief Financial Officer. I am confident that his broad experience and strong financial skills will be invaluable as we work to implement our strategic plans. John is an outstanding financial executive who has extensive experience working with multi-billion dollar companies."

Mr.Wesley Card, age 59, joined Jones Apparel Group in 1990 as its Chief Financial Officer, and added the responsibility of Chief Operating Officer in 2002. He has extensive experience in the apparel industry, in which he has worked for the past twenty-eight years.

In addition to his positions at Jones Apparel Group, he has held senior operating and financial positions at Warnaco Inc. and at Carolyn Roehm, Inc. Mr. Card serves on the Board of the American Apparel & Footwear Association and was its Chairman from 2005 to 2007.

Jones Apparel Group Inc

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