Leading lifestyle retailer American Eagle Outfitters Inc announced the appointment of J. Thomas Presby to a newly-created seat on the Company's Board of Directors (BOD). With this appointment the Board will have 10 directors, six of whom are independent.
Presby will join the Board's Audit Committee. He also serves on the Boards of Tiffany & Co, World Fuel Services, TurboChef Technologies, and AMVESCAP Plc. He is a member of the National Association of Corporate Directors and the American Institute of CPA's.
Presby retired from the international accounting and consulting firm of Deloitte Touche Thomatsu in June of 2002. During his 30 years as a partner, he served in many roles in the United States and abroad, including Global Deputy Chairman and Chief Operating Officer, and CEO of Deloitte & Touche, Europe.
Jim O'Donnell commented on the appointment, "I am extremely pleased to have Tom Presby join Board of Directors. His vast experience in the areas of accounting, corporate governance and international business will bring tremendous value to company and shareholders. Company look forward to benefiting from Tom's counsel as move ahead with growth initiatives, which include launching new lifestyle brands as well as international expansion."
Warrendale based American Eagle Outfitters is a leading lifestyle retailer that designs, markets, and sells its own brand of relaxed, casual clothing for 15 to 25 year olds, providing high-quality merchandise at affordable prices.
AE's collection includes modern basics like jeans, cargo pants, and graphic Ts as well as a stylish assortment of cool accessories, outerwear and footwear. American Eagle Outfitters currently operates 783 AE stores in 50 states, the District of Columbia and Puerto Rico, and 71 AE stores in Canada.
American Eagle Outfitters Inc