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Charlotte Russe adds Jennifer Salopek to BOD

Feb '06
Charlotte Russe Holding Inc has informed that Jennifer Salopek has been added to its board of directors.

Ms Salopek is a Principal with ARC Business Advisors LLC, a New York City based firm that provides strategic advisory services to businesses and investors in the apparel, retail and consumer industries. During the year prior to co-founding this firm in July 2005, she was Executive VP of Strategy with Tommy Hilfiger Corporation.

Ms Salopek's previous consulting experience included five years as a Partner with PricewaterhouseCoopers Consulting and its successor, IBM Business Consulting Services, after having served as Senior VP during her five year employment at Calvin Klein Inc. She began her professional career at the accounting firm of Price Waterhouse, where she became a Certified Public Accountant, and moved to New York to join its Management Horizons retail consulting practice.

In addition to serving on the board of directors, Ms Salopek will serve as a member of the company's audit committee.

Bernard Zeichner, Chairman of the Board, said, "We are pleased to have Jennifer Salopek join our board, and we look forward to benefiting from her thorough knowledge of apparel retailing."

Charlotte Russe is a growing mall-based specialty retailer of fashionable, value-priced apparel and accessories targeting young women in their teens and twenties.

The company operated a total of 422 stores in 43 states and Puerto Rico, as of December 24, 2005, comprised of 356 Charlotte Russe stores and 66 Rampage stores. Fourteen new stores were opened during the first quarter of fiscal 2006, and the company expects to open up to 35 new stores during the fiscal year ending in September 2006.

Charlotte Russe Holding Inc

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