Shepard, an industry veteran with 35 years of footwear experience said, "We are delighted that Footstar will have the benefit of such a talented and experienced Board as we move ahead. With our successful emergence from Chapter 11, we are now in a position to focus our full attention on our business."
Couchman added, "We would like to express our sincere appreciation to our retiring Directors and to Dale Hilpert, who served as Chairman and CEO of the company. Their leadership and support were invaluable during a challenging period in Footstar's history. We thank them for their many contributions."
Footstar Inc is a discount footwear retailer. It operates Meldisco licensed footwear departments nationwide in Kmart and Rite Aid Stores. It also distributes its own Thom McAn brand of quality leather footwear.
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