Nation's specialty jewellery retailer Whitehall Jewellers announced that current director Steven J. Pully has been appointed Chairman of the Board of Directors effective immediately. Daniel Levy, who served as Chairman stepped down but remains on the Board. Jean K. FitzSimon has been appointed as the Senior Vice President, General Counsel and Corporate Secretary, also effective immediately.
Mr. Levy commented, "I welcome Steve's and Jean's appointments. Steve's talent, experience and leadership will greatly enhance our Board. Jean's prior retail and corporate compliance experience will allow her to add value from the beginning."
Mr. Pully commented, "I am excited about the opportunities for Whitehall and look forward to working with the Board and management to build on the strengths and traditions of the Company. I very much appreciate Dan's recent service as Chairman and his years of dedication to the Whitehall organization."
Mr. Pully has served as the President of Newcastle Capital Management, L.P. since January 2003 and has been with Newcastle Partners since December 2001. He has served as a director, Chief Executive Officer and Secretary of New Century Equity Holdings Corp. since June 2004 and as a director of Pizza Inn, Inc. since December 2002.
From January 2003 to June 2004, he served as Chief Executive Officer of privately-held Pinnacle Frames and Accents Inc, a domestic picture frame manufacturer.
Prior to joining Newcastle Capital Management, from May 2000 to December 2001, he was a managing director in the mergers and acquisitions department of Banc of America Securities and from January 1997 to May 2000 he worked in the investment banking department at Bear Stearns, where he became a Senior Managing Director in 1999.