Wet Seal announces resignation of Douglas Feldermand, CFO
10 Aug '05
1 min read
Specialty retailer The Wet Seal Inc announced the resignation of Chief Financial Officer (CFO), Douglas C. Felderman, who will be leaving the Company at the end of August, for personal reasons.
"They want to thank Doug for his tireless efforts and valuable contributions to the Company," said Joel N. Waller, Chief Executive Officer. "Doug was instrumental in the refinancing and restructuring of Wet Seal this past year."
The Company has retained a firm to conduct an executive search for Mr. Felderman's replacement.
California based The Wet Seal Inc is a leading specialty retailer of fashionable and contemporary apparel and accessory items. The Company currently operates a total of 396 stores in 46 states, the District of Columbia and Puerto Rico, including 305 Wet Seal stores and 91 Arden B. stores. It gives trendy young women the opportunity to explore every look under the sun, from casual to funky to glamorous.
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