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Louis Lipschitz joins New York & Company BOD

Oct '05
New York & Company Inc announced the appointment of Louis Lipschitz as an independent Director on New York & Company Inc's Board of Directors and a member of its audit committee.

Prior to his appointment to New York & Company's Board of Directors, Lipschitz, 60, served as Executive Vice President and Chief Financial Officer of Toys 'R' Us Inc from 1996 to his retirement in March 2004.

Prior to joining Toys 'R' Us, Lipschitz was Senior Vice President and Chief Financial Officer of Lerner Stores, where he spent four years. He began his career in public accounting in 1968 with the firm S.D. Leidesdorf & Co, which subsequently merged with Ernst & Young.

He has a B.S. in Accounting from Hunter College and is a New York Certified Public Accountant. Richard P. Crystal, Chairman and CEO of New York & Company, stated: 'They are delighted to have Louis join their board and look forward to benefiting from his counsel. His extensive financial experience will be a great value to them as they execute their business strategy.'

Founded in 1918, New York & Company Inc, is a leading specialty retailer of fashion-oriented, moderately priced women's apparel. The Company's proprietary branded New York & Company merchandise is sold exclusively through its national network of retail stores. The Company currently operates 515 retail stores in 45 states.

New York & Company Inc

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