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Talbots announces key senior leadership promotions

20
Jun '08
As part of its organizational restructuring process, The Talbots Inc announced key senior leadership promotions including John Fiske, Julie Lorigan and Carol Stone.

Mr. Fiske has been named Executive Vice President of Human Resources and Administration, responsible for Business Development, Corporate Services and Loss Prevention in addition to his existing HR responsibilities. Mr. Fiske previously served as Senior Vice President, Human Resources for the Talbots and J. Jill brands.

He joined Talbots as a result of the Company's acquisition of J. Jill Group, Inc. in May of 2006, having served as the Senior Vice President of Human Resources for J. Jill Group. Mr. Fiske will report directly to Trudy F. Sullivan, President and Chief Executive Officer of the Talbots, Inc.

Ms. Lorigan, who joined Talbots in 1999 as the Director of Investor Relations, and has served as Vice President of Investor Relations since 2001, has been named Senior Vice President of Investor and Media Relations. In her new role, Ms. Lorigan will now be responsible for the Company's financial and business Media Relations, while continuing to oversee the Company's Investor Relations activities.

Prior to joining Talbots, Ms. Lorigan served as the Director of Investor Relations for Open Market, Inc. Ms. Lorigan will report directly to Ed Larsen, Senior Vice President of Finance and Chief Financial Officer of the Talbots, Inc. and will also work closely with Trudy F. Sullivan.

Carol Stone, a 22-year Talbots veteran, has been named Senior Vice President of Finance. Ms. Stone joined Talbots in 1985 and has held several positions within the organization, including Vice President, Corporate Controller for the Talbots Inc, a role she has held for the past 10 years.

In her new role, Ms. Stone is responsible for Corporate Accounting, the Company's Credit operations, External Financial Reporting and the financial systems for both brands. Ms. Stone will report directly to Ed Larsen.

"The promotion of John, Julie and Carol further evolves our senior leadership team as part of our overall organizational restructuring process," said Ms. Sullivan. "Each of them has demonstrated strong leadership skills in key areas that are critical to Talbots growth and success, and I am confident they will remain invaluable assets as we continue to execute on our three-year strategic plan.

With a strong, seasoned executive team now fully in place, and operational initiatives successfully underway, we are well-positioned to drive profitable growth, deliver shareholder value and build on our legacy as the retail destination for the 35+ customer."

Talbots Inc


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