Home / Knowledge / News / Fashion / Stein Mart appoints David Stovall, Jr. as President & CEO
Stein Mart appoints David Stovall, Jr. as President & CEO
04
Dec '08
The Board of Directors of Stein Mart Inc., has appointed David H. Stovall, Jr. as president and chief executive officer of the Company. Stovall, 61, has been a Belk Inc., executive for more than 20 years, most recently as Chairman of Belk Central Division in Charlotte, N.C.

He will assume his new responsibilities on December 5, 2008. Stovall succeeds Linda M. Farthing, longtime Stein Mart board member who has held the president and CEO position since September 2007, but announced earlier this fall that a search for her successor had begun.

"David has a solid history of executive management over both store operations and merchandise and most recently oversaw the integration of Belk's two largest acquisitions," commented Jay Stein, chairman of the board of Stein Mart Inc.

"With his leadership, we will build on the initiatives begun during the past year to help transform Stein Mart into the revitalized company that our customers and our stockholders are eager to see us become. I am personally very excited about this hire."

Stovall joined Belk in 1986 as senior vice president of merchandising and sales promotion, and went on to lead increasingly larger Belk store divisions in the '80s and '90's. In 2000, he was named Chairman of the Central Division of Belk Inc., in Charlotte. He chaired the Profitt's/McRae's integration of 2005-2006, and the Parisian integration of 2006-2008. Prior to joining Belk, Stovall held positions with Woodward & Lothrop, Bloomingdale's and Stewart's in the Washington, DC/Baltimore, MD area.

He holds a bachelor's of science degree from Washington & Lee University (where he currently sits on the Board of Advisors of the Williams School of Commerce, Economics and Politics) and a master's in business administration from The Darden School of The University of Virginia. Stovall is a past chairman of the Charlotte Chamber of Commerce and has held numerous positions of leadership in the Charlotte community.

Stein Mart Inc


Must ReadView All

Sri Lanka reduces VAT on imported fabric to 5%

Textiles | On 24th Sep 2018

Sri Lanka reduces VAT on imported fabric to 5%

Considering the requests made by the stakeholders in the fabric...

E-com firms in India to deduct 1% TCS under GST from Oct 1

Apparel/Garments | On 24th Sep 2018

E-com firms in India to deduct 1% TCS under GST from Oct 1

E-commerce companies in India will have to deduct 1 per cent tax...

Courtesy: Andritz

Textiles | On 24th Sep 2018

'Strength of economy, demographics drive nonwovens demand'

The strength of the economy and demographic trends are the main...

Interviews View All

Sachin Sharma, Gem Enviro Management Pvt Ltd

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Smita Murarka, Amanté

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Nishank Patel, Shri Dinesh Mills Limited

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Anupam Arya,

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Ashish M Amin,

Ashish M Amin

Premier Looms is a leading provider of cutting-edge machinery and...

Abhishek Pachauri,

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Iago Castro Asensio, RCfil Distribuciones S.L.

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Bani Batra,

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search