Ann Taylor Stores Corporation announced that Brian Lynch, previously Executive Vice President of Ann Taylor Factory, has been promoted to President of the division, effective immediately.
Mr. Lynch joined Ann Taylor in 2004 as Senior Vice President of Ann Taylor Stores and was promoted to EVP of Ann Taylor Factory in June 2006. Prior to Ann Taylor, Mr. Lynch held senior leadership positions at Gap Inc. and Walt Disney.
Commenting on the announcement, Ann Taylor President and CEO Kay Krill stated, "Brian has successfully evolved the Factory division into a profitable and rapidly growing concept for the Company, and I could not be more pleased with the results he and his team have delivered. Brian will lead our new LOFT Factory concept, and I am confident that this business, which we are planning to launch in summer 2008, will flourish under his leadership."
"I am thrilled to have the opportunity to continue to lead such an important growth vehicle for the Company, and I am confident that my team will continue to contribute to the Company's success," stated Mr. Lynch.
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