Mr. Waller said, “I want to thank the Board for the opportunity to serve as the Company’s President and Chief Executive Officer and am very pleased with the progress that the current management team and I were able to achieve thus far. I look forward to working with LuAnn to ensure a smooth transition and the continuation of the Company’s current turnaround on its path to profitability.”
From July 2008 until earlier this month, Ms. Via served as President and Chief Executive Officer of Payless ShoeSource, Inc., a subsidiary of Collective Brands, Inc., which recently was acquired. At Payless ShoeSource, Ms. Via was responsible for approximately $2.4 billion in annual revenues at 4,000 stores in 30 countries across four continents with more than 26,000 employees worldwide. She also has specialty retail women’s experience, having served in several capacities at Charming Shoppes, Inc. from January 2006 to July 2008. As a Group Divisional President, she had overall merchandising and operational responsibility for both the Lane Bryant and Cacique brands, generating over $1 billion in annual sales and operating more than 850 stores. As President of Catherines Stores, Inc., a Charming Shoppes subsidiary, she was responsible for leading a $400 million retail operation with approximately 350 stores. Ms. Via was at Sears Holding Company from 2003 to 2006 as a Vice President, General Merchandise Manager with responsibility for accessories, fine jewelry, intimate apparel and footwear. From 1998 to 2003, she was Senior Vice President, General Merchandise Manager of Product Development at Saks, Inc. with responsibility for design, development, sourcing and sales for women’s accessories, intimate apparel and footwear. She also has a variety of other executive, merchandising and product development experience, having previously worked at Federated Department Stores, The Shoebox/Shoe Gallery and Trade AM International, among others. Ms. Via attended the University of Miami and is a member of the board of directors of Mela Sciences, Inc.