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Shoe Carnival Appoints New General Merchandise Manager

Shoe Carnival, Inc. (Nasdaq: SCVL), a leading retailer of value-priced footwear and accessories, appointed Carl Scibetta as Executive Vice President and General Merchandise Manager, effective Monday, December 3, 2012. Mr. Scibetta will take over the responsibilities as General Merchandise Manager from Cliff Sifford, who was recently appointed President and Chief Executive Officer of the Company. Mr. Scibetta will report directly to Mr. Sifford.

Mr. Sifford commented, “We are extremely excited to have Carl join our Shoe Carnival team. His extensive experience in footwear for the entire family will help us to continue to provide the right assortment of trend right product our customers have come to expect from Shoe Carnival. Additionally, we believe his proven success in non-athletics will help us attract new customers and provide a deeper assortment of brand name footwear at a compelling value to existing customers.”

Mr. Scibetta joins Shoe Carnival with over 32 years of experience in the footwear industry. Most recently, Mr. Scibetta served as Belk’s Vice President, Divisional Merchandise Manager, Footwear, at its headquarters in Charlotte, North Carolina. In this role, Mr. Scibetta was responsible for buying, planning and distribution of all family footwear for Belk. During his years with Belk, Mr. Scibetta served in a variety of positions of increasing responsibility, including Divisional Merchandise Manager and Buyer, before becoming its Vice President and Divisional Merchandise Manager in 2008. From 2004 to 2007, Mr. Scibetta served as Parisian’s Vice President and Divisional Merchandise Manager, Footwear, and from 1998 to 2000, he served as Vice President and Divisional Merchandise Manager with the Shoe Corporation of America. His impressive footwear career began at the Wohl Shoe Company, where from 1980 to 1994 he served in positions of increasing responsibility from Field Supervisor, to Merchandiser, Planner, and Merchandise Manager.

Mr. Scibetta stated, “I’m very excited to be working with the Shoe Carnival as an executive on the merchandising team. This is a great opportunity for me to leverage my background of working closely with the vendor community to build strong assortments of branded footwear at a value to the consumer. I look forward to helping the Company as they focus on their goals of increasing unit growth and capitalizing on opportunities to expand sales of family footwear that increasingly resonates with today’s value conscious consumer.”

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