This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Brookstone Announces CEO Succession

MERRIMACK, N.H., April 4, 2013 /PRNewswire/ -- Brookstone, Inc. today announced that it has accepted the resignation of Stephen Bebis, its President and CEO and a member of the company's Board of Directors. Mr. Bebis' resignation will be effective April 4, 2013. Mr. Bebis joined Brookstone in May 2012.  Effective upon Mr. Bebis' resignation, James M. Speltz, the Company's Vice President, Chief Operating Officer has been appointed as the Company's new President and CEO.

Mr. Speltz has been with the Company since 1998. Most recently, he has served as the Company's Vice President, Chief Operating Officer since January 2012, and previously held positions as Vice President, Business Development and Supply Chain, the Operational Vice President of Inventory Management and various roles in the Company's IT Department.  Jackson Tai, the Company's Chairman of the Board, stated, "On behalf of the Board of Directors and myself, we look forward to working with Jim in his new leadership role. For more than 15 years, Jim has been intimately involved in many critical aspects of the Company's operations.  He has been a key driver of the Company's new revenue initiatives in our retail, e-Commerce and wholesale channels. His 'hands-on' leadership and his past roles in building the Brookstone brand and culture will be invaluable as the Company addresses the challenges presented by an ever-changing retail environment."

"Everyone at Brookstone is deeply committed to product innovation and the first-rate service our customers have come to expect from us," said Speltz. "I am proud to continue to work with our Board of Directors and management team which has provided unparalleled leadership and strong support across all areas of the Company. I look forward to building upon the strength of the Brookstone brand, continuing the significant progress we have made over the past few years, and expanding upon our business development initiatives."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,659.21 -116.91 -0.66%
S&P 500 2,055.32 -12.57 -0.61%
NASDAQ 4,860.62 -40.2650 -0.82%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs