Larry S. Peiros Joins Ross Stores Board Of Directors
PLEASANTON, Calif., Jan. 24, 2013
PLEASANTON, Calif., Jan. 24, 2013 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq:
ROST) announced today that Larry S. Peiros has been elected to its Board of
Directors effective immediately.
Mr. Peiros, age 57, has spent over 30 years at The Clorox Company, a leading
multinational manufacturer of consumer and professional products, where he has
served as Executive Vice President and Chief Operating Officer since 2011.
Previously, he was the company's Executive Vice President and Chief Operating
Officer of Clorox North America which included responsibility for Marketing,
Sales, Research and Development and Product Supply. Mr. Peiros also serves on
the board of directors of Potlatch Corporation, a timberland real estate
investment trust. He holds a bachelor's degree from Dartmouth College and a
master's degree in business administration from Stanford University.
In commenting on this news, Michael Balmuth, Vice Chairman and Chief Executive
Officer of Ross Stores, stated, "We are delighted to have Larry Peiros join
our Board of Directors. He brings more than three decades of in-depth brand
management and consumer marketing experience to our Board, which we believe
will make him a valuable resource for the Company and our stockholders."
Ross Stores, Inc. is an S&P 500, Fortune 500 and Nasdaq 100 (ROST) company
headquartered in Pleasanton, California, with fiscal 2011 revenues of $8.6
billion. The Company operates Ross Dress for Less^® ("Ross"), the largest
off-price apparel and home fashion chain in the United States with 1,097
locations in 33 states, the District of Columbia and Guam. Ross offers
first-quality, in-season, name brand and designer apparel, accessories,
footwear and home fashions for the entire family at everyday savings of 20% to
60% off department and specialty store regular prices. The Company also
operates 108 dd's DISCOUNTS^® in eight states that feature a more
moderately-priced assortment of first-quality, in-season, name brand apparel,
accessories, footwear and home fashions for the entire family at everyday
savings of 20% to 70% off moderate department and discount store regular
prices. Additional information is available at www.rossstores.com.
Contact: Michael Hartshorn Connie Wong
Senior Vice President Senior Manager, Investor Relations
Deputy Chief Financial Officer (925) 965-4668
(925) 965-4503 email@example.com
SOURCE Ross Stores, Inc.
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