Francesca's Holdings Corporation Appoints Laurie Ann Goldman and Joseph
O'Leary to Its Board of Directors
HOUSTON, April 18, 2013 (GLOBE NEWSWIRE) -- Francesca's Holdings Corporation
(Nasdaq:FRAN) today announced the appointments of Laurie Ann Goldman and
Joseph O'Leary as independent Directors to its Board of Directors, effective
April 17, 2013.
Ms. Goldman brings extensive retail, brand building, product innovation, and
multi-channel distribution experience to our Board. Since 2002, Ms. Goldman
has served as Chief Executive Officer of rapidly growing Spanx, Inc. Prior to
joining privately-held Spanx, she served for ten years at The Coca-Cola
Company in a number of leading marketing roles. Earlier in her career, she
held marketing positions at R.H. Macy and Maison Blanche Stores. Ms. Goldman
currently serves on the Advisory Board for Suntrust Banks, Inc.
Mr. O'Leary brings to our Board deep expertise in retail strategy and global
supply chain management. Currently he serves as Executive Vice President,
Merchandising, Marketing, Supply Chain and Strategic Planning at PetSmart,
Inc., which is a fast-growing publicly-traded company. In June 2013, Mr.
O'Leary will become President and Chief Operating Officer of PetSmart. Before
joining PetSmart in 2006, Mr. O'Leary served as Chief Operating Officer of
Human Touch, LLC from 2005 to 2006. Prior to that he spent six years with Gap
Inc., including as Senior Vice President, Supply Chain Strategy, and Global
Greg Brenneman, Non-Executive Chairman of the Board, said, "We are excited to
welcome Laurie Ann and Joe to our Board. Both have deep experience with
fast-growing and highly successful retail brands and will help FRAN continue
to create substantial value for our shareholders. Laurie Ann's extensive brand
management and multi-channel experience will be invaluable as we continue to
build FRAN into a multi-channel lifestyle brand. Joe's best-in-class
merchandising and supply chain experience and strategic insights will help us
chart our future course, further enhance our distribution strategies, and
maximize speed to market."
About Francesca's Holdings Corporation
francesca's® is a growing specialty retailer with retail locations designed
and merchandised to feel like independently owned, upscale boutiques providing
customers a fun and differentiated shopping experience. The merchandise
assortment is a diverse and balanced mix of apparel, jewelry, accessories and
gifts. Today francesca's® operates 406 stores in 44 states and also serves its
customers through francescas.com. For additional information on francesca's®,
please visit www.francescas.com
Randi Sonenshein, Vice President,
Finance and Investor Relations
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