Bed Bath & Beyond Inc. Announces Election Of Gerri Elliott To The Board Of
UNION, N.J., Feb. 20, 2014
UNION, N.J., Feb. 20, 2014 /PRNewswire/ --Bed Bath & Beyond Inc. (NASDAQ:
BBBY) announced today the election of Geraldine "Gerri" Elliott as an
additional independent member of the Company's Board of Directors, expanding
the Board to ten members.
Ms. Elliott, 57, is Executive Vice President (EVP) and Chief Customer Officer
at Juniper Networks. In January 2014, Elliott announced her personal decision
to transition to retirement later in the year. She will become EVP, Strategic
Advisor to the CEO once her successor is announced. In her role as EVP and
Chief Customer Officer, which she has held since 2013, she leads the
Go-to-Market organization consisting of sales, system engineering, advanced
technologies, marketing, services, support, partners and field operations. Her
prior roles at Juniper were as EVP and Chief Sales Officer, and EVP of
Ms. Elliott joined Juniper in 2009 after seven years at Microsoft Corporation,
where she held a series of senior executive positions, including Corporate
Vice President of the company's Industry Solutions Group, Worldwide Public
Sector organization, and their North American Enterprise Sales region. Prior
to joining Microsoft, Elliott spent 22 years at IBM Corporation, where she
held executive and management positions in North America and Asia Pacific in
sales, services, consulting, strategy development, and product management.
"We are thrilled to have Gerri join our Board," said Steven Temares, Bed Bath
& Beyond's Chief Executive Officer and Member of its Board of Directors.
"Gerri is a proven leader who will bring additional technology and
international expertise to our Company."
Ms. Elliott added: "I feel honored and privileged to have been elected as a
Board member at Bed Bath & Beyond, and I look forward to working with our
Board, our shareholders and our associates and contributing to the future
growth of our Company."
Ms. Elliott holds a BS degree in International Politics from New York
University. She currently serves on the board of directors of Whirlpool
Corporation and serves on the advisory boards for Catalyst (a research
organization dedicated to expanding business opportunities for women) and the
Center for Executive Women Senior Leadership Program at the Kellogg School of
Management at Northwestern University.
Bed Bath & Beyond Inc. and subsidiaries (the "Company") operates a chain of
retail stores under the names of Bed Bath & Beyond, World Market, Cost Plus
World Market, Cost Plus, a combination of the names Christmas Tree Shops or
andThat!, Harmon, Harmon Face Values and buybuy BABY. The Company is also a
partner in a joint venture which operates retail stores in Mexico under the
name Bed Bath & Beyond. Through its retail stores, the Company sells a wide
assortment of domestics merchandise and home furnishings. Domestics
merchandise includes categories such as bed linens and related items, bath
items and kitchen textiles. Home furnishings include categories such as
kitchen and tabletop items, fine tabletop, basic housewares, general home
furnishings, consumables and certain juvenile products. Additionally, the
Company includes Linen Holdings, a provider of a variety of textile products,
amenities and other goods to institutional customers in the hospitality,
cruise line, food service, healthcare and other industries. Shares of Bed
Bath & Beyond Inc. are traded on NASDAQ under the symbol "BBBY" and are
included in the Standard and Poor's 500 and Global 1200 Indices and the
NASDAQ-100 Index. The Company is counted among the Fortune 500 and the Forbes
SOURCE Bed Bath & Beyond Inc.
Contact: Kenneth C. Frankel, (908) 855-4554, or Eugene A. Castagna, (908)
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