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8-K - FORM 8-K - CHICO'S FAS, INC. | g26238e8vk.htm |
EX-99.1 - EX-99.1 - CHICO'S FAS, INC. | g26238exv99w1.htm |
Exhibit 99.2
Chicos FAS, Inc. 11215 Metro Parkway Fort Myers, Florida 33966 (239) 277-6200
For Immediate Release
Executive Contact:
Robert C. Atkinson
Vice President-Investor Relations
Chicos FAS, Inc.
(239) 274-4199
Robert C. Atkinson
Vice President-Investor Relations
Chicos FAS, Inc.
(239) 274-4199
Chicos FAS, Inc. Appoints Kent A. Kleeberger Executive Vice
President Chief Operating Officer
President Chief Operating Officer
Current COO Jeffrey A. Jones Announces Retirement
Fort Myers, FL February 22, 2011 - Chicos FAS, Inc. (NYSE: CHS) today announced that it
has appointed Kent A. Kleeberger to the position of Executive Vice President Chief Operating
Officer. Mr. Kleeberger is assuming the position currently held by Jeffrey A. Jones, who is
retiring from the company effective March 7, 2011. Mr. Jones has agreed to serve as part-time
consultant to the company during a transition period.
President & CEO David F. Dyer commented, Jeff Jones contribution to the success of the
company during his two years as COO is immeasurable. He has been a valued and trusted advisor to
me, my executive team and our board of directors.
Kent A. Kleeberger, 58, has served as Executive Vice President-Finance and Chief Financial
Officer of Chicos FAS since joining the company in November 2007. From 2004 through October 2007,
Mr. Kleeberger was the senior vice president-chief financial officer for Dollar Tree Stores, Inc.
From 1998 to 2004, he served in numerous capacities for Tween Brands, Inc., now part of Ascena
Retail Group, Inc., culminating in his appointment as executive vice president, chief operating
officer, chief financial officer, secretary and treasurer. Prior to that, Mr. Kleeberger served in
various financial positions with The Limited, Inc. Mr. Kleeberger serves on the board of directors
of Shoe Carnival, Inc. and is chairman of their audit committee.
Chicos FAS has retained an executive recruitment firm to conduct a nationwide search for a
chief financial officer, a search that will include internal candidates. Mr. Kleeberger will
remain the companys principal financial officer and principal accounting officer until a
replacement is appointed.
ABOUT CHICOS FAS, INC.
The Company is a womens specialty retailer of private branded, sophisticated,
casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items.
The Company operates 1,151 specialty stores, including stores in 48 states, the District of
Columbia, the U.S. Virgin Islands and Puerto Rico.
The Chicos brand currently operates 596 boutique and 65 outlet stores, publishes a catalog
during key shopping periods throughout the year, and conducts e-commerce at www.chicos.com.
White House | Black Market currently operates 342 boutique and 21 outlet stores, publishes a
catalog highlighting its latest fashions and conducts e-commerce at www.whbm.com.
Soma Intimates is the Companys developing concept with 119 boutique stores and 8 outlet
stores today. Soma Intimates also publishes a catalog for its customers and conducts e-commerce at
www.soma.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
Certain statements contained herein, including without limitation, statements addressing the
beliefs, plans, objectives, estimates or expectations of the Company or future results or events
constitute forward-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995, as amended. Such forward-looking statements involve known or unknown risks,
including, but not limited to, general economic and business conditions, and conditions in the
specialty retail industry. There can be no assurance that the actual future results, performance,
or achievements expressed or implied by such forward-looking statements will occur. Users of
forward-looking statements are encouraged to review the Companys latest annual report on Form
10-K, its filings on Form 10-Q, managements discussion and analysis in the Companys latest annual
report to stockholders, the Companys filings on Form 8-K, and other federal securities law filings
for a description of other important factors that may affect the Companys business, results of
operations and financial condition. The Company does not undertake to publicly update or revise its
forward-looking statements even if experience or future changes make it clear that projected
results expressed or implied in such statements will not be realized.
For more detailed information on Chicos FAS, Inc., please go to our corporate website,
www.chicosfas.com.