Barry's Jewelers announces key executive appointments in finance, management information systems.MONROVIA, Calif.--(BUSINESS WIRE)--Dec. 6, 1996--Barry's Jewelers Inc. (NASDAQ/NM:BARY) Friday announced two key appointments to its executive management team, naming Daniel Felsenthal vice president of finance and Stanley Stanley, town (1991 pop. 1,557), capital of the Falkland Islands, S Atlantic Ocean, on East Falkland island. It is the main port and trading center of the islands. The name is sometimes written as Port Stanley. A. Kelley vice president of management information systems. Felsenthal fills a new position and will report directly to Thomas S. Liston, vice chairman and chief financial officer. Kelley also reports to Liston and replaces Delmar W. Stuermer, who resigned to pursue other business interests. Felsenthal's career includes 18 years of senior financial- management experience, more than half of it with companies engaged in retailing. He most recently served as corporate controller of Quarterdeck (Quarterdeck Corporation, Marina del Rey, CA) A pioneering software company, founded in 1983, that offered a variety of utilities, diagnostics, connectivity and Internet products for the PC and Macintosh. Corp., a developer, manufacturer and marketer of software for personal computers. Kelley brings more than 15 years of advanced information- technology experience to Barry's. Most recently, he served as vice president of information technology with National Automotive and Casualty Insurance Co., a California-based property and casualty underwriter underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite) UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer. . He previously served as vice president-MIS for Wherehouse Entertainment Inc. and as manager of MIS (1) (Management Information System) An information system that integrates data from all the departments it serves and provides operations and management with the information they require. for Laura Scudder's/Borden Inc. Commenting on the appointments, Robert W. Bridel, president and chief executive officer of Barry's Jewelers, said: ``To succeed in today's intensely competitive retail environment, you need an integrated team of talented professionals able to effectively manage the ever-changing needs of a continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. growing organization. ``Dan Felsenthal is a proven professional with vast experience in managing the highly complex finances of a large retail organization. Over the years, he has demonstrated an exceptional ability to develop and administer effective cost controls and also is highly skilled in ensuring compliance with the unique financial- reporting requirements of public corporations. ``As a specialist in information technology, Stan STAN Stanchion STAN Stärke- und Ausrüstungsnachweis (German) Stan Standard Man (human patient simulator) STAN SEMCIP Technical Assistance Network STAN System Trace Audit Number STAN Star Trek Area Network Kelley also will play a key role in helping Barry's reach the next stage in its development,'' Bridel continued. ``As we grow and retailing becomes even more competitive than it is today, it will become increasingly important to have at hand the most advanced, up-to-date sales, inventory and other data available. ``Stan has a strong sense of what's required to support the operational needs of our business and additionally understands the importance of working with management to develop information systems that support the strategic and financial growth of the company. ``In recent months, we have referred repeatedly to our renewed emphasis on improving Barry's financial and operating controls,'' he added. ``These individuals will be central to that effort.'' Barry's Jewelers, one of the nation's largest independent retailers of fine jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. , operates 174 retail jewelry stores in 18 states throughout the country, primarily in California, Texas, Arizona, North and South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. , Utah, Montana, Colorado, Ohio and Indiana. CONTACT: Barry's Jewelers Inc., Monrovia Robert W. Bridel, 818/303-4741 or Silverman Heller Associates, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Eugene G. Heller, 310/208-2550 |
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