Build-A-Bear Workshop, Inc. Names Coleman H. Peterson to Board of Directors.ST. LOUIS -- Build-A-Bear Workshop, Inc. (NYSE NYSE See: New York Stock Exchange : BBW), an interactive, entertainment retailer of customized stuffed animals, today announced that Coleman Peterson was elected to the Company's board of directors, effective immediately. Peterson's election brings the number of directors on the Build-A-Bear Workshop board to eight, six of whom, including Peterson, are deemed independent by the Board under New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. rules and other applicable regulations. Peterson will serve as chairman of the board's compensation committee and as a member of the nominating and corporate governance committee. "Cole's extensive global retail experience and strong human resource skills will be a significant asset to Build-A-Bear Workshop's board of directors and to our fast growing global company," said Maxine Clark, chairman and chief executive bear of Build-A-Bear Workshop. "We are pleased to have someone with Cole's business background and vision join our board. Cole is indeed one of the premier human resource professionals in the retail industry." Peterson, 57, retired in May 2004, after ten years with Wal-Mart Stores, Inc., where he held the position of executive vice president of human resources, a position that included developing policies that cover that company's more than 1.6 million associates worldwide. Prior to joining Wal-Mart, Peterson spent 16 years with The May Department Stores The May Department Stores Company was a department store chain founded in 1877 by David May in Leadville, Colorado. Its headquarters moved to St. Louis, Missouri in 1905, and the company went public in 1911. Company serving as senior vice president human resources at Venture Stores of St. Louis a division of the May Company until 1990, when Venture was spun-off as a public company. Peterson earned his Bachelor's degree, as well as a Master's degree in industrial relations, from Loyola University in Chicago. Peterson serves on the executive committee of the National Association for the Advancement of Colored People National Association for the Advancement of Colored People (NAACP), organization composed mainly of American blacks, but with many white members, whose goal is the end of racial discrimination and segregation. (NAACP NAACP in full National Association for the Advancement of Colored People Oldest and largest U.S. civil rights organization. It was founded in 1909 to secure political, educational, social, and economic equality for African Americans; W.E.B. Du Bois and Ida B. ) and as treasurer of the NAACP's special contribution fund. He holds memberships in The Society for Human Resource Management Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , the National Academy of Human Resources, and the National Council of La Raza The National Council of La Raza (NCLR) is the largest Hispanic advocacy organization in the United States. The NCLR was founded in 1968 as a nonpartisan nonprofit organization dedicated to reducing discrimination and poverty and to improving the lives and economic opportunities of . He also serves on the board of directors of The ServiceMaster Company (NYSE: SVM) of Chicago and J.B. Hunt Transport Service, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : JBHT JBHT J.B. Hunt Transport Services (stock symbol) ) of Lowell, Ark. Peterson and his wife Shirley have two children Collin and Rana. Build-A-Bear Workshop, Inc., is the only global company that offers an interactive make-you-own-stuffed animal retail-entertainment experience. Founded in St. Louis in 1997, the company currently operates more than 200 stores in the United States and Canada. The addition of stores in Europe, Asia and Australia make Build-A-Bear Workshop the leader in the teddy bear business. In November 2004, the company expanded the make-your-own concept from stuffed animals to dolls with the opening of its first friends 2B made(R) stores, which feature doll making. Build-A-Bear Workshop (NYSE: BBW) posted total revenue of $302 million in fiscal 2004. For more information, call 888.560.BEAR (2327) or visit the company's award-winning Web sites at www.buildabear.com and www.friends2bmade.com. |
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