Chico's FAS, Inc. Announces Appointments and Promotions.Business Editors FORT MYERS Fort Myers, city (1990 pop. 45,206), seat of Lee co., SW Fla., on the Caloosahatchee River, near the Gulf of Mexico; founded 1850, inc. 1905. It has a tourist trade and light industry and is a shipping point for citrus fruits, winter vegetables, flowers (especially , Fla.--(BUSINESS WIRE)--Dec. 21, 2000 Chico's FAS, Inc. (Nasdaq: CHCS CHCS Center for Health Care Strategies CHCS Composite Health Care System CHCS Chemical Hazards Communications Society (United Kingdom) CHCS Cabin Humidity Control Subsystem (NASA) CHCS Crew Health Care System ) today announced that its Board of Directors appointed Patricia Murphy, in her capacity as Senior Vice President - General Merchandise Manager, to serve on the Executive Committee of the Company and also promoted five others to new officer positions with the Company. Ms. Murphy came to Chico's in 1997, having previously been with Doncaster, Caribou Caribou, town, United States Caribou (kâr`ĭb  ), town (1990 pop. 9,415), Aroostook co., NE Maine, on the Aroostook River; inc. 1859. Sportwear and Lane Bryant. She was promoted to Senior Vice President - General Merchandise Manager in April 2000. Ms. Murphy serves on the Company's Executive Committee along with Marvin Gralnick, Helene Gralnick, Scott Edmonds, Ted Marlow and Charlie Kleman. The newly designated officers, effective December 19, 2000, include: Sher Moeller, Vice President - National Sales Manager; Pete Ryan, Vice President - Logistics; James West, Vice President - Real Estate; Janet Ydavoy, Vice President - Production & Sourcing; and David Ziel, Vice President - Construction Services. Ms. Moeller has been with Chico's since January 1996 and has over 17 years of experience in women's fashion retailing in various field management and merchandising positions. Mr. Ryan joined Chico's in April 1996, bringing over 15 years of distribution experience in the retail industry and, most recently before joining Chico's, having been the director of distribution for over 6 years for a specialty apparel retailer operating over 300 stores. Mr. West has been working with Chico's in the real estate area for over 2 years, initially as an independent consultant and on a full time basis since March 1999. Mr. West has over 10 years of retail store real estate experience. Ms. Ydavoy joined Chico's in October 1999, having been involved in the management of apparel sourcing activities for over 13 years with companies such as Haggar Apparel, Brenco Apparel, County Seat and, most recently before joining Chico's, Mast Industries. Mr. Ziel has been with Chico's since April 1998. Prior to joining Chico's, he spent over 6 years coordinating store construction and site identification for a national chain of video rental stores. Marvin Gralnick, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. commented, "These outstanding individuals have been instrumental in creating the Chico's success story. The entire team is looking forward to continued growth for the balance of our fourth quarter and in the coming year." Chico's sells exclusively designed, private-label women's casual clothing and related accessories. The Company operates a chain of 246 stores in 39 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . The Company owns 235 stores, franchisees own 11. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Company's latest annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , its filings on Form 10-Q Form 10-Q See 10-Q. , management's discussion and analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial in the Company's latest annual report to stockholders, the Company's filings on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. , and other federal securities law filings for a description of other important factors that may affect the Company's business, results of operations and financial condition. For more detailed information, please call 877/424-4267 to listen to Chico's monthly sales information and investor relations Investor relations The process by which the corporation communicates with its investors. line A copy of a slide show addressing Chico's recent financial results and current plans for expansion is available on the Chico's website at http://www.chicos.com in the investor relations section For additional information on Chico's FAS, Inc. free of charge via the Internet, please go to http://tirc.com/invest/chicos/index.htm |
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