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DETROIT CORPORATE LEADER ANNOUNCES JANUARY 1993 RETIREMENT

 DETROIT CORPORATE LEADER ANNOUNCES JANUARY 1993 RETIREMENT
 DETROIT, May 21 /PRNewswire/ -- Andrew J. Soffel, chairman of the board, president and chief executive officer of Detroit-based Crowley, Milner and Company (AMEX: COM) (Crowley's), today announced his retirement effective Jan. 30, 1993.
 Soffel has held the position of chairman, president and CEO with the company since March 1991. Prior to that time, he had served the company in the following capacities: president and chief executive officer since March 1988; executive vice president and chief operating officer from February 1987 to March 1988; senior vice president and chief financial officer from February 1986 to January 1987; senior vice president and secretary from 1983 to 1987; and vice president, chief financial officer and treasurer from 1977 to 1986.
 Soffel is also very active in community and professional organizations. He is director of the National Retail Federation; director of Frederick Atkins, Inc.; trustee of the U.S. Marine Corps Command and Staff College Foundation; Financial Executives Institute, former member of the Executive Committee of the Better Business Bureau of Detroit; member of the Executive Committee, member of the National Board of Trustees ALSA, Amyotrophic Lateral Sclerosis Association (Lou Gehrigs Disease), and the Detroit Chapter of ALS; chairman of the board of trustees of the Attic Theatre; Detroit Athletic Club; Longue Vue Country Club; Pittsburgh Athletic Association; Chautauqua Golf Club; The Bestor Society of the Chautauqua Institution; and University of Pittsburgh Alumni Association.
 He graduated from the Mercersburg Academy in 1948 and the University of Pittsburgh in 1952 with a BA degree. He entered the U.S. Marine Corps Reserve, Officers Candidate Course in 1952 and was honorably discharged in 1954. He attained the rank of captain.
 Citing the fact that he will be 63 in 1993, Soffel stated, "Retirement is the natural progression of life. I've been with the Crowley's organization since November 1977 and had planned to retire at the age of 60. However, due to the uncertainty of the past two years, we, the board of Crowley's, felt that it was important that I continue as chairman and chief executive officer. We now feel that Crowley's is properly structured to move forward. Working with Crowley's has been one of the most fulfilling and rewarding opportunities in my career."
 "Over the past few years, there has been a dramatic change in the retail climate, and we as a corporation have accepted the challenges. The programs that we have undertaken will return us to profitability," added Soffel. "Our Crowley's team is extraordinary, and I am proud to have been a part of their sincere efforts and achievements on behalf of the company and its shareholders. The board will now conduct a search for a new chief executive officer both within and outside of the company."
 -0- 5/21/92
 /CONTACT: Angie Bournias of Creative Services, 313-964-4670, for Crowley, Milner and Company/
 (COM) CO: Crowley, Milner and Company ST: Michigan IN: REA SU: PER


SB -- DE008 -- 2724 05/21/92 10:33 EDT
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Publication:PR Newswire
Date:May 21, 1992
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