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SPIEGEL ANNOUNCES RESIGNATION OF EDDIE BAUER PRESIDENT/CEO

 SPIEGEL ANNOUNCES RESIGNATION OF EDDIE BAUER PRESIDENT/CEO
 DOWNERS GROVE, Ill., July 17 /PRNewswire/ -- Spiegel, Inc. (NASDAQ: SPGLA) announced today that Wayne Badovinus has resigned as president and chief executive officer of Eddie Bauer for personal reasons, effective July 31.
 Wayne Badovinus joined Eddie Bauer Nov. 1, 1987, as chairman and chief executive officer.
 Alton Withers, executive vice president and chief financial officer of Spiegel, will serve as acting president and chief executive officer of Eddie Bauer while a search for a new president and chief executive officer is conducted.
 Eddie Bauer is a wholly owned subsidiary of Spiegel, Inc.
 Spiegel, Inc. is the dominant multichannel specialty retailer marketing fashionable apparel and home furnishings to discerning customers through catalogs and over 250 specialty retail stores. Spiegel's businesses include Eddie Bauer, Crayola Kids and For You from Spiegel.
 -0- 7/17/92
 /CONTACT: Debbie Koopman of Spiegel, 708-769-2596/
 (SPGLA) CO: Spiegel Inc.; Eddie Bauer ST: Illinois IN: REA SU: PER


CK -- NY042 -- 0265 07/17/92 12:52 EDT
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Publication:PR Newswire
Date:Jul 17, 1992
Words:168
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