Susan P. McGalla was appointed Chief Executive Officer of our Company effective January 18, 2011. From 2009 to December, 2010, Ms. McGalla served as a retail consultant in the retail and financial industries. Ms. McGalla was previously President and Chief Merchandising Officer of American Eagle Outfitters (AEO), Inc. and served in that capacity from 2007 to 2009. She was responsible for the design, marketing, revenues, and performance for the entire corporation, including four brands and the e-commerce business. During her tenure, Ms. McGalla led the development and launch of aerie and 77 kids, two start-up brands. From 2003 to 2007, she was President and Chief Merchandising Officer of the AE Brand, during which she led revenue growth from $1 billion to $3 billion. Ms. McGalla served in a variety of management positions with AEO, Inc, from 1994 to 2003. From 1986 to 2003, Ms. McGalla held various merchandising and management positions with Joseph Horne, Co. a regional department store chain. Ms. McGalla serves on the boards of HFF, Inc., a public commercial real estate intermediary and the University of Pittsburgh, and was formerly on the executive committee and board of directors for the Allegheny Conference on Community Development.

Mr. Kenneth D. Seipel was appointed our President and Chief Operating Officer in March 2011. Prior to joining our Company, Mr. Seipel served as the President and Chief Merchandise/Marketing Officer of Pamida Discount Stores LLC since 2009. Previous to this, Mr. Seipel served as Executive Vice President of Stores, Operations and Store Design for the Old Navy division of Gap, Inc. from 2003 through 2008. Mr. Seipel also held various merchandising and operations management roles earlier in his career with Target Corporation, Shopko Stores, Inc. and J. C. Penney Company, Inc.

Mr. Steve Benrubi was appointed Executive Vice President and Chief Financial Officer of the Company on September 21, 2007. Since June 2005, Mr. Benrubi had previously served as the Company's Vice President and Corporate Controller. Immediately prior to that, from August 2003, he served as Vice President and Controller of CKE Restaurants, Inc., the parent company of several fast food restaurant chains including Carl's Jr. and Hardee's. Prior to his employment with CKE Restaurants, Inc., Mr. Benrubi served as Treasurer of Champion Enterprises, Inc.

Ms. Sharon Hughes was appointed our President and Chief Merchandise Officer for our Arden B division effective November 19, 2009. Ms. Hughes most recently served as a consultant to lead the Arden B merchant team from February 2008 to November 2009. Prior to that, from 2002 to 2008, Ms. Hughes provided merchandising and operational consulting services to various companies. From 1990 to 2002, Ms. Hughes was an employee of our Company, during which time she was involved in the formation of the Arden B concept, eventually serving as our senior vice president of merchandising for our Wet Seal division. From 1984 to 1990, Ms. Hughes served as a general merchandise manager at Saturday's World, a women's specialty retailer based in Seattle, Washington.