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PacSun (PSUN) Names Schoenfeld as President, CEO

June 17, 2009 4:10 PM EDT
PSUN Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

Revenue Growth %: -6.5%
Pacific Sunwear of California, Inc. (Nasdaq: PSUN), today announced that Gary Schoenfeld, who previously served as President and CEO of Vans, Inc. and Co-CEO and President of Global Brands Group, will become President and CEO of the Company, effective June 29, 2009.

Mr. Schoenfeld will succeed Sally Frame Kasaks, who has served as CEO since 2006 and as Chairman of the Board since 2007. Ms. Kasaks will remain a member of the Company's Board of Directors. The Company also announced that Lead Director Peter Starrett will assume the role of Non-Executive Chairman of the Board.

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