Wet Seal (WTSLA) Appoints Two New Board Members
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The Wet Seal, Inc. (NASDAQ: WTSLA) announced that Kathy Bronstein, retail consultant and former CEO of Wet Seal, and John Goodman, most recently Executive Vice President of Apparel and Home at Sears (Nasdaq: SHLD) and former CEO of Charlotte Russe, have joined the company’s Board of Directors, effective immediately. Ms. Bronstein and Mr. Goodman bring extensive retail experience including expertise in fast fashion merchandising.
Bronstein spent eighteen years at The Wet Seal, including 11 as CEO, and under her leadership the company increased its number of stores from just over 100 to over 600 and revenues grew from approximately $150 million to over $600 million. Most recently, Ms. Bronstein has advised numerous large public and venture capital-backed businesses, including Guess, Inc., Charlotte Russe Holdings, Seven for All Mankind Jeans and Brighton.
Goodman also has direct women’s junior apparel and fast fashion experience as the CEO of Charlotte Russe from 2008 to 2009, when the share price more than doubled during his tenure. His additional experience includes numerous senior leadership positions at various large retail companies, including Sears, Kmart, Levi Strauss and Gap. Most recently, he served as Executive Vice President of Apparel and Home at Sears Holdings Corporation from 2009 to 2012.
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Bronstein spent eighteen years at The Wet Seal, including 11 as CEO, and under her leadership the company increased its number of stores from just over 100 to over 600 and revenues grew from approximately $150 million to over $600 million. Most recently, Ms. Bronstein has advised numerous large public and venture capital-backed businesses, including Guess, Inc., Charlotte Russe Holdings, Seven for All Mankind Jeans and Brighton.
Goodman also has direct women’s junior apparel and fast fashion experience as the CEO of Charlotte Russe from 2008 to 2009, when the share price more than doubled during his tenure. His additional experience includes numerous senior leadership positions at various large retail companies, including Sears, Kmart, Levi Strauss and Gap. Most recently, he served as Executive Vice President of Apparel and Home at Sears Holdings Corporation from 2009 to 2012.
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