Eddie Bauer Announces Hiring of Vice President, Outerwear Design
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SEATTLE, Oct. 6 /PRNewswire-FirstCall/ -- Eddie Bauer Holdings, Inc. (Nasdaq: EBHI) (the "Company") announces that it has hired Scott Hutsenpiller as Vice President, Outerwear Design.
Mr. Hutsenpiller is an award-winning design director with over 15 years experience as a senior designer. Most recently, Mr. Hutsenpiller was responsible for the design of two alpine ski collections for Spyder Active Sports, Inc. Before that, he spent four years as Director of Design and Product Innovation for Eastern Mountain Sports. Between 1996 and 2004, Mr. Hutsenpiller worked with Nike Inc in two roles: Advanced Design Director for the NikeACG / Global Apparel business from 2000 to 2004 and Senior Product Designer from 1996 to 2000. Mr. Hutsenpiller has also held design roles at Tommy Hilfiger, Polo Ralph Lauren, and Patagonia.
Pirkko Karhunen, SVP Design, commented, "We are very excited that Mr. Hutsenpiller is joining our team. I am confident that his passion for our company, his admiration of our heritage, and his extensive experience in outerwear will help to elevate this key part of our brand. His reputation as a strong and inspirational leader precedes him, and I know he will bring the best out in our already strong team of outerwear designers."
As an inducement to join the Company, Mr. Hutsenpiller was granted, effective September 29, 2008, 4,250 restricted stock units that will become 100% vested at the conclusion of four years of service, and options to purchase 12,750 shares of the Company's common stock, vesting ratably over four years and priced at the closing price of the Company's common stock on September 29, 2008. These awards are inducement awards under NASDAQ Marketplace Rule 4350(i).
About Eddie Bauer
Established in 1920 in Seattle, Eddie Bauer is a specialty retailer that sells outerwear, apparel and accessories for the active outdoor lifestyle. The Eddie Bauer brand is a nationally recognized brand that stands for high quality, innovation, style and customer service. Eddie Bauer products are available at 372 stores throughout the United States and Canada, through catalog sales and online at http://www.eddiebauer.com. Eddie Bauer participates in a joint venture in Japan and has licensing agreements across a variety of product categories.
Contact: Tom Helton, Senior Vice President Human Resources, 425-755-6311
SOURCE Eddie Bauer Holdings, Inc.
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