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Jefferies Raises price Target as Francesca's (FRAN) Appoints New CEO

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francesca's® Announces Appointment of Steven P. Lawrence as President and Chief Executive Officer

September 20, 2016 4:45 PM EDT

HOUSTON, Sept. 20, 2016 (GLOBE NEWSWIRE) -- Francesca's Holdings Corporation (Nasdaq: FRAN) (the Company) today announced the appointment of Steven P. Lawrence as President and Chief Executive Officer. Mr. Lawrence was also appointed to the Companys Board of Directors. He will assume his roles with the Company in October 2016. Upon Mr. Lawrences official assumption of his duties, Richard Kunes, who has been serving as the Companys Interim Chairman of the Board, President and Chief Executive Officer since May 2016, will become the Companys Chairman of the Board.

Mr. Lawrence currently... More