Johnson Rice Downgrades Stein Mart Inc. (SMRT) to Hold
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Stein Mart Announces CEO Change
September 29, 2016 7:30 AM EDTJACKSONVILLE, Fla., Sept. 29, 2016 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) (the Company) today announced that Dawn Robertson has tendered her resignation as Chief Executive Officer and as a director, and the Companys Board of Directors accepted that resignation effective as of September 27, 2016. Ms. Robertson also performed the duties of the chief merchandising officer. D. Hunt Hawkins, Stein Marts President and Chief Operating Officer, has been named Interim CEO and the Company will initiate a search for a new chief merchandising officer.
Some of the sales initiatives that have... More