The Container Store Group (TCS) Announces Board Changes

The Container Store Group, Inc. (NYSE: TCS) (the “Company”), the leading specialty retailer of storage and organization solutions and custom closets, today announced the election of Lisa Klinger, who most recently served as the Chief Administrative and Financial Officer for Ideal Image Development Corp, as a Class III Director, effective March 29, 2022. She will also serve on the Audit Committee.

"We are very pleased to welcome Lisa to our Board of Directors. Her financial acumen and retail business expertise, as well as her experience serving as a public company director, will be an asset to our team and the work we are doing to maximize growth across all areas of the business,” said The Container Store President and CEO, Satish Malhotra.

Klinger will replace Timothy Flynn, who has resigned from the Board of Directors effective on March 29, 2022. Flynn is a Partner at Leonard Green and has served as a director of the Company since 2007.

“We also want to thank Tim for his decade-plus of service and guidance he has provided over the years. His contributions have helped enable the strong position we are in today,” said Malhotra.

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