Citi Trends (CTRN) Announces Resignation of Chief Merchandising Officer
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Citi Trends, Inc. (NASDAQ: CTRN) announced the resignation of Elizabeth R. Feher, the Company’s Executive Vice President and Chief Merchandising Officer.
The Company also announced that Ed Anderson, the Company’s Board Chairman, will temporarily resume his previous role as Executive Chairman and, in that capacity, oversee merchandising and marketing while the Company undertakes a search for a new Chief Merchandising Officer. “We appreciate Ed’s willingness to step in and assist the Company. We are confident that the Company will be able to focus fully on its search for a new chief merchant knowing those operations are in experienced, capable hands,” Mr. Alexander said.
The Company also announced that Ed Anderson, the Company’s Board Chairman, will temporarily resume his previous role as Executive Chairman and, in that capacity, oversee merchandising and marketing while the Company undertakes a search for a new Chief Merchandising Officer. “We appreciate Ed’s willingness to step in and assist the Company. We are confident that the Company will be able to focus fully on its search for a new chief merchant knowing those operations are in experienced, capable hands,” Mr. Alexander said.
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