Michael W. Barnes Named Chairman, President, and CEO of francesca's

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Francesca's (FRAN) is Becoming More Speculative Amid Weak Results, CEO Change - Stifel

December 5, 2014 11:13 AM EST

Stifel maintains Francesca's (Nasdaq: FRAN) at Hold following news that the company has appointed Michael Barnes as Chairman, President, and CEO, effective immediately.

Analyst Richard Jaffe commented: In connection with todays announcement, the company pre-released its 3Q results. Consistent with the lower end of guidance and in line with... More

Francesca's (FRAN) Taps Signet's (SIG) Barnes as CEO

December 5, 2014 6:39 AM EST

Francesca's (NASDAQ: FRAN) announced that specialty retailing veteran Michael W. Barnes has been named Chairman, President, and Chief Executive Officer, effective immediately. He succeeds Neill Davis, who has resigned as President, CEO and a Director. Greg Brenneman, Chairman of the Board since 2010, has been named Lead Director.

Mr. Barnes joins francesca's after serving as Chief Executive Officer of Signet Jewelers, Ltd. (NYSE: SIG) since 2011. He led Signet's $1.46 billion acquisition of Zale Corp., which transformed Signet into the largest specialty jewelry retailer in... More