Lisa Gavales Joins Destination Maternity’s Board of Directors
18 Marzo 2019 - 9:30PM
Business Wire
– Announces Departure of Current Board Member
Holly Alden –
Destination Maternity Corporation (NASDAQ: DEST), the world's
leading maternity apparel retailer, today announced that it has
appointed Lisa Gavales to the Board of Directors (the “Board”),
effective March 18, 2019. Ms. Gavales brings over 25 years of
public and private company leadership experience, with a focus on
retail, digital and strategic operations, ecommerce, corporate
governance, and marketing. Ms. Gavales will be a member of the
firm’s Nominating & Corporate Governance committee. In
conjunction with this appointment, current Board member Holly Alden
has resigned to pursue other interests, effective March 13,
2019.
Anne-Charlotte Windal, Destination Maternity’s Independent Chair
of the Board of Directors, said, “We are very pleased to welcome
Lisa to our Board of Directors and look forward to benefiting from
her strong operational leadership experience and background in
brand building, digital and ecommerce. We believe Lisa's extensive
experience will be highly valuable as the Company continues to
optimize its operations across brick-and-mortar and digital
channels, improves profitability and rationalizes expenses. We
would also like to thank Holly for her many contributions to
Destination Maternity’s ongoing transformation and we wish her well
in her future endeavors.”
Ms. Gavales has served interim leadership positions for Bluestem
Brands since October 2017, first as President of its Northstar
portfolio and since February 2018 as Interim CEO. Before Bluestem,
Lisa was Chairman, Chief Executive Officer and President of Things
Remembered. Prior to that, she served as President and Chief
Marketing Officer of Talbots. Before Lisa joined Talbots in 2013,
she was Executive Vice President, Chief Marketing Officer and Chief
Digital Officer at EXPRESS and also started express.com. Earlier in
her career, Lisa spent over a decade at Bloomingdale’s where she
held a variety of positions including General Merchandise Manager
and Senior Vice President of Marketing and was responsible for the
launch of bloomingdales.com. Lisa currently sits on the boards of
Bluestem, True Religion, and Goodwill of Greater Cleveland. Lisa
has an MBA and BS from the University of Bridgeport.
“I am honored to join the Destination Maternity Board of
Directors and to work with an exceptional company at such an
exciting point in its growth trajectory,” said Ms. Gavales. “I have
always admired the Company’s brand portfolio and have tremendous
respect for Marla and the entire leadership team. I look forward to
working with them and being a part of Destination Maternity’s
ongoing transformation.”
About Destination
Maternity
Destination Maternity Corporation is the world's largest
designer and retailer of maternity apparel. As of November 3, 2018,
Destination Maternity operates 1,108 retail locations in the United
States, Canada and Puerto Rico, including 474 stores, predominantly
under the trade names Motherhood Maternity®, A Pea in the Pod® and
Destination Maternity®, and 634 leased department locations. The
Company also sells merchandise on the web primarily through its
brand-specific websites, motherhood.com and apeainthepod.com, as
well as through its destinationmaternity.com website. Destination
Maternity has international store franchise and product supply
relationships in the Middle East, South Korea, Mexico, Israel and
India. As of November 3, 2018, Destination Maternity has 187
international franchised locations, including 10 standalone stores
operated under one of the Company's nameplates and 177 shop-in-shop
locations.
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version on businesswire.com: https://www.businesswire.com/news/home/20190318005785/en/
Sloane & CompanyErica Bartsch / Alex Kovtun,
212-486-9500EBartsch@sloanepr.com / Akovtun@sloanepr.com
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