Stein Mart Selects James B. Brown as Chief Financial Officer
December 17 2018 - 4:00PM
Stein Mart, Inc. (NASDAQ: SMRT) (the “Company”) today announced the
appointment of James B. Brown as Executive Vice President and Chief
Financial Officer (“CFO”) effective December 17.
Mr. Brown joins Stein Mart from Adrianna Papell Group, where he
was CFO. He previously held CFO positions at Gordmans Stores and
Hancock Fabrics and was Senior Vice President, Finance with Fred’s,
Inc. Mr. Brown will have responsibility for Stein Mart’s finance,
internal audit, investor relations and asset protection areas.
“James’ strong financial and retail industry background,
including off-price experience, makes him a great addition to our
team,” said D. Hunt Hawkins, Chief Executive Officer. “His
leadership and strategic insight will complement our efforts and
build on the progress we have already made to strengthen our
financial position.”
Mr. Brown succeeds Gregory W. Kleffner, whose pending retirement
was announced in October. To ensure a smooth transition of
responsibilities, Mr. Kleffner will remain with the Company through
the end of the fiscal year and then serve in an advisory
capacity.
About Stein Mart Stein Mart, Inc. is a national
specialty off-price retailer offering designer and name-brand
fashion apparel, home décor, accessories and shoes at everyday
discount prices. Stein Mart provides real value that customers will
love every day both in stores and online. The Company currently
operates 288 stores across 30 states. For more information, please
visit www.steinmart.com.
For more information:Linda L. TasseffDirector, Investor
Relations(904) 858-2639ltasseff@steinmart.com
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