People: Wet Seal Inc (WTSL.OQ)

WTSL.OQ on NASDAQ Stock Exchange Global Select Market

0.97USD
23 Jul 2014
Price Change (% chg)

$0.03 (+3.48%)
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Summary

Name Age Since Current Position

Lynda Davey

58 2012 Chairman of the Board

John Goodman

48 2013 Chief Executive Officer, Director

John Mills

65 2014 Vice Chairman of the Board

Steven Benrubi

46 2013 Chief Financial Officer, Executive Vice President, Corporate Secretary

Lesli Gilbert

43 2013 Executive Vice President - Stores and Operations

Tamara Chamberlain

2013 Vice President, General Merchandise Manager - Arden B Division

Nancy Lublin

42 2014 Independent Director

Kenneth Reiss

70 2005 Independent Director

Adam Rothstein

42 2014 Independent Director

Deena Varshavskaya

33 2014 Independent Director

Biographies

Name Description

Lynda Davey

Ms. Lynda J. Davey serves as Chairman of the Board of The Wet Seal, Inc., effective October 04, 2012. Ms. Davey is Chair of the Board of Directors and is a member of the Compensation Committee. Ms. Davey has served as Chairperson and Chief Executive Officer of Avalon Group Ltd, a boutique investment bank, and Avalon Securities Ltd., a FINRA and SEC registered broker dealer, since she co-founded the companies in 1992. Prior to her work at Avalon, Ms. Davey worked at Salomon Brothers, an investment banking firm, and was President of Tribeca Corp, a merchant bank with large equity investments in public consumer companies and private buyouts. Ms. Davey serves on the board and chairs the audit committee of the Girl Scout Council of Greater New York, Inc. Ms. Davey is also founder and manager of Verite Capital Partners, a consulting and investment firm, and from 1998 to 2001, Ms. Davey served on the Advisory Council of Wells Fargo's Capital Finance Group and its predecessor entity, the Paragon Capital Retail Group. Ms. Davey previously served on the board of directors and was head of the audit committee for ICTS International, an Amsterdam based public security firm, served as a board member of Tuffy Associates Corp., a private auto service franchiser, Jane Cosmetics and Textus, a private textile company, and was a founding member of the Advisory Board of FIT's Center for Design Innovation. Our Board of Directors believes that Ms. Davey's extensive knowledge of consumer product and retail companies, and her experience as an executive and expert in investment banking and corporate transactions, qualify her for her continued service on the Board of Directors.

John Goodman

Mr. John D. Goodman has been appointed as the Chief Executive Officer, Director of Wet Seal Inc., since January 7, 2013. Prior to joining our Company, Mr. Goodman was Executive Vice President, Apparel and Home at Sears Holding Corporation from November 2009 until January 2012. Mr. Goodman was also the Chief Executive Officer and a member of the board of directors of Charlotte Russe Holding, Inc., from November 2008 to October 2009. From April 2008 to October 2008, Mr. Goodman served as President and Chief Executive Officer of Mervyn's LLC department stores, which filed for Chapter 11 bankruptcy protection in July 2008. From 2005 to 2008, Mr. Goodman served as President and General Manager of the Dockers brand at Levi Strauss & Co., and from 2003 to 2005, Mr. Goodman was the Senior Vice President and Chief Apparel Officer for Kmart Holding Corporation. Earlier in his career, Mr. Goodman held various executive positions over a 10 year period while at Gap, Inc. Mr. Goodman previously served on the board of directors of Bleach Group, Inc., a lifestyle brand company. Our Board of Directors believes that Mr. Goodman's extensive experience in the retail industry, and particularly in senior management roles, and his leadership ability qualify him for his continued service on the Board of Directors.

John Mills

Mr. John S. Mills serves as Vice Chairman of the Board of Wet Seal, Inc. Mr. Mills is a member of Audit and Compensation Committees. Since 2006, Mr. Mills has served as President of SDE, a consulting firm that specializes in the retail sector, store operations and growth strategies. From 2004 to 2006, Mr. Mills was Chairman of the Board of G and G Stores Inc., a specialty retailer focused on teenage women. From 2000 to 2004, Mr. Mills served as the President and Chief Operating Officer of Aeropostale Inc., and was the Executive Vice President - Director of Operations at Aeropostale, Inc. from 1998 to 2000. Mr. Mills served on the board of directors for Aeropostale, Inc. from 1998 to 2004. From 1994 to 1998, Mr. Mills held several executive positions in operations for Federated Specialty Stores, the specialty retail division of Federated Department Stores, Inc. Mr. Mills also held various executive positions within the divisions, including its specialty store division, of R.H. Macy & Co., Inc. Mr. Mills currently serves on the board of directors of VILLA, Inc., an apparel and footwear retailer. Mr. Mills has served as a private advisor to Cerberus Capital and Rosewood Capital, and on the board of directors of Marc Ecko Enterprises, a global fashion and lifestyle company. Our Board of Directors believes that Mr. Mills' expertise as an executive in the apparel retail industry, his advisory practice and his experience as a member of the board of directors for several companies qualify him for his continued service on the Board of Directors.

Steven Benrubi

Mr. Steven (Steve) H. Benrubi is the Chief Financial Officer, Executive Vice President, Corporate Secretary of Wet Seal Inc., since September 2007. Since June 2005, Mr. Benrubi had previously served as our Vice President and Corporate Controller. Immediately prior to that, from August 2003, he served as Vice President and Corporate Controller of CKE Restaurants, Inc., a public corporation and the parent company of several fast-food restaurant chains, including Carl's Jr. and Hardee's. Prior to his employment with CKE Restaurants, Inc., Mr. Benrubi served as treasurer of Champion Enterprises, Inc., a public corporation and manufacturer and retailer of manufactured homes.

Lesli Gilbert

Ms. Lesli Gilbert is Executive Vice President - Stores and Operations of Wet Seal, Inc., since June 2013. Most recently, Ms. Gilbert was Senior Vice President of Stores at The Talbots, Inc., where she was responsible for developing the stores strategy and framework to reposition the business. Prior to Talbots, Ms. Gilbert held various general management positions with responsibility for sales, marketing, training and customer service with T-Mobile US, Inc. and Gap Inc. Earlier in her career, she held regional and district sales manager positions with Charlotte Russe, Inc., Discovery Channel, Sunglass Hut International and The Limited.

Tamara Chamberlain

Ms. Tamara Chamberlain has been appointed as Vice President, General Merchandise Manager - Arden B Division of Wet Seal, Inc., effective April 15, 2013. Ms. Chamberlain comes to Wet Seal with 15 years of experience in retail, having most recently served as General Merchandise Manager for contemporary women's retailer bebe stores, Inc. Earlier in her career, she held various merchandising leadership roles at Pacific Sunwear of California, Inc. and Nordstrom, Inc.

Nancy Lublin

Ms. Nancy Lublin is Independent Director of the Company. Nancy Lublin, a strategist with expertise in teen brand marketing, technology, the internet, next stage fundraising, and corporate citizenship, is the CEO of DoSomething.org, one of the largest organizations in America for young people and social change with more than 2.5 million active users. Lublin previously founded Dress for Success in 1996, an organization that helps women transition from welfare to work. In 2013, while already with DoSomething.org, Lublin turned her popular TED talk into her third company, raising $4 million to launch Crisis Text Line (CTL). CTL processed one million messages in its first six months and is heralded as a pioneer in big data for social good. She has been awarded various honors, including Forbes Magazine "Trailblazer Award," Ms. Magazine "Feminists for the 21st Century," Fast Company Magazine "Fast 50 Award," a World Economic Forum "Young Global Leader," NYC Women's Commission Woman of the Year and she currently serves as an Aspen Institute Crown Fellow.

Kenneth Reiss

Mr. Kenneth M. Reiss serves as a Independent Director of Wet Seal, Inc., since January 27, 2005. Mr. Reiss is Chairman of our Audit Committee and also serves as a member of our Nominating and Governance Committee. Prior to his retirement in June 2003, Mr. Reiss was a partner at the accounting firm of Ernst & Young L.L.P., where he served as the lead auditor for several publicly traded companies, including Toys “R” Us, Inc., Staples, Inc., Phillips-Van Heusen, Inc. and Kenneth Cole Productions, Inc. Mr. Reiss serves on the Board of Directors, is the Chairman of the Audit Committee and a member of the Governance and Nominating Committee of Harman International Industries, Inc., a manufacturer of audio and electronic products for automotive, consumer and professional use. Mr. Reiss also serves on the Board of Directors and is the Chairman of the Audit Committee of The Children's Place Retail Stores, Inc. Additionally, Mr. Reiss previously served on the boards of directors of each of Eddie Bauer Holdings, Inc., a holding company that operates a specialty retailer of men's and women's apparel, and Guitar Center, Inc., a musical instrument retail chain. Our Board of Directors believes that Mr. Reiss' extensive audit, accounting and financial experience and expertise, and his knowledge and experience with retail and apparel companies, qualify him for his continued service on the Board of Directors.

Adam Rothstein

Mr. Adam L. Rothstein is Independent Director of the Company. Adam Rothstein is General Partner at Disrupt-ive Technologies Partners, an early stage venture fund making equity and equity related investments, and lead independent advisor to Gans Family Investments (GFI) and the Franklin/Eckstein Family for their public and private equity portfolios. Rothstein previously served as Chief Investment Officer of Intana Management, a market neutral hedge fund concentrating in the technology, media and entertainment sectors. Mr. Rothstein has over 15 years of investment experience, previously performing analysis on the technology and media sectors for Weber Capital Partners/Bluewater Capital Management.

Deena Varshavskaya

Ms. Deena Varshavskaya is Independent Director of the Company. Deena Varshavskaya is the founder and CEO of Wanelo, the largest and fastest growing social shopping platform used by millions of people to discover and purchase products they love. Wanelo was founded in 2010 by Varshavskaya. She was recently named as one of the 15 up-and-comers to keep an eye on in Vanity Fair's Next Establishment List and was included on the "100 Most Intriguing Entrepreneurs" list by Goldman Sachs.

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