FORT MYERS, Fla., Sept. 27 /PRNewswire-FirstCall/ -- Chico's FAS, Inc.
(NYSE: CHS) today announced that Scott A. Edmonds, President and Chief
Executive Officer, has been elected to serve in the additional position of
Chairman of the Board. The Board's action was taken after its vote to accept
Michael Weiss' resignation, which was submitted following his appointment as
Chief Executive Officer of Express, as required by the Company's policies.
The Board also voted to appoint Ross Roeder, one of the Company's seven
independent directors, as Lead Director and to reduce the number of Board
seats from 10 to 9.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO )
Mr. Edmonds stated, "I am honored by this appointment and thank the Board
for its confidence in me. I would also like to thank Michael Weiss for his
outstanding service as our first non-executive Chair. We will miss his
insight and enthusiasm and wish him well in his new position."
Mr. Weiss stated, "I have enjoyed my time serving on the Chico's FAS Board
and have great respect for the Board members and the management team. I will
miss the relationship but will continue following the Company."
The Company is a specialty retailer of private branded, sophisticated,
casual-to-dressy clothing, intimates, complementary accessories, and other
non-clothing gift items. The Company operates 976 women's specialty stores,
including stores in 48 states, the District of Columbia, the U.S. Virgin
Islands and Puerto Rico operating under the Chico's, White House | Black
Market and Soma Intimates names. The Company has 579 Chico's front-line
stores, 36 Chico's outlet stores, 276 White House | Black Market front-line
stores, 19 White House | Black Market outlet stores, 65 Soma Intimates front-
line stores and 1 Soma Intimates outlet store.
Certain statements contained herein, including without limitation,
statements addressing the beliefs, plans, objectives, estimates or
expectations of the Company or future results or events constitute "forward-
looking statements" within the meaning of the Private Securities Litigation
Reform Act of 1995, as amended. Such forward-looking statements involve known
or unknown risks, including, but not limited to, general economic and business
conditions, and conditions in the specialty retail industry. There can be no
assurance that the actual future results, performance, or achievements
expressed or implied by such forward-looking statements will occur. Users of
forward-looking statements are encouraged to review the Company's latest
annual report on Form 10-K, its filings on Form 10-Q, management's discussion
and analysis in the Company's latest annual report to stockholders, the
Company's filings on Form 8-K, and other federal securities law filings for a
description of other important factors that may affect the Company's business,
results of operations and financial condition. The Company does not undertake
to publicly update or revise its forward-looking statements even if experience
or future changes make it clear that projected results expressed or implied in
such statements will not be realized.
For more detailed information, please call (877) 424-4267 to listen to the
Company's monthly sales information and investor relations line
A copy of a slide show addressing the Company's recent financial results and
current plans for expansion is available on the Company's website at
http://www.chicos.com in the investor relations section under Our Company
Additional investor information on Chico's FAS, Inc. is available free of
charge on the Company's website at http://www.chicos.com in the investor
relations section under Our Company
Executive Contacts:
Charles J. Kleman F. Michael Smith
Executive Vice President Vice President
Chief Financial Officer Investor and Community Relations
Chico's FAS, Inc. Chico's FAS, Inc.
(239) 274-4105 (239) 274-4797
SOURCE Chico's FAS, Inc.
-0- 09/27/2007
/CONTACT: Charles J. Kleman, Executive Vice President, Chief Financial
Officer, +1-239-274-4105, or F. Michael Smith, Vice President, Investor and
Community Relations, +1-239-274-4797, both of Chico's FAS, Inc./
/Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030428/CHICOLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com/
/Web site: http://www.chicos.com /
(CHS)
CO: Chico's FAS, Inc.
ST: Florida
IN: REA FAS
SU: PER
TP-JK
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7594 09/27/2007 08:00 EDT http://www.prnewswire.com