Susan McGalla Promoted to Oversee American Eagle Inc.'s Portfolio of
Brands; Laura Dubin Wander Named President of MARTIN + OSA
WARRENDALE, PA., March 29 /CNW/ - American Eagle Outfitters, Inc.
(NYSE: AEO) today announced key promotions and an expansion of its leadership
team. On the heels of record annual earnings and profits, the new structure is
designed to fuel ongoing growth and maintain the company's ability to deliver
outstanding results through on-trend assortments, a high quality to price
value ratio, and operational discipline.
Susan McGalla is promoted to president and chief merchandising officer of
American Eagle Outfitters, Inc. In this new role, Ms. McGalla will add MARTIN
+ OSA, the company's new sportswear concept targeting 25- to 40-year-old women
and men, to her accountabilities. While Ms. McGalla's responsibilities have
expanded, the majority of her time will remain with the core AE brand and on
aerie by American Eagle.
New to American Eagle Outfitters, Inc., Laura Dubin Wander will join the
company as president of MARTIN + OSA this April, reporting directly to Susan
McGalla. Ms. Wander will lead the design, merchandising, and marketing, as
well as all operational functions for MARTIN + OSA. Most recently, Ms. Wander
was president of Dana Buchman and Laundry by Shelli Segal, both divisions of
Liz Claiborne Inc. Prior to Liz Claiborne, Ms. Wander worked at Victoria's
Secret Catalogue as a director of merchandising, and as a buyer at J.Crew Inc.
"This is an exciting time for American Eagle Outfitters. As we continue
to grow as a corporation, it's important that we leverage the talent of our
world-class leaders across all aspects of the business, while making strategic
additions to complement the existing team," said Jim O'Donnell, chief
executive officer of American Eagle Outfitters, Inc. "The promotion of Susan
McGalla and the addition of Laura Dubin Wander, along with other key
promotions, put our company in an even stronger position for the future." Mr.
O'Donnell's position as CEO will remain unchanged.
Other key promotions to set the stage for the company's next level of
-- Henry Stafford is promoted to senior vice president and chief
merchandising officer for the AE Brand, including the men's, women's and
accessories divisions, reporting to Ms. McGalla. Over the past three-plus
years as vice president and general merchandising manager of AE's men's
business, Mr. Stafford has delivered outstanding, consistent results, as well
as demonstrated strong leadership at the company. He has led a number of
large-scale, cross-functional brand and corporate initiatives, including the
implementation of a new product development structure and AE's expansion in
Canada. Reporting to Mr. Stafford are women's general merchandise managers,
Roberto Croce and Janet Hayes-Daniel, as well as a men's general merchandising
manager, who has yet to be selected.
-- Betsy Schumacher is promoted to senior vice president and chief
merchandising officer for aerie, reporting to Ms. McGalla. Ms. Schumacher
spearheaded the highly successful launch of the aerie brand and will oversee
the brand's aggressive expansion in 2007 and beyond.
-- Kathy Savitt will assume the title of executive vice president and
chief marketing officer for American Eagle Outfitters, Inc. In this new role,
Savitt will oversee multi-channel marketing and the AE Direct (online)
business for the company's portfolio of brands, including American Eagle,
aerie and MARTIN + OSA. She will continue to report directly to Susan McGalla.
About American Eagle Outfitters Inc.
American Eagle Outfitters (NYSE: AEO) is a leading retailer that operates
under the American Eagle Outfitters and MARTIN + OSA brands.
American Eagle Outfitters designs, markets and sells its own brand of
laidback, current clothing targeting 15 to 25 year-olds, providing
high-quality merchandise at affordable prices. AE's original collection
includes standards like jeans and graphic Ts as well as essentials like
accessories, outerwear, footwear, basics and swimwear. American Eagle
currently operates 833 stores in 50 states, the District of Columbia and
Puerto Rico, and 72 AE stores in Canada. American Eagle also operates ae.com,
which offers additional sizes and styles of favorite AE merchandise and ships
around the world. The American Eagle brand also includes a new collection of
dormwear and intimates, "aerie by American Eagle." aerie is available in
American Eagle stores across the country and at aerie.com. It includes bras,
undies, camis, hoodies, robes, boxers, sweats and leggings for the AE girl.
Designed to be sweetly sexy, comfortable and cozy, aerie offers AE customers a
new way to express their personal style everyday, from the dormroom to the
coffee shop to the classroom.
The company also introduced MARTIN + OSA, a new sportswear concept
targeting 25 to 40 year-old women and men. MARTIN + OSA carries apparel,
accessories and footwear, using denim and sport inspiration to design fun and
sport back into sportswear. MARTIN + OSA currently operates seven stores. For
additional information and updates, visit www.martinandosa.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform
Act of 1995: This release contains forward-looking statements, which represent
our expectations or beliefs concerning future events, specifically regarding
future growth and results. All forward-looking statements made by the company
involve material risks and uncertainties and are subject to change based on
factors beyond the company's control. Such factors include, but are not
limited to the risk that future growth plans or earnings expectations may not
be achieved and those other risks described in the Risk Factor Section of the
company's Form 10-K and Form 10-Qs filed with the Securities and Exchange
Commission. Accordingly, the company's future performance and financial
results may differ materially from those expressed or implied in any such
forward-looking statements. The company does not undertake to publicly update
or revise its forward-looking statements even if future changes make it clear
that projected results expressed or implied will not be realized.
For further information:
For further information: American Eagle Outfitters Inc. Jani Strand,
724-779-6149 email@example.com OR Judy Meehan, 724-776-4857 firstname.lastname@example.org