Urban Outfitters, Inc. announced that John Kyees has accepted an offer to become the Company's Chief Financial Officer. Mr. Kyees has had extensive experience in the financial management of a number of specialty retail companies including the Express division of the Limited, Inc. and, most recently, bebe Stores, Inc.
“We are very excited to have John join our management team,” said Mr. Hayne, President and Chairman of Urban Outfitters, Inc. “We believe that his considerable knowledge and understanding of specialty retailing will be very valuable as we continue to execute our aggressive growth strategy.”
In another change, the Company announced that David Frankel, President of Free People, the wholesale brand that designs and sells young contemporary women's apparel, has tendered his resignation in order to pursue other business opportunities. Glen Senk, Executive Vice President, has assumed all managerial responsibilities for the brand until Mr. Frankel's replacement is named.
