Five Below Inc. appointed Mimi Vaughn, currently president, chief executive officer and chair of the Board of Genesco Inc., as an independent member of its Board of Directors.
“Mimi is an accomplished retail executive and we are thrilled to welcome her to our Board of Directors,” said Tom Vellios, non-executive chair of the Board of Five Below. “Her extensive experience as a leader in specialty retail further strengthens our Board and will be an asset to Five Below as we continue our rapid growth.”
Joel Anderson, Five Below’s CEO and president said, “Mimi is a dynamic leader who has firsthand experience leading a multi-brand specialty retailer with a significant focus on the teen customer. Having held a variety of leadership roles across strategy, finance and operations, Mimi has played an enormous part in the growth and success of Genesco and its brands over her 20 year tenure. We look forward to benefiting from her experience and insights as she joins our Board.”
Vaughn brings more than 20 years of leadership experience in specialty retail. She has been president, chief executive officer and chair of the Board of Genesco, Inc., the parent company of Journeys, since 2019.
Vaughn joined Genesco in September 2003 as vice president of strategy and business development. She was named senior vice president of strategy and business development in October 2006, senior vice president of strategy and shared services, including information technology and human resources in 2009 and senior vice president of finance and chief financial officer in 2015. In 2019, Vaughn was named senior vice president and chief operating officer and continued to serve as senior vice president of finance and chief financial officer until her successor was appointed in June 2019.
In 2019, Vaughn was appointed to become president and chief executive officer of Genesco on February 2, 2020, and was appointed as a director effective October 30, 2019. Before joining Genesco, Vaughn was executive vice president of business development and marketing and acting chief financial officer from 2000 to 2001, for Link2Gov Corp. in Nashville, TN. From 1993 to 1999, she was a consultant at McKinsey & Company in Atlanta, GA.
“Five Below is one of the fastest growing specialty retailers in the world, delivering a very unique, extreme value and fun shopping experience to tweens, teens and beyond,” said Vaughn. “I look forward to leveraging my diverse background leading a teen-focused brand and supporting Joel and the talented management team at Five Below as they continue their amazing growth.”
Photos courtesy Five Below/Genesco
