Collective Brands, Inc. announced that Richard L. Markee has been elected to its board of directors, with a term to expire in 2014.
Markee, age 58, has served as Executive Chairman of Vitamin Shoppe, Inc. since April 4, 2011. He has served as a director since September 2006, and was non-executive Chairman of the Board and a Director from April 2007 to September 2009. From September 8, 2009 to April 4, 2011, he served as the Company’s Chief Executive Officer and as Chairman of the Board. He previously served as the President of Babies R Us from August 2004 to November 2007 and Vice Chairman of Toys R Us, Inc. from May 2003 through November 2007.
Said Scott Olivet, Non-Executive Chairman, of Collective Brands, Inc. “Rick is an excellent leader who has exceptional experience in branding, product, and retail operations. He will bring a powerful consumer orientation and financial acumen to the Board.”
With the addition of Mr. Markee, the Collective Brands Board of Directors now consists of nine directors, all of who are independent directors.
