The Wet Seal, Inc., the fashion-forward retailer to young women, hired John D. Goodman, formerly EVP, chief apparel and home officer, Sears Holdings, as CEO.
Mr. Goodman will assume his position as Chief Executive Officer on January 7, 2013. He initially joined the Company as a member of the board of directors on September 18, 2012.
Goodman is a well respected apparel industry executive with over 25 years of experience at well known companies such as Gap, Inc., Levi Strauss & Co., Mervyn’s, and Bloomingdale’s. He brings proven success in junior specialty store retailing and is recognized as an engaging and versatile leader. From 2008 to 2009, while he led the turnaround at Charlotte Russe, a publicly traded junior retailer with sales of over $800 million, the stock price more than doubled. Most recently, Mr. Goodman served as Executive Vice President, Chief Apparel and Home Officer, Sears Holdings, overseeing both the Sears and Kmart brands.
