Mandarino to succeed Kenneth M. Young on the Company’s board
bebe stores, inc. (OTCQB:BEBE) (the “Company”) today announced Perry M.
Mandarino has been appointed to the Company’s Board of Directors (the
“Board”), effective April 22, 2019. Kenneth M. Young, a director on the
Board since 2018, has resigned his role to focus on other endeavors,
effective on the same date. Mr. Mandarino is an accomplished business
executive who brings more than 30 years of experience in corporate
finance and significant retail and consumer industry expertise.
“We are excited to welcome Perry to bebe’s board of directors. Perry
brings deep knowledge of our industry and has served as a trusted
advisor to us throughout the successful completion of our business
transformation. We look forward to his future contributions as we
continue to focus on executing on our core strategy,” said Manny
Mashouf, Founder and Chief Executive Officer. “In addition, we truly
appreciate the service Kenny has provided to the Board during his tenure
and wish him all the best in his future endeavors.”
Mr. Mandarino currently serves as senior managing director, co-head of
investment banking and head of corporate restructuring at B. Riley FBR,
Inc. He has advised more than 400 companies over the course of his
career as a financial advisor and has significant experience helping
retail and consumer companies navigate complex debt and equity
transactions and in developing strategic solutions in support of
companies’ business transformation initiatives.
Mr. Mandarino is nationally recognized for his contributions to the
industry as a thought leader. He regularly speaks at conferences and is
a frequent contributor to the media on the evolving retail industry
landscape. He regularly appears on CNBC, Fox Business, and Bloomberg TV
and has been featured in The Wall Street Journal, USA Today, among
others.
About bebe stores, inc.
bebe is a global specialty retailer of women’s apparel and accessories
that distributes and sells bebe branded products through its licensees
and www.bebe.com
in approximately 21 countries.
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