Express, Inc. (NYSE: EXPR), a leading fashion apparel retailer, today
announced that the Company’s Board of Directors has appointed Timothy
Baxter Chief Executive Officer, effective June 17. He will assume
day-to-day leadership of the company and will also join Express’ Board
of Directors.
Mr. Baxter will succeed Matthew Moellering, who has served as Interim
President and Interim CEO since January 2019. Mr. Moellering will remain
with Express as Executive Vice President and Chief Operating Officer.
The company’s Chairwoman of the Board, Mylle Mangum, commented, “We are
thrilled to have Tim join Express. He is a seasoned retail executive and
a strong merchant. Tim’s expertise in both specialty retail and
department stores provides a unique perspective. He has proven public
company leadership experience and a mix of skills that make us confident
in his ability to return the business to growth. On behalf of the Board
of Directors, we’d also like to thank Matt for his leadership during
this transition and his ongoing role in the transformation of the
business.”
“I am incredibly excited about the opportunity to join this iconic
fashion brand and to lead Express through its next phase of
revitalization and growth,” said Mr. Baxter. “I look forward to working
with the team at Express, building on the company’s 40-year history of
delivering great product and experiences for customers.”
Mr. Baxter was most recently Chief Executive Officer of Delta Galil
Premium Brands, a group of specialty retail apparel brands. Prior to
that, he spent 26 years with Macy’s, Inc. and the former May Department
Stores in various roles, most recently as Macy’s Chief Merchandising
Officer.
About Express, Inc.:
Express is a leading fashion destination and apparel brand for both
women and men. Since 1980, Express has provided the latest apparel and
accessories for work, casual, jeanswear, and going-out, offering a
distinct combination of fashion and quality at an attractive value. The
company operates more than 600 retail and factory outlet stores in the
United States and Puerto Rico, as well as a best-in-class shopping
experience through its website and mobile app. In addition, Express
merchandise is available at franchise locations and online in Latin
America. For more information, please visit www.express.com.
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