Francesca's appoints Steven Lawrence as president and CEO
Mr. Lawrence was also appointed to the Company's Board of Directors. He will assume his roles with the Company in October 2016.
Mr. Lawrence currently serves as the Chief Merchandising Officer for Stage Stores, Inc.
Prior to joining Stage Stores in May 2012, he worked at J.C. Penney Company from September 2000 to March 2012.
Upon Mr. Lawrence's official assumption of his duties, Richard Kunes, who has been serving as the Company's Interim Chairman of the Board, President and Chief Executive Officer since May 2016, will become the Company's Chairman of the Board.