May, Most Recently at Tween Brands, Begins in New Role Later this Month
TOPEKA, Kan., April 11 /PRNewswire-FirstCall/ -- Payless ShoeSource
(NYSE: PSS) announced today that it has hired Bill May as executive vice
president and chief operating officer, a new position reporting to Matt
Rubel, chief executive officer and president, Payless.
As EVP and COO, May will lead the finance, store development and IT
functions for the company. The global sourcing and supply chain,
merchandising, marketing, retail operations, law and human resources teams
will continue to report to Rubel. May will start in his new role effective
April 23.
"Bill has a rich history and strong expertise in operational leadership
at large, retail-oriented enterprises, and specifically in vertically
integrated, specialty retail operations having served most recently at
Tween Brands," said Rubel. "We look forward to Bill joining our executive
team in this important new role. He will lead our Finance, IT, and Real
Estate to fully integrate them into our strategy and create high-performing
platforms of expertise."
From 2004 to 2007, May served as executive vice president and chief
operating officer for Tween Brands. From 2002 to 2003, he was senior vice
president, operations, for $12 billion Fleming Companies, Inc., and
president and chief executive officer for Fleming's Wholesale Grocery
Division. From 1999 to 2002, May served as vice president, Gap global
distribution, and from 1996 to 1998, he served as executive vice president
and chief operating officer and vice president, marketing, procurement and
MIS for Nash Finch Company. From 1988 to 1996, he was with Spartan Stores,
Inc. serving in operational leadership roles for the $2.5 billion wholesale
food distributor and prior to that served in roles at Rayovac, Certified
Grocers, General Motors Corporation, and Bache Halsey Stuart Shields, where
he started his career as an investment analyst and stockbroker. May
received a bachelor's degree in finance from the University of
Wisconsin-Whitewater.
Payless ShoeSource, Inc., the largest specialty family footwear
retailer in the Western Hemisphere, is dedicated to democratizing fashion
and design in footwear and accessories and inspiring fun, fashion
possibilities for the family at a great value. As of the end of the fourth
quarter 2006, the company operated a total of 4,572 stores. In addition to
its stores, customers can buy shoes over the Internet at
http://www.payless.com.
SOURCE Payless ShoeSource, Inc.
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Related links: http://www.payless.com/
CONTACT: Media, Mardi Larson, +1-612-928-0202, mardilarson@aol.com; or Financial, James Grant, +1-785-559-5321, both for Payless ShoeSource, Inc.
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