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Collective Brands Inc. Names Betty Click as Senior Vice President, Human Resources

 Click Succeeds Jay Lentz, Who Retires this Summer After More Than 20 Years
                              with the Company

    TOPEKA, Kan., July 17 /PRNewswire-FirstCall/ -- Collective Brands, Inc.
announced today that its Board of Directors has elected Betty Click as
senior vice president, human resources for the company, effective August 3,
2008. Click succeeds Jay Lentz, who served in the role since 2001, and who
will retire August 1 after more than 20 years of service in various HR
roles for the company.

    "Jay has made significant and lasting contributions to Payless,
especially in key areas of our corporate culture as we have evolved to
Collective Brands, Inc.," said Matthew Rubel, chairman and chief executive
officer, Collective Brands, Inc. "He's helped us create a world-class
organization with actively engaged associates well-aligned with our
strategic mission. We thank him for his leadership and wish him well in his
retirement."

    "We are pleased to announce Betty Click as our new senior vice
president of human resources," continued Rubel. "Our people are the key to
our success and Betty has been integral in leading our human resource
efforts as our company has quickly evolved from a retail company to a
high-performance organization with three strategic units covering
wholesale, retail and licensing businesses with dynamic and varying needs.
She has made powerful contributions in building our centers of excellence
-- shared corporate resources in global supply chain and sourcing
operations -- into superior teams that now support the needs of our
expanded organization. We look forward to her continued positive impact and
HR leadership as we continue to grow and expand our company's presence in
the global market."

    Click joined Payless in 2002 as vice president, HR solutions,
responsible for recruiting, staffing, organizational development, learning,
development, compensation and benefits. In 2005, she was named to vice
president, HR operations and learning and development, where she led the HR
generalist team that consults on HR and talent management strategies
supporting the retail operations and global sourcing and supply chain teams
for Collective Brands, Inc., two of the largest shared functions of the
organization. Prior to joining Payless, since 1987, Click was at Verizon
Communications and the former GTE, where she served in a range of HR roles
to support the company in its evolution and expansion. Her most recent role
was vice president, HR/corporate staff and just prior, executive director
compensation strategies, where she led the compensation strategy, design
and delivery for Verizon's 70,000-associate management team. She also held
the role of director, international human resources, where she was
responsible for staffing, HR strategies and support for international
acquisitions, mergers and privatization initiatives. Click also served in
various other roles of increasing responsibility within and outside of HR
during her tenure at GTE. She graduated in 1992 from Texas Woman's
University in Denton, Texas with a bachelor's of business administration
degree with an emphasis in personnel management.

    Collective Brands, Inc. (NYSE: PSS) is a leader in bringing compelling
lifestyle, fashion and performance brands for footwear and related
accessories to consumers worldwide. The company operates three strategic
units covering a powerful brand portfolio, as well as multiple price points
and selling channels including retail, wholesale, ecommerce and licensing.
Collective Brands, Inc. includes Payless ShoeSource, focused on
democratizing fashion and design in footwear and accessories through its
more than 4,500-store retail chain, with its brands American Eagle(TM),
Airwalk(R), Dexter(R), Champion(R) and designer collections Abaete for
Payless, Lela Rose for Payless and alice + olivia for Payless, among
others; Stride Rite, focused on lifestyle and athletic branded footwear and
high-quality children's footwear sold primarily through wholesaling, with
its brands including Stride Rite(R), Keds(R), Sperry Top-Sider(R),
Robeez(R), and Saucony(R), among others; and Collective Licensing
International, the brand development, management and global licensing unit,
with such youth lifestyle brands as Airwalk(R), Vision Street Wear(R),
Lamar(R), Sims(R), LTD(R), genetic(R), Dukes(TM), Rage(R), Ultra-
Wheels(R), and Skate Attack(R). Information about, and links for shopping
on, each of the Collective Brand's units can be found at
http://www.collectivebrands.com.



SOURCE Collective Brands, Inc.




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Related links:
  • http://www.collectivebrands.com
    CONTACT:
    Media, Mardi Larson, +1-612-928-0202, or
    Financial, James Grant, +1-785-559-5321, both of Collective
    Brands, Inc.