Trade Resources Industry Views Burlington Stores Has Appointed New Members to Its Board of Directors

Burlington Stores Has Appointed New Members to Its Board of Directors

Burlington Stores, Inc., an American national off-price retailer of branded apparels, has appointed new members to its Board of Directors (BoD).

The chief marketing officer of Global Consumer Engagement for PepsiCo’s Global Beverages Group, Frank Cooper III and former chairman and chief executive officer of Macy’s Midwest division William McNamara are the new members of the BoD.

Mr. McNamara will also serve on the Company’s audit committee. The Board is also planning to include eight members with significant experience across the financial, retail, marketing, and consumer products sectors.

The president, CEO and chairman of the board Tom Kingsbury said, “I am delighted to welcome Frank and Mac to the Burlington Stores BoD adding further strength and range to our BoD. Frank’s proven track record in brand development and significant experience in digital and social media will be highly valuable to our company.”

"Equally important is Mac’s deep knowledge of retail. Mac is a highly talented merchant and marketer demonstrated by his many accomplishments during his 30-year career at Federated/May Company. We will look to leverage Frank and Mac’s vast experience in our ongoing efforts to capitalize on our enhanced off-price operating model. I look forward to Frank and Mac’s counsel and believe both possess the leadership skills and business acumen to make significant contributions to our current BoD,” he added.

In addition to Burlington Stores, Cooper currently serves on the boards of the American Advertising Federation (for which he was the chairman from 2009-2011) and New York-based technology start-up Flyby Media.

William P. McNamara possesses over 30 years experience in retail with two prominent department stores, Macy’s/Federated and May Department Stores Company. McNamara volunteers at several organizations, including Loyola Academy of St. Louis, The United Way of Greater St. Louis, and Junior Achievement of St. Louis, where he participates on the Board of Directors and Advancement Committee.

Burlington Stores Inc., is a US retail chain, which offers current, high quality, designer merchandise at prices up to 70% below those at other department stores and operates over 470 stores in 44 states in the US. (GK)

Source: http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=167793
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Burlington Stores Adds New Members to Bod