Stein Mart Appoints Dawn Robertson as CEO
March 15 2016 - 7:30AM
Stein Mart, Inc. (NASDAQ:SMRT) today announced the appointment of
Dawn Robertson as chief executive officer and her election to Stein
Mart’s board of directors. Robertson will also have the
responsibilities of chief merchant for the foreseeable future. She
succeeds Jay Stein, the Company’s founder and long standing chief
executive officer, who had advised the Board of his desire to step
back from that position but remain Stein Mart’s chairman of the
board.
“Dawn brings with her over 25 years’ executive
management experience at major retailers and department stores,”
said Jay Stein. “With her leadership and industry knowledge, she
will help us build on our growth initiatives and bring a fresh
focus to our company and merchandising organization that will
benefit us immensely.”
Over the past decade, Ms. Robertson was the chief
executive officer or president of several retail companies,
including UNKNWN, Deb Shops, Nygard International and The Avenue.
She has also held various executive positions at Old Navy, Myer
Stores, Federated Department Stores, Saks and May Department
Stores.
Quarterly DividendThe Board of Directors also
declared, today, a quarterly dividend of $0.075 per common share,
payable on April 15, 2016 to shareholders of record as of the close
of business on April 1, 2016.
About Stein Mart Stein Mart stores offer the
fashion merchandise, service and presentation of a better
department or specialty store, at prices competitive with off-price
retail chains. With 283 locations from California to Massachusetts,
as well as steinmart.com, Stein Mart’s focused assortment of
merchandise features current season, moderate to better fashion
apparel for women and men, as well as accessories, shoes and home
fashions. For more information, please visit
www.steinmart.com.
SMRT-G
Additional information about Stein Mart, Inc. can
be found at www.steinmart.com.
For more information:
Linda L. Tasseff
Director, Investor Relations
(904) 858-2639
ltasseff@steinmart.com
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