Burlington Stores, Inc. Appoints John Crimmins as Chief Financial Officer
October 15 2019 - 6:45AM
Burlington Stores, Inc. (NYSE: BURL), a nationally recognized
off-price retailer of high-quality, branded apparel at everyday low
prices, today announced that John Crimmins has been appointed Chief
Financial Officer. Mr. Crimmins joined the Company in 2011 and has
served as interim Chief Financial Officer since September 16, 2019,
in addition to his role as Executive Vice President, Finance and
Chief Accounting Officer.
Michael O’Sullivan, Chief Executive Officer, said, “Given John’s
financial acumen, expertise, and tenure with Burlington Stores, he
is the natural choice to serve as CFO. John is an exceptionally
talented and well respected leader and we are confident he will
continue to play a key role as we drive growth and profitability at
Burlington Stores."
Mr. Crimmins said, "I look forward to continuing to work
alongside Burlington’s Board and management team to build on the
Company’s progress. With Burlington’s strong financial foundation
and talented management team, I am confident in the Company’s
prospects for continued growth and value creation.”
Mr. Crimmins has been with Burlington Stores since 2011, most
recently serving as interim Chief Financial Officer and Executive
Vice President, Finance and Chief Accounting Officer. Before
joining Burlington Stores, Mr. Crimmins held various roles at The
Timberland Company including Chief Financial Officer, and Corporate
Controller and Chief Accounting Officer from 2002 to 2009.
About Burlington Stores, Inc.
Burlington Stores, Inc., headquartered in New Jersey, is a
nationally recognized off-price retailer with Fiscal 2018 net sales
of $6.6 billion. The Company is a Fortune 500 company and its
common stock is traded on the New York Stock
Exchange under the ticker symbol “BURL.” The Company operated
691 stores as of the end of the second quarter of Fiscal 2019,
inclusive of an internet store, in 45 states and Puerto Rico,
principally under the name Burlington Stores. The Company’s
stores offer an extensive selection of in-season, fashion-focused
merchandise at up to 60% off other retailers' prices, including
women’s ready-to-wear apparel, menswear, youth apparel, baby,
beauty, footwear, accessories, home and coats.
For more information about the Company,
visit www.burlingtonstores.com.
Safe Harbor for Forward-Looking and Cautionary
Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended
(Exchange Act). All statements other than statements of historical
fact included in this release are forward-looking statements. You
can identify forward-looking statements by the fact that they do
not relate strictly to historical or current facts. We do not
undertake to publicly update or revise our forward-looking
statements even if experience or future changes make it clear that
any projected results expressed or implied in such statements will
not be realized. If we do update one or more forward-looking
statements, no inference should be made that we will make
additional updates with respect to those or other forward-looking
statements. All forward-looking statements are subject to risks and
uncertainties that may cause actual results to differ materially
from expectations, including those described from time to time in
our filings with the Securities and Exchange Commission. For
each of these factors, the Company claims the protection of the
safe harbor for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995, as amended.
Investor Relations Contact: David J. Glick
855-973-8445 Info@BurlingtonInvestors.com
Allison Malkin ICR, Inc. 203-682-8225
Burlington Stores (NYSE:BURL)
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