By
Reuters
Reuters
Published
Feb 1, 2011
Feb 1, 2011
New York & Co names new CEO
By
Reuters
Reuters
Published
Feb 1, 2011
Feb 1, 2011
New York & Co latest trends |
Scott, who served as the CEO of peer Bebe Stores (BEBE.O) from February 2004 to January 2009, will replace Richard Crystal.
Grace Nichols, who has served as a director since March 2008, will assume the role of non-executive chair of the board.
In April 2010, New York & Co said CEO Crystal, 65, would retire from the company and its board in 2011.
Shares of the company, which have shed nearly 9 percent since Crystal announced his retirement, closed at $5.59 on Monday on the New York Stock Exchange.
(Reporting by Renju Jose in Bangalore; Editing by Prem Udayabhanu)
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