Eddie Bauer Announces Hiring of Vice President, Real Estate and Asset Management
SEATTLE, Feb. 17 /PRNewswire-FirstCall/ -- Eddie Bauer Holdings, Inc.
(Nasdaq: EBHI) today announced that it has hired Vic Blanco as Vice President,
Real Estate and Asset Management.
Mr. Blanco is a seasoned real estate professional with expertise in the
development of multiple-location, high volume retail operations. Mr. Blanco
has over 30 years of retail experience, the last 12 in the real estate arena.
Most recently, Mr. Blanco served as the Director of Real Estate Alliances for
Starbucks Coffee Company where he spearheaded a five year strategic plan for
national mall-development resulting in the opening of 250 new locations.
Prior to Starbucks, Mr. Blanco was a leasing executive for The Taubman
Company. His career also includes the position of General Manager for
Robinsons May department stores and multiple buying positions for Carter
Hawley Hale, also a department store group. Ann Perinchief, Senior Vice
President, Retail Operations commented, "I am thrilled to welcome Vic to Eddie
Bauer. He is highly accomplished, with exceptional skills and experience that
will have an immediate impact for Eddie Bauer. I look forward to leveraging
the depth and breadth of his experience to help our brand come to life in the
look, feel and location of our stores."
Mr. Blanco will receive an inducement grant under NASDAQ Marketplace Rule
4350(i) to join the Company of stock options to purchase 12,750 shares of the
Company's common stock, vesting ratably over four years, with an exercise
price of $0.75. Mr. Blanco will also receive 4,250 restricted stock units
from the Company's equity incentive plan.
ABOUT EDDIE BAUER
Established in 1920 in Seattle, Eddie Bauer is a specialty retailer that
sells outerwear, apparel and accessories for the active outdoor lifestyle. The
Eddie Bauer brand is a nationally recognized brand that stands for high
quality, innovation, style and customer service. Eddie Bauer products are
available at 372 stores throughout the United States and Canada, through
catalog sales and online at http://www.eddiebauer.com. Eddie Bauer
participates in a joint venture in Japan and has licensing agreements
across a variety of product categories.
Contact:
Eddie Bauer Holdings, Inc.
Marv Toland, Chief Financial Officer - 1 425 755 6226
