Fashion retailer Gottschalks declares retirement of Joseph Levy
29 Jun '06
3 min read
Dr. Penbera was elected to the Gottschalks Board of Directors when the Company first went public in 1986, and currently serves as Chairman of the Audit Committee and a member of the Compensation Committee. Dr. Penbera also serves as a Director and Chairman of the Audit Committee of Rug Doctor, Inc. and Blast Energy Services, Inc.
In 2005, he was appointed a Senior Fulbright Scholar by the U.S. Department of State/CIES working principally in the field of international corporate governance. Dr. Penbera is a professor at, and former dean of, the Craig School of Business in Fresno. He is a member of the Financial Executives Institute, National Association of Corporate Directors and the National Forensic Center, and completed the audit and governance and senior finance programs at Harvard.
Jim Famalette, president and chief executive officer of Gottschalks concluded, "We are very appreciative of the leadership Mr. Levy has provided during his tenure and plan to maintain the strategic direction and objectives that were established while he served as Chairman. The Board and senior management will continue to work towards differentiating the Gottschalks brand by maintaining our focus on our customers and driving long-term growth."
Gottschalks is a regional department store chain, currently operating 62 department stores and 6 specialty apparel stores in six western states, including California,Washington, Alaska, Oregon, Nevada and Idah. Gottschalks offers better to moderate brand-name fashion apparel, cosmetics, shoes, accessories and home merchandise.
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