Leading fashion specialty apparel company Harold's Stores Inc announced Hubert W. Mullins, President, Chief Executive Officer and Director of the Company has resigned.
The Board has appointed Leonard Snyder as Interim Chief Executive Officer, effective August 1. Mr. Mullins will be assisting Mr. Snyder in this transition through August 19, 2005.
Leonard Snyder has been a member of Harold's Board of Directors since 2000. He has over 30 years of retail experience including 15 years as CEO of department and specialty apparel stores.
Mr. Snyder has been a marketing and management consultant since January, 1995. Mr. Snyder, who has been involved in setting strategy with several members of the Company's management team since joining the board stated, "I am quite familiar with Harold's, and have great respect for the brand and the management at the Company, who have established Harold's as a leading specialty apparel retailer. I look forward to working closely with the Harold's team."
William Haslam, Non-Executive Chairman of the Board added, "They are grateful for Hugh's efforts to further establish the Harold's brand during his tenure at the Company."
They are also very pleased that Lenny Snyder has agreed to become their interim Chief Executive Officer. They have a high degree of confidence in Lenny's capabilities.
The Board of Directors plans to conduct a search for a permanent replacement for Mr. Mullins.
Dallas based a chain of upscale ladies' and men's specialty apparel stores, Harold's Stores Inc, founded in 1948. Currently, it operates 41 upscale ladies' and men's specialty stores in 19 states. The Company's Houston locations are known as "Harold Powell."
marketing@alchempro.com
