Tokyo Electric Power Attracts Major Investors Amid Billion-Dollar Restructuring Push 
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict 
Bill Ackman Eyes New Fund to Bet Against Market Complacency 
SpaceX IPO: Retail Investors to Play Historic Role in Record-Breaking Public Offering 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit 
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization 
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute 
China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs 
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts 
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements 
Kia Cuts EV Sales Target for 2030 Amid Slowing Demand and U.S. Policy Shifts 
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis 
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase 
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles 
JACKSONVILLE, Fla., Jan. 26, 2017 -- Stein Mart, Inc. (NASDAQ:SMRT) (the “Company”) today announced the appointment of MaryAnne Morin as President with responsibility for merchandising and marketing. The Company also announced that D. Hunt Hawkins, previously the company’s Interim Chief Executive Officer, has been named Chief Executive Officer effective January 24, 2017.
Ms. Morin will have responsibility for Stein Mart’s merchandising, planning, marketing and advertising, and eCommerce organizations when she assumes her new position on February 6. Ms. Morin has extensive merchandising experience, most recently as Chief Merchant, Executive Vice President of Lord & Taylor and Hudson’s Bay. She previously held several leadership positions within Lord & Taylor and Hudson’s Bay including Executive Vice President, Merchandising which encompassed all digital categories, as well as Senior Vice President, General Merchandising Manager for several merchandising areas. She also served in various product development and merchandising roles at Macy’s Merchandising Group, The Echo Design Group and The May Company.
In connection with Ms. Morin’s arrival, Mr. Hawkins has been appointed Chief Executive Officer, effective January 24, 2017. He was named as the Company’s Interim Chief Executive Officer in September 2016 and previously served as Stein Mart’s President and Chief Operating Officer from 2014 to 2016 and Executive Vice President, Chief Operating Officer from 2011 to 2014.
“We’re delighted to welcome MaryAnne to Stein Mart,” said Mr. Hawkins. “With her extensive retail, omni-channel and product development experience, she will lead us in developing merchandise and marketing plans that will build our business by driving positive change and better engagement with our customers.”
“I am very excited to be joining the Stein Mart team. I have the greatest regard for what Jay Stein, Hunt Hawkins and their teams have accomplished. I look forward to being part of this organization,” said Ms. Morin.
About Stein Mart
Stein Mart, Inc. (NASDAQ:SMRT) is a national retailer offering designer and name-brand fashion, accessories and home decor at everyday discount prices. Stein Mart provides real value that customers will love every day both in stores and online. The Company currently operates 290 stores across 31 states. Stein Mart is adding new modern brands to its stores to offer discriminating shoppers even more of the fashion and savings they want. For more information, please visit www.steinmart.com.
SMRT-G
For more information: Linda L. Tasseff Director, Investor Relations (904) 858-2639 [email protected]
