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Ex-Ralph Lauren executive Kim Roy joins Chico's board of directors

By Prachi Singh

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Chico's FAS, Inc. has appointed Kim Roy, most recently group president of Ralph Lauren Corporation, to the company's board of directors as a new independent director. The company’s said, with Roy's addition, who will serve on the audit committee, Chico's board now comprises nine directors, eight of whom are independent and five of whom are women.

"As a senior executive and director, Kim has developed a strong track record with premier retail and consumer companies, and we are pleased to welcome her to the Chico's board," said David F. Walker, Chair of the company's board in a statement, adding, "We believe Kim's knowledge in brand strategy, merchandising, retail business operations, multi-channel marketing and international brand development will help inform our own strategies and growth opportunities in these areas."

Roy has more than 30 years of experience leading iconic American brands at Ralph Lauren Corporation, Ann Taylor Inc. and Liz Claiborne, Inc. across wholesale, retail and digital channels. Most recently, as Ralph Lauren Group president, North American wholesale, Roy was responsible for Polo, Lauren and Chaps apparel brands for men, women and children as well as home categories. Over her 13 years with the company, she also served as group president Lauren Brands and president of Lauren.

"I am looking forward to Kim's counsel and contributions as our newest independent director as we work to build on our strong brand foundation and enhance the growth and operating effectiveness of the company," added Shelley Broader, CEO and President of the company.

Prior to Ralph Lauren Corporation, she was president of Ann Taylor, Inc. and group president, Liz Claiborne, Inc. Earlier in her career, Roy held various merchandising responsibilities at Associated Merchandising Corporation, and Abraham & Straus and previously served as a member of the board of directors of Weight Watchers International, Inc. and served on its audit committee.

Commenting on her new role on the Chico’s board, Roy said: "I am excited to join the company's board and look forward to working with my new director colleagues, as well as Shelley and the management team, to enhance the connections our brands have with our customers and drive shareholder value."

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