Based on a preliminary vote count provided by Perry Ellis' proxy solicitor, Perry Ellis said that all three of Perry Ellis' director nominees—Oscar Feldenkreis, Bruce J. Klatsky and Michael W. Rayden—were elected to Perry Ellis' Board of Directors at the 2015 Annual Meeting of Shareholders. Final voting results are expected to be made publicly available early next week.

At a meeting where over 92 percent of Perry Ellis' 15,613,297 outstanding shares were represented, all three of Perry Ellis' director nominees received overwhelming support from shareholders and each was elected with extremely wide margins in excess of the votes required pursuant to Perry Ellis' majority voting policy with respect to the election of directors.

“We appreciate the strong support of our shareholders and are extremely proud of what we have accomplished over the past half century, particularly the value that we have created for our shareholders and other stakeholders,” said George Feldenkreis, Chairman and Chief Executive Officer of Perry Ellis.

Klatsky and Rayden bring to the Perry Ellis Board extensive experience in apparel, wholesaling, brand building, licensing and retailing, as well as experience serving on the boards of directors of companies in the apparel, retail and other industries. Klatsky is the former CEO and Chairman of Phillips-Van Heusen Corporation (PVH). During his 13 years as Chief Executive Officer of PVH, he led the transformation of a 120 year-old shirt company into one of the largest apparel and footwear companies in the world.

Rayden is the former President and Chief Executive Officer of Tween Brands, a leading apparel specialty retailer with close to 1,000 retail stores throughout the United States, Canada and overseas. He has also served as the Chief Executive Officer of other nationally-known apparel retailers including Pacific Sunwear of California, Stride Rite and Eddie Bauer.

Oscar Feldenkreis has been involved in all aspects of Perry Ellis' operations for over 35 years. In 1980, he joined what was then Supreme International as an account executive. He was elected President and Chief Operating Officer in February 1993 and elected Vice Chairman of the Board in March 2005. He has played a key role in expanding the scope of the business beyond private-label distribution as Perry Ellis successfully branched into branded men's and women's apparel.

 

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