The Children’s Place appoints John Bachman to its Board

The Children’s Place has appointed John E. (‘Jeb’) Bachman to the company’s Board of Directors, effective immediately. He will serve as an independent Class I Director and will stand for election at the 2016 Annual Meeting of stockholders.

“Jeb brings a broad strategic and operational skillset and significant expertise in auditing and risk management to The Children's Place,” said Norman Matthews, Chairman of the Board, adding, “We look forward to working with him as the Company continues to deliver on its strategic initiatives.”

Bachman qualifies as an “audit committee financial expert” under applicable SEC rules and will serve on the audit committee. He was a partner at the accounting firm of PricewaterhouseCoopers LLP until his retirement in 2015. At PwC, Bachman served for six years as the operations leader of the firm’s US Assurance Practice. In this role, he had full operational and financial responsibility for the four billion dollars business, which included the firm’s audit and risk management practices.

Prior to this role, Bachman served for three years as PwC’s strategy leader where he was responsible for strategic planning across business units, geographies and industries. He also served as an audit partner for 26 years for companies in a number of business sectors.