EVANSVILLE, Ind.--(BUSINESS WIRE)--Mar. 23, 2012--
Shoe Carnival, Inc. (NASDAQ: SCVL), a leading retailer of value-priced
footwear and accessories, announced today that James A. Aschleman has
been appointed to its Board of Directors. Mr. Aschleman previously
served on the Board from May 2001 to October 2006.
“We are delighted to welcome Jim back to our Board,” said Wayne Weaver,
Chairman of the Board of Directors. “Jim’s years of legal experience
serving a diverse public company base will help provide additional
expertise and strategic direction to Shoe Carnival.”
Mr. Aschleman retired last year as a partner with Baker & Daniels LLP
where he advised public and private companies on a wide range of issues,
including corporate governance, executive compensation, mergers and
acquisitions and compliance with Securities and Exchange Commission
rules and regulations.
Additionally, the Company announced that William E. Bindley advised the
Company’s Board of Directors that he did not wish to stand for
re-election as a Director at the Company’s 2012 Annual Meeting of
Shareholders to be held on June 14, 2012. Mr. Bindley has served as a
Director since 1993.
Chairman Weaver added, “We want to thank Bill for his many years of
service to Shoe Carnival and are especially thankful for the expertise
he provided while serving as the Chair of our Compensation Committee.”
About Shoe Carnival
Shoe Carnival, Inc. is one of the nation’s largest family footwear
retailers, offering a broad assortment of moderately priced dress,
casual and athletic footwear for men, women and children with emphasis
on national and regional name brands. As of today, the Company operates
337 stores in 32 states and offers online shopping at www.shoecarnival.com.
Headquartered in Evansville, IN, Shoe Carnival trades on The NASDAQ
Stock Market LLC under the symbol SCVL. Shoe Carnival's press releases
and annual report are available on the Company's website at www.shoecarnival.com.
Source: Shoe Carnival, Inc.
Shoe Carnival, Inc.
Mark L. Lemond
and Chief Executive Officer
W. Kerry Jackson
Vice President, Chief Financial Officer and Treasurer