NEW YORK, Sept. 26, 2011 /PRNewswire via COMTEX/ --
Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) today announced that its Board of Directors has elected Martha Stewart to rejoin the Board as a Director. With the addition of Ms. Stewart, the Board has been expanded to include nine members.
MSLO Director and Chairman of the Nominating & Corporate Governance Committee Charlotte Beers stated: "It is very gratifying to have Martha return to the Board of Directors. Martha's participation is indispensable to shaping the company's future and creating value for our shareholders. Martha inspires all of us on the board, our company employees, shareholders and consumers as she continues to define the brand and help further build the company's foundation for the future, and we look forward to her contributions as a director."
MSLO Founder Martha Stewart added: "I am very excited to rejoin the Board, and I look forward to working with the management of Martha Stewart Living Omnimedia and the members of the Board as the company develops and grows our exceptional businesses for today's consumers and those of tomorrow. We have created an amazingly strong brand and brand loyalty and we intend to make each of our businesses match the strengths of that brand."
About Martha Stewart Living Omnimedia, Inc.
Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) is a diversified media and merchandising company, inspiring and engaging consumers with unique lifestyle content and distinctive products. The Publishing segment encompasses the company's print and digital businesses and is comprised of four magazines, including MSLO's flagship publication, Martha Stewart Living, periodic special issues, books, websites, digital apps, blogs, and more. The Broadcasting segment produces the Emmy-winning, daily television series, "The Martha Stewart Show," and other original programming on Hallmark Channel, including "Mad Hungry with Lucinda Scala Quinn." Broadcasting also encompasses Martha Stewart Living Radio on SIRIUS XM Channel 110. In addition to its media properties, MSLO offers high-quality Martha Stewart products through licensing agreements with carefully selected companies, including the Martha Stewart Collection exclusively at Macy's, the Martha Stewart Living line of home-improvement products at The Home Depot, Martha Stewart Crafts with EK Success at Michaels, Jo-Ann Fabric, and independent retailers, the Martha Stewart Pets line at PetSmart. In 2008, Emeril Lagasse joined the Martha Stewart family of brands; MSLO acquired the assets related to Lagasse's media and merchandising business, including television programming, cookbooks, and emerils.com website and his licensed kitchen and food products. For additional information about MSLO, visit http://www.marthastewart.com/.
SOURCE Martha Stewart Living Omnimedia, Inc.