ATLANTA, Jan. 15 /PRNewswire-FirstCall/ -- Carter's, Inc. (NYSE: CRI), the
largest branded marketer in the United States of apparel exclusively for
babies and young children, announced today that Richard F. Westenberger is
joining the Company as its Executive Vice President and Chief Financial
Officer effective January 19, 2009.
Mr. Westenberger will be responsible for developing and executing the
Company's financial strategies, business analysis, financial reporting, and
investor relations. Mr. Westenberger joins the Company from Hewitt Associates,
Inc., where he served as Vice President of Corporate Finance and Treasurer
since 2006. Prior to Hewitt, Mr. Westenberger was Senior Vice President and
Chief Financial Officer of Land's End, Inc., a specialty apparel division of
Sears Holdings Corporation. During his 10 years at Sears, Mr. Westenberger
held various other senior financial management positions, including Vice
President of Corporate Planning and Analysis and Vice President of Investor
Relations. Prior to Sears, Mr. Westenberger was with Kraft Foods, Inc. He
began his career at Price Waterhouse and is a certified public accountant.
"I am very excited to have Richard join the Carter's team," said Michael
D. Casey, Carter's Chief Executive Officer. "Richard's financial expertise
and experience in the specialty retail and wholesale businesses will further
strengthen our management team and help us in our goal to continue to lead in
the young children's space."
Mr. Westenberger is a graduate of the University of Notre Dame and
received his Master of Business Administration degree from the University of
Chicago. Mr. Westenberger will be relocating to Atlanta with his family.
About Carter's, Inc.
Carter's, Inc. is the largest branded marketer in the United States of
apparel exclusively for babies and young children. The Company markets the
Carter's and OshKosh B'Gosh brands, two of the most recognized brands in the
marketplace. These brands are sold in more than 4,000 department and national
chain stores and through more than 400 Company-operated stores. The OshKosh
B'Gosh brand is also sold in more than 30 countries worldwide. The Company's
Child of Mine and Just One Year brands are available at Wal-Mart and Target,
respectively, and its Genuine Kids brand is sold at Target. Carter's is
headquartered in Atlanta, Georgia. Additional information may be found at
www.carters.com.
Contact:
Eric Martin
Vice President, Investor Relations
(404) 745-2889
