Friday September 20th, 2013 - 10:32AM
The Bon-Ton Stores, Inc. has elected Steven Silverstein to its board of directors,effective immediately. Silverstein will serve on the Human Resources and Compensation Committee.
Silverstein has been president and CEO of Spencer Spirit Holdings, Inc. since 2003. The company operates two main retail brands, Spencer Gifts and Spirit Halloween. From 1992 to 2003, Silverstein served in positions of increasing responsibility at Linens ‘n Things, Inc., including president. Prior to that, Silverstein served as a divisional merchandise manager of Bloomingdale's, Inc. He began his retail career at Macy's, Inc. in 1981.
Tim Grumbacher, chairman of the Bon-Ton board, stated: "We are very pleased to welcome Steven as a member of our board of directors. Steven possesses extraordinary experience in the retail and apparel industries and I believe his expertise and vast knowledge will be invaluable to Bon-Ton. We welcome Steven's insight and counsel as we continue to execute our business strategies for profitable growth and increased shareholder value."
The Bon-Ton Stores, Inc., with corporate headquarters in York, PA, and Milwaukee, WI, operates 272 department stores, which includes 10 furniture galleries, in 25 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner's, Boston Store, Carson's,Elder-Beerman, Herberger's and Younkers nameplates.