FOR IMMEDIATE RELEASE
CONTACT: Debbie Koopman
(630) 769-2596
[email protected]
The Spiegel Group Announces New President and CEO of Spiegel Catalog, Inc.
DOWNERS GROVE, Ill. - December 15, 2000 - Spiegel, Inc. (The Spiegel Group)
today announced that Melissa Payner has been appointed president and chief
executive officer of Spiegel Catalog, Inc. (Spiegel), succeeding John Irvin.
Payner, 42, joined Spiegel in April 1997 as vice president of merchandising
and has played an integral role in the division's dramatic turnaround. Most
recently, she served as senior vice president responsible for all
merchandising and advertising creative for the company. She also is a member
of the Spiegel, Inc. board of directors. Payner's experience spans more
than 20 years during which she has held a variety of retail and catalog
merchandising positions.
Irvin, 53, joined Spiegel in 1996 and has resigned to pursue other interests.
He also has resigned as a director of the company.
The Spiegel Group (Spiegel, Inc.) is a leading international specialty
retailer marketing fashionable apparel and home furnishings to customers
through catalogs, more than 550 specialty retail and outlet stores and
eight e-commerce sites (eddiebauer.com, eddiebauerhome.com,
eddiebauerkids.com, eddiebaueroutlet.com, eddiebauerb2b.com, newport-news.com,
spiegel.com, and ultimate-outlet.com). The Spiegel Group's businesses
include Eddie Bauer, Newport News, Spiegel and First Consumers National Bank.
The company's Class A Non-Voting Common Stock trades on the NASDAQ National
Market System under the ticker symbol: SPGLA. Investor relations information
is available on The Spiegel Group web site (thespiegelgroup.com).
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