Wet Seal names Tirnauer its EVP and CFO

The Wet Seal LLC has named Judd Tirnauer its Executive Vice President and CFO, effective May 1. Tirnauer previously served as Executive Vice President & Chief Financial Officer of Destination Maternity. The Wet Seal, which is owned by Versa Capital, said current Wet Seal CFO, Thomas Hillenbrandt, is leaving to pursue new endeavors.

PRESS RELEASE

IRVINE, Calif. – March 29, 2016 – The Wet Seal, LLC (“Wet Seal”, “the Company”), a specialty retailer of apparel, footwear and accessories for young women, announced today that it has named Judd P. Tirnauer as Executive Vice President and Chief Financial Officer, effective May 1, 2016.

 

“Judd is a proven financial executive with an exceptional track record in retail,” said Melanie B. Cox, Chief Executive Officer of Wet Seal. “His addition is consistent with our strategy to rebuild and return Wet Seal to its former position of prominence among its target customer base of young women 18-24. Judd is the right person to assist me in leading Wet Seal at this stage of our transformation, and we look forward to his contributions to our success.”

 

Tirnauer, 47, brings to Wet Seal more than 15 years of leadership in business operations and strategic planning. Most recently, he has served as Executive Vice President & Chief Financial Officer of Destination Maternity, the nation’s largest specialty retailer of maternity apparel where, in addition to leading the finance team, he also oversaw various operational areas, including real estate, procurement and marketing partnerships. Tirnauer has a Masters of Business Administration and a Juris Doctorate from Widener University, and is a Certified Public Accountant.

 

“Wet Seal is at a turning point, and I am excited to join Melanie and her team to help execute the strategy and design reboot,” Tirnauer said. “I look forward to applying my financial and operational expertise as we work to connect customers with the new, reinvigorated Wet Seal brand.”

 

Tirnauer will succeed current Wet Seal Chief Financial Officer, Thomas R. Hillenbrandt, who is leaving to pursue new endeavors.

 

“I want to thank Tom for his service to the Company especially during the height of uncertainty and the early stage of the transformation,” Cox added. “Now that we are privately held and with different needs, it’s an appropriate time for this change, and we wish him well in his next assignment.”

 

About The Wet Seal, LLC

The Wet Seal, LLC is known as a specialty retail pioneer in apparel, footwear and accessories designed for young women of all sizes through retail stores nationwide, as well as a highly active e-commerce channel.  The Company currently operates 171 stores in 41 states and an online at www.wetseal.com.