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Jeff Gordman steps down as CEO of Gordmans Stores

Gordmans Stores president and CEO Jeff Gordman announces his retirement.

Omaha, Neb. -- Gordmans Stores announced that its president and CEO, Jeff Gordman, has given his resignation to the board. The retailer said that Gorman is retiring to spend more time with his family and pursue outside interests.

T. Scott King, the current chairman of Gordmans’ board, will serve as interim CEO while a search is conducted for a permanent successor to Gordman. King will take an unpaid leave of absence from his position as senior managing director at Sun Capital Partners while he serves in the interim position.

Gordman, whose great grandfather founded the predecessor company nearly 100 years ago, joined the company in 1990 and has been president and CEO since 1996. He is credited with a complete repositioning the business, overhauling the merchandising, marketing and stores strategy, developing a store prototype growth vehicle and changing the store trade name from Half Price Store to Gordmans. In 2008, Gordman sold the company to Sun Capital Partners, one of the largest private equity firms in the country.

"I am very proud of our fantastic team and what we have accomplished over the past several years," said Gordman. "I am leaving a company that is very well positioned to capitalize on innumerable growth opportunities going forward. It has been a true honor to lead such a talented management team and so many highly engaged associates who are passionate about delighting our guests."

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