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Children's Place board member passes away
The Children's Place has announced that Lou Lipschitz, a member of its board of directors and chair of the audit committee, has died.
"We are deeply saddened by the passing of our friend, colleague and trusted advisor Lou Lipschitz. Lou's financial leadership, and passion for our business, enriched our company and our board, and we will dearly miss his dedication, grace and wonderful sense of humor," Norman Matthews, The Children's Place chairman of the board, said.