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Citi Trends names CEO, CFO

Citi Trends Inc. has made it permanent.

The value-priced urban retailer announced that Bruce Smith, acting CEO, has been promoted to serve as the permanent chief executive and has been appointed to the board of directors, effective March 15, 2018.

Smith has been serving as acting CEO since March 2017, when previous CEO Jason Mazzola resigned, while the board conducted a search for a permanent CEO. Smith joined Citi Trends in April 2007 as senior VP and CFO. In 2015, he was promoted to CFO, COO and secretary. Prior to joining Citi, Smith served as CFO of two other public companies, Hancock Fabrics and Fred’s.

“We are very happy and proud to announce that Bruce Smith has been promoted to CEO,” said Ed Anderson, executive chairman. “In the past year, as acting CEO, he has clearly demonstrated that he has the leadership skills to lead this company. He led the team to deliver a very successful 2017.”

In addition, Stuart Clifford, the company’s VP, finance, has been promoted to senior VP and CFO, effective as of March 15, 2018.

Citi Trends is a value-priced retailer of urban fashion apparel and accessories for the entire family. The company operates 553 stores located in 31 states.
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