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Children’s Place activist investors urge new board members


New York - Shareholders for Change at The Children's Place, an activist investor group led by Macellum Advisors GP LLC and Barington Capital Group L.P., has filed a detailed investor presentation with the Securities and Exchange Commission ("SEC"). The presentation supports the election of two board of directors nominees, Seth R. Johnson and Robert L. Mettler, at the upcoming 2015 annual meeting.

In the presentation, Shareholders for Change at The Children's Place outlines its views regarding why immediate change is necessary at The Children's Place, including what it says is the company's history of poor operating and stock price underperformance under the direction of the current management team and board. Macellum and Barrington collectively own approximately 2.1% of The Children's Place Inc.

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