Children's Place names new chairman

SECAUCUS, N.J. The Children's Place Retail Stores announced Norman Matthews, a director, has been appointed chair of the company's board of directors. He succeeds Sally Frame Kasaks who served as acting chair of the board and lead director since January 2007. Kasaks will continue to serve as a director of the company.

Matthews was appointed a director of the company in March and was elected as a director in July at the 2009 annual meeting of stockholders. He served as president of Federated Department Stores until the company was sold in 1988. He joined Federated Department Stores in 1978 as chairman - Gold Circle Stores division. He was promoted to EVP Federated Department Stores in 1982, to vice chairman in 1984 and to president in 1987.