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DSW Expands Management Team

1/20/2006

Columbus, Ohio, DSW Inc. announced the promotion of two key executives and named two new officers as part of an ongoing initiative to position the company for continued growth and increased profitability.

Deborah Ferree, who joined DSW in 1997 and has held several executive positions, was promoted from president to vice chair. She will continue in her role as chief merchandising officer. Peter Horvath, who joined the firm in January 2005 as executive VP and COO, was promoted to president.

Additionally, Kevin Lonergan was named as executive VP and COO. He is a former executive VP and COO of Old Navy, a division of Gap.

The company also named William Jordan as VP and general counsel. He most recently served as corporate counsel for Lancaster County Corp.

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