Ex-PwC partner joins Children's Place board

The Children’s Place has appointed an expert in financial auditing to its board.

The compay said John E. (“Jeb”) Bachman has been named to the company’s board of directors, effective immediately. Bachman will serve as an independent Class I Director and will stand for election at the 2016 Annual Meeting of Stockholders. Bachman will serve on the audit committee.

“Jeb brings a broad strategic and operational skillset and significant expertise in auditing and risk management to The Children's Place,” said Norman Matthews, chairman of the board. “We look forward to working with him as the Company continues to deliver on its strategic initiatives.”

Bachman, 60, was a partner at the accounting firm of PricewaterhouseCoopers LLP until his retirement in 2015. At PwC, Bachman served for six years as the Operations Leader of the firm’s U.S. Assurance Practice. In this role, Bachman had full operational and financial responsibility for the $4 billion business, which included the firm’s audit and risk management practices. Prior to this role, Bachman served for three years as PwC’s Strategy Leader where he was responsible for strategic planning across business units, geographies and industries. Bachman also served as an audit partner for 26 years for companies in a number of business sectors. Bachman received an MBA from the Harvard University Graduate Business School.