Stage Stores' board adds a new director

HOUSTON Stage Stores today announced that David Schwartz has been appointed to the company's board of directors, thereby increasing its membership to nine directors. Schwartz has been named to the board's audit committee, where he will serve as its chairman, and he will also serve on the corporate governance and nominating committee.

Schwartz currently serves as a business advisor and consultant. Prior to that, he spent 35 years with Arthur Andersen, from which he retired in June 1997, ultimately attaining the position of senior partner. While at Arthur Andersen, Schwartz served clients primarily in the retail, distribution and communications industries. He also had worldwide leadership responsibility for Arthur Andersen's retail industry activities, and led the firm's best practices studies in various retail activities, including sales associate effectiveness, customer satisfaction, merchandising performance measures and finance functions.