Stein Mart searches for new ceo

JACKSONVILLE, Fla. Stein Mart has announced that its board of directors has begun a nationwide search to replace Linda Farthing, president and ceo.

Farthing, a member of the company's board of directors since 1999, stepped into the additional role of president and ceo in September, 2007. She intends to stay on in that role until a successor is found.

"Linda took on the ceo role at a very difficult time and has worked tirelessly to move our company forward," noted Jay Stein, chairman of the board of Stein Mart. "We deeply appreciate all her efforts, and know that her insights will continue to inform the board as we work to improve our business."