Five Below, Inc. announced that Mimi Eckel Vaughn has been appointed an independent member of its Board of Directors (Class II director), effective September 19, 2023. Ms. Vaughn brings more than 20 years of leadership experience in specialty retail. She is currently President, Chief Executive Officer and Chair of the Board of Genesco Inc., the parent company of teen retail leader Journeys.

Ms. Vaughn joined Genesco in September 2003 as vice president of strategy and business development. She was named senior vice president, strategy and business development in October 2006, senior vice president of strategy and shared services, including information technology and human resources, in April 2009 and senior vice president ? finance and chief financial officer in February 2015.

In May 2019, Ms. Vaughn was named senior vice president and chief operating officer and continued to serve as senior vice president-finance and chief financial officer until her successor was appointed in June 2019. In October 2019, Ms. Vaughn was appointed to become president and chief executive officer of the Company on February 2, 2020 and was appointed as a director effective October 30, 2019. Prior to joining the Company, Ms. Vaughn was executive vice president of business development and marketing, and acting chief financial officer from 2000 to 2001, for Link2Gov Corporation in Nashville.

From 1993 to 1999, she was a consultant at McKinsey & Company in Atlanta. The Board also appointed Ms. Vaughn as a member of the Audit Committee.