Keith E. Plowman announced his retirement as executive vice president and chief financial officer of The Bon-Ton Stores Inc. Effective August 1, 2015. Mr. Plowman retired from the company effective August 1, 2015. Pending the announcement of the new chief financial officer of the company, Michael W. Webb, senior vice president, chief accounting officer of the company, will serve as the company's principal financial officer in addition to serving in his current capacity as the company's principal accounting officer.

Mr. Webb, age 54, has served as senior vice president chief accounting officer since June 2015, as Group vice president, chief accounting officer from May 2013 to June 2015, as vice president corporate accounting and chief accountant from May 2010 to May 2013 and in other accounting roles with the company since May 1984. Mr. Webb is a certified public accountant.