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Express : Announces Departure of CFO Perry Pericleous And Appoints President & COO Matthew Moellering Interim CFO - Form 8-K

10/19/2021 | 04:41pm EST

Express Announces Departure of CFO Perry Pericleous

And Appoints President & COO Matthew Moellering Interim CFO.

Columbus, Ohio - October 19, 2021 - Fashion apparel retailer Express, Inc. (NYSE: EXPR) today announced the departure of the Company's Senior Vice President, Chief Financial Officer and Treasurer, Perry Pericleous, effective November 12, 2021. Mr. Pericleous is leaving the Company to pursue another opportunity.

The Company has begun a search for a new Chief Financial Officer, and President & Chief Operating Officer Matthew Moellering will serve as Acting Chief Financial Officer in the interim, along with his existing responsibilities. Mr. Moellering has served as the Company's President and Chief Operating Officer since September 2019. He also served as Interim President and Interim Chief Executive Officer from January 2019 to June 2019, and was the Company's Chief Financial Officer and Treasurer from 2007 to 2011. Mr. Pericleous, who reports directly to Mr. Moellering, will continue to work closely with Matt over the next month to ensure a smooth transition.

"I want to thank Perry for his many years of service to Express, his support in helping to advance the EXPRESSway Forward strategy, and the important role he played in partnership with Matt to strengthen the Company's liquidity position and secure the financial health of the Company throughout the pandemic," said Tim Baxter, Chief Executive Officer.

About Express, Inc.

Express is a modern, versatile, dual gender apparel and accessories brand that helps people get dressed for every day and any occasion. Launched in 1980 with the idea that style, quality and value should all be found in one place, Express has always been a brand of the now, offering some of the most important and enduring fashion trends. Express aims to Create Confidence & Inspire Self-Expression through a design & merchandising view that brings forward The Best of Now for Real Life Versatility.

The Company operates over 500 retail and factory outlet stores in the United States and Puerto Rico, as well as an online store. Express, Inc. is traded on the NYSE under the symbol EXPR. For more information, please visit www.express.com.

Investor Contact

Greg Johnson


(614) 474-4890

Source: Express, Inc.


Express Inc. published this content on 19 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2021 20:40:15 UTC.

© Publicnow 2021
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Financials (USD)
Sales 2022 1 947 M - -
Net income 2022 6,55 M - -
Net Debt 2022 - - -
P/E ratio 2022 37,4x
Yield 2022 -
Capitalization 263 M 263 M -
Capi. / Sales 2022 0,14x
Capi. / Sales 2023 0,12x
Nbr of Employees 6 500
Free-Float 69,5%
Duration : Period :
Express, Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends EXPRESS, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 2
Last Close Price 3,93 $
Average target price 6,00 $
Spread / Average Target 52,7%
EPS Revisions
Managers and Directors
Timothy G. Baxter Chief Executive Officer & Director
Matthew C. Moellering President, Chief Operating & Financial Officer
Mylle H. Mangum Chairman
Michael F. Devine Independent Director
Michael G. Archbold Independent Director
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