The Children’s Place appoints John Bachman to BoD

The Children’s Place, Inc., the largest pure-play children’s specialty apparel retailer in North America, has appointed John E. Bachman to the Company’s Board of Directors, effective immediately.

Bachman will serve as an independent class I director and will stand for election at the 2016 annual meeting of stockholders. He qualifies as an “audit committee financial expert” under applicable SEC rules and will serve on the audit committee, according to a press release.

John Bachman was a partner at the accounting firm of PricewaterhouseCoopers LLP (PwC) until his retirement in 2015. At PwC, he served for six years as the operations leader of the firm’s US Assurance Practice. In this role, he had full operational and financial responsibility for the $4 billion business, which included the firm’s audit and risk management practices. Prior to this role, Bachman served for three years as PwC’s strategy leader where he was responsible for strategic planning across business units, geographies and industries. Bachman also served as an audit partner for 26 years for companies in a number of business sectors. He received an MBA from the Harvard University graduate business school.

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Norman Matthews, chairman of the Board “John brings a broad strategic and operational skill set and significant expertise in auditing and risk management to The Children’s Place. We look forward to working with him as the Company continues to deliver on its strategic initiatives.”