Coldwater Creek announced that Dennis Pence, its co-founder, chairman of the board and CEO, will retire as CEO effective Dec. 31. Commensurate with this announcement, Coldwater Creek's board of directors appointed the company's president and chief merchandising officer, Jill Brown Dean, as president and CEO, effective Jan. 1, 2013.
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Coldwater Creek Announces Succession of CEO, Strengthening of Merchant Team
November 29, 2012
From Interest!ALERT
Coldwater Creek announced that Dennis Pence, its co-founder, chairman of the board and CEO, will retire as CEO effective Dec. 31. Commensurate with this announcement, Coldwater Creek's board of directors appointed the company's president and chief merchandising officer, Jill Brown Dean, as president and CEO, effective Jan. 1, 2013.
Coldwater Creek announces new financing with Golden Gate Capital
July 9, 2012
From Chain Store Age
Sandpoint, Idaho -- Private equity firm Golden Gate Capital has provided Coldwater Creek with a five-year, $65 million senior secured term loan. The retailer also announced the completion of an amendment to its $70 million revolving credit facility with Wells Fargo Capital Finance, which matures on May 16, 2016. “We are pleased to announce this strategic investment and partnership with Golden Gate Capital, which is a strong endorsement of our brand and turnaround strategy, and provides us with further financial flexibility to complete our near term business objectives and accelerate our growth plans,” said Dennis Pence, chairman and CEO
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