{"id":814531,"date":"2025-02-18T17:11:43","date_gmt":"2025-02-18T22:11:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-childrens-place-announces-appointment-to-its-board-of-directors\/"},"modified":"2025-02-18T17:11:43","modified_gmt":"2025-02-18T22:11:43","slug":"the-childrens-place-announces-appointment-to-its-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-childrens-place-announces-appointment-to-its-board-of-directors\/","title":{"rendered":"The Children\u2019s Place Announces Appointment to Its Board of Directors"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SECAUCUS, N.J., Feb.  18, 2025  (GLOBE NEWSWIRE) &#8212; <strong>The Children\u2019s Place, Inc. (Nasdaq: PLCE)<\/strong>, the largest pure-play children\u2019s specialty retailer in North America with an omni-channel portfolio of brands, today announced that the Company has appointed Rhys Summerton to the Company\u2019s Board of Directors and as a member of the Audit Committee. Mr. Summerton will hold office until the annual meeting of stockholders of the Company to be held in 2025. Ms. Summerton is an independent director and qualifies as an \u201caudit committee financial expert\u201d under applicable SEC and Nasdaq rules.<\/p>\n<p align=\"justify\">Turki S. AlRajhi, Executive Chairman of the Board of Directors of The Children\u2019s Place, commented, \u201cWe are pleased to welcome Rhys to our Board of Directors. Rhys is a thoughtful leader and a man of integrity. I am delighted that he will be joining us.\u201d<\/p>\n<p align=\"justify\">Mr. Summerton is Fund Manager and Investor at Milkwood Capital, a long-term, value oriented, global investment company. Prior to launching Milkwood Capital, from 2001 to 2008, he was a Senior Investment Analyst at Citigroup and from 2008 to 2013, Managing Director at Citigroup where he was the Global Head of Emerging Market Equity Research. Mr. Summerton began his career as an Auditor at Ernst and Young.<\/p>\n<p align=\"justify\">\n        <strong>About The Children\u2019s Place<\/strong>\n      <\/p>\n<p align=\"justify\">The Children\u2019s Place is the largest pure-play children\u2019s specialty retailer in North America with an omni-channel portfolio of brands. Its global retail and wholesale network includes two digital storefronts, more than 500 stores in North America, wholesale marketplaces and distribution in 15 countries through six international franchise partners. The Children\u2019s Place designs, contracts to manufacture, and sells fashionable, high-quality, head-to-toe outfits predominantly at value prices. For more information, visit: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vfXvFov53ZmAqZVi5Tbd1vU7OqWIuYLlp8Dn93REoexp0rVq4aUwS9LdGVMUuxnph4mLyM4NWfUHtfk709iGA-L2c0WMnX7Hq3yN57F_UVo=\" rel=\"nofollow\" target=\"_blank\">www.childrensplace.com<\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=L2wCRNS4ga9ZYYqM7Jmu519OFfite1wc8WfHRdK9MLsWk1X4IadJ2XLTB2iBtacKWfHJRhG3w3wHd5qIDCzypA==\" rel=\"nofollow\" target=\"_blank\">www.gymboree.com<\/a>.<\/p>\n<p align=\"justify\">Contact: Investor Relations\u00a0(201) 558-2400 ext. 14500<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM2MDQ0MyM2NzU2ODQyIzIwMjc2OTY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NGE4ZjM2MjUtM2Y5Mi00NTVkLWFkNzMtMGE1ZGE2ODhiYmU2LTEwMzg3NTY=\/tiny\/The-Children-s-Place-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SECAUCUS, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) &#8212; The Children\u2019s Place, Inc. (Nasdaq: PLCE), the largest pure-play children\u2019s specialty retailer in North America with an omni-channel portfolio of brands, today announced that the Company has appointed Rhys Summerton to the Company\u2019s Board of Directors and as a member of the Audit Committee. Mr. Summerton will hold office until the annual meeting of stockholders of the Company to be held in 2025. Ms. Summerton is an independent director and qualifies as an \u201caudit committee financial expert\u201d under applicable SEC and Nasdaq rules. Turki S. AlRajhi, Executive Chairman of the Board of Directors of The Children\u2019s Place, commented, \u201cWe are pleased to welcome Rhys to our Board of Directors. Rhys is a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-childrens-place-announces-appointment-to-its-board-of-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Children\u2019s Place Announces Appointment to Its Board of Directors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-814531","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Children\u2019s Place Announces Appointment to Its Board of Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-childrens-place-announces-appointment-to-its-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Children\u2019s Place Announces Appointment to Its Board of Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SECAUCUS, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) &#8212; The Children\u2019s Place, Inc. (Nasdaq: PLCE), the largest pure-play children\u2019s specialty retailer in North America with an omni-channel portfolio of brands, today announced that the Company has appointed Rhys Summerton to the Company\u2019s Board of Directors and as a member of the Audit Committee. Mr. Summerton will hold office until the annual meeting of stockholders of the Company to be held in 2025. Ms. Summerton is an independent director and qualifies as an \u201caudit committee financial expert\u201d under applicable SEC and Nasdaq rules. Turki S. AlRajhi, Executive Chairman of the Board of Directors of The Children\u2019s Place, commented, \u201cWe are pleased to welcome Rhys to our Board of Directors. 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