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Press release from Business Wire

Diane Sullivan Now CEO, President and Chairman of the Board for Brown Shoe Company

Monday, February 03, 2014

Diane Sullivan Now CEO, President and Chairman of the Board for Brown Shoe Company

16:00 EST Monday, February 03, 2014

ST. LOUIS (Business Wire) -- Diane Sullivan is now CEO, president and chairman of the board of Brown Shoe Company (NYSE: BWS) (brownshoe.com). The company's board of directors appointed Sullivan as chairman of the board last June, and her new role became effective yesterday, February 2, 2014.

Sullivan was named president and chief executive officer in May 2011. Since that time she has been focused on aligning the company's brands and businesses with both its mission and strategic financial goals. Over the past two years, Brown Shoe Company has made great strides in its portfolio realignment efforts at the infrastructure, retail and brand levels, which has led to a significant improvement in shareholder value.

Sullivan joined Brown Shoe Company in 2004 as president and assumed the additional role of chief operating officer in 2006. She was elected to Brown Shoe Company's board of directors in 2007. Prior to Brown Shoe Company, she worked at The Stride Rite Corporation, where she served as president and chief operating officer of the corporation and as a member of the board of directors. From there, Sullivan went to Phillips-Van Heusen as vice chairman of Footwear before joining Brown Shoe Company. In addition to serving on several footwear industry boards, Sullivan is currently on the boards of BJC HealthCare and Enterprise Holdings, as well as the board of trustees at Washington University.

This April, Brown Shoe Company will celebrate its 100th Anniversary on the New York Stock Exchange.

About Brown Shoe Company

Brown Shoe Company is a $2.6 billion, global footwear company whose shoes are worn by people of all ages, from all walks of life. Our products are available virtually everywhere — in the over 1,200 Famous Footwear and Naturalizer retail stores we operate, in hundreds of major department and specialty stores, on 14 branded ecommerce sites, and on many additional third-party retail websites. Through our broad range of products, we serve three key market segments with our Family, Healthy Living and Contemporary Fashion brands. For style-conscious consumers who demand up-to-the-second fashion footwear, we offer Via Spiga, Vince, Sam Edelman, Franco Sarto, Carlos Santana and Fergie Footwear brands. These high-quality, beautifully crafted and authentically designed shoes keeps fashionistas in step with the latest trends. At Brown Shoe Company, we inspire people to feel good and live better... feet first!

Brown Shoe Company
Investors
Peggy Reilly Tharp, 314-854-4134
ptharp@brownshoe.com
or
Media
Kelly Malone, 314-854-4093
kmalone@brownshoe.com

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