RedEnvelope, Inc. Appoints John Pound Chairman of Board
07 Fevereiro 2007 - 11:00AM
PR Newswire (US)
SAN FRANCISCO, Feb. 7 /PRNewswire-FirstCall/ -- RedEnvelope, Inc.
(NASDAQ:REDE) announced today that its Board of Directors has
elected John Pound as Chairman of the Company's Board of Directors.
Mr. Pound is the Manager of The Integrity Brands Fund, L.P., which
is a significant stockholder of the Company. Daniel Lyle, who has
served as a member of the Board since July 2003 and as Chairman of
the Board since August 2005, will continue to serve on the Board
and as Chairman of the Audit Committee. Ken Constable, President
and Chief Executive Officer, commented, "We are pleased that John
has agreed to serve as Chairman. His background in brands and
multi-channel specialty retail will be valuable as we develop
strategies to unlock the potential in the RedEnvelope brand and
business model. We are also grateful for Dan's contributions as
Chairman, and we look forward to his continued leadership as
Chairman of the Audit Committee and as a member of the Board." Mr.
Constable concluded, "We are confident that we will continue to
move the Company forward under John's and my leadership in 2007 and
beyond." About RedEnvelope, Inc. RedEnvelope, Inc. is a branded
online retailer of upscale gifts, dedicated to helping women
celebrate and nurture their closest personal relationships with
unique gifts and unequalled gift-giving experiences. RedEnvelope
offers an extensive and fresh collection of imaginative, original
gifts through its webstore, http://www.redenvelope.com/. NOTE:
"RedEnvelope" is a registered trademark of RedEnvelope, Inc.
DATASOURCE: RedEnvelope, Inc. CONTACT: investors, Andrew
Greenebaum, +1-310-954-1100 or , or Christine Lumpkins,
+1-310-954-1100, or , both of Integrated Corporate Relations, Inc.
Web site: http://www.redenvelope.com/
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