Brookstone Announces CEO Succession
James M. Speltz, appointed as President and CEO
MERRIMACK, N.H., April 4, 2013 – Brookstone, Inc. today announced that it has accepted the resignation of Stephen Bebis, its President and CEO and a member of the company’s Board of Directors. Mr. Bebis’ resignation will be effective April 4, 2013. Mr. Bebis joined Brookstone in May 2012. Effective upon Mr. Bebis’ resignation, James M. Speltz, the Company’s Vice President, Chief Operating Officer has been appointed as the Company’s new President and CEO.
“Everyone at Brookstone is deeply committed to product innovation and the first-rate service our customers have come to expect from us,” said Speltz. “I am proud to continue to work with our Board of Directors and management team which has provided unparalleled leadership and strong support across all areas of the Company. I look forward to building upon the strength of the Brookstone brand, continuing the significant progress we have made over the past few years, and expanding upon our business development initiatives.”
About Brookstone, Inc.
Brookstone is an innovative product development company and multichannel lifestyle retailer. Brookstone operates more than 250 stores nationwide and in Puerto Rico. Typically located in high-traffic regional shopping malls and airports, the stores feature unique and innovative consumer products. Brookstone also operates an e-commerce business that includes the Brookstone catalog and Brookstone.com. Fans of Brookstone are encouraged to Like Brookstone on Facebook, follow on Twitter and The Fancy, and pin on Pinterest.
James M. Speltz
President and Chief Executive Officer