Diamond Jewelry Retailer Zale Corporation Appoints Matt Appel as Chief Administrative Officer


Zale Corporation (NYSE: ZLC) announced the Company’s Chief Financial Officer, Matt Appel, has been appointed as Chief Administrative Officer. In this role, Mr. Appel will be responsible for real estate, supply chain and logistics, merchandise planning and allocation, information technology, warranty, repair and credit products, as well as the ongoing management of the Company’s finance and control functions. Mr. Appel will continue to serve as the Company’s Chief Financial Officer.

“In recognition of the critical role he has played, and continues to play, in the turnaround of our business, the Board and I are pleased to appoint Matt as Chief Administrative Officer of Zale,” said Theo Killion, Chief Executive Officer. “Since Matt joined the Company in May 2009, he has been a trusted partner whose leadership, determination and drive have been critical to the progress we’ve made in stabilizing the business.”

Zale Corporation is a leading specialty retailer of diamonds and other jewelry products in North America, operating approximately 1,870 retail locations throughout the United States, Canada and Puerto Rico, as well as online. Zale Corporation’s brands include Zales Jewelers, Zales Outlet, Gordon’s Jewelers, Peoples Jewellers, Mappins Jewellers and Piercing Pagoda. Zale also operates online at www.zales.com, www.zalesoutlet.com, www.gordonsjewelers.com, www.peoplesjewellers.com and www.pagoda.com. Additional information on Zale Corporation and its brands is available at www.zalecorp.com.

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