Press release
Citi Trends Appoints Two New Independent Directors to Board
Further diversifies Board with addition of two highly accomplished business leaders who serve the African American community SAVANNAH, Ga.--(BUSINESS WIRE)--
About this update from Citi Trends, Inc.
[{"type":"text","content":"\nFurther diversifies Board with addition of two highly accomplished business leaders who serve the African American community\n\n SAVANNAH, Ga.--(BUSINESS WIRE)--\nCiti Trends, Inc. (NASDAQ: CTRN), a growing specialty value retailer of apparel, accessories and home trends for way less spend primarily for African American and Latinx families in the United States, today announced the appointment of two new independent directors. Christina Francis, President of Magic Johnson Enterprises, and Cara Sabin, CEO of Sundial Brands, will join the Company’s Board of Directors, effective October 31, 2021. With these appointments, three out of seven independent directors of the Company will be African American females.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211025005779/en/Cara Sabin, CEO - Sundial Brands (Photo: Business Wire)\nPeter Sachse, Executive Chairman of the Board, said, “We are thrilled to add two highly accomplished executives to our board, and the expansion of the board reflects Citi Trends’ heightened commitment to diversity, equity and inclusion. Christina and Cara both have extensive experience in marketing, business development, community engagement and innovation in consumer facing businesses, which will complement our board’s skills and knowledge. We are confident they will provide valuable perspectives as we continue to execute on our growth strategy, and we look forward to their contributions.”\n\nChristina Francis brings more than 20 years of corporate and agency marketing experience across traditional and social media platforms. Since 2019, Ms. Francis has served as the President of Magic Johnson Enterprises where she is responsible for managing day-to-day operations, including strategy, business development, community involvement and overseeing ownership properties and partnerships. Ms. Francis joined Magic Johnson Enterprises in 2014 as Senior Vice President of Marketing and Communications. Prior to that, she served as Vice President of Marketing and Events for NFL Players Inc. Ms. Francis currently serves on the board of her alma mater Xavier University.\n\n“I am extremely delighted to be joining the Citi Trends board,\" said Christina Francis. \"I commend the company's longstanding commitment to employing people of color, across nearly 600 loca...