COLUMBUS, Ohio, March 5,
2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG),
America's Discount Home Store, today announced that Maureen B. Short has been appointed to its Board
of Directors, effective March 1,
2024.
Ms. Short served as the Chief Financial Officer of Upbound
Group, Inc. (formerly known as Rent-A-Center), a publicly traded,
multi-site, and omni-channel retailer from 2016 to 2022.
Commenting on today's announcement, Cynthia T. Jamison, board chair, stated,
"Maureen brings more than 25 years of operational leadership and
financial experience. Her proven track record of leading discount
retail organizations through times of transformation will
undoubtably be an asset. We expect she will be an active and
engaged board member, bringing valuable perspectives to us."
Prior to serving as Upbound's Chief Financial Officer, Ms. Short
spent eight years with the company in roles with increasing
responsibility including senior vice president of finance, investor
relations and treasury; senior vice president of finance, analytics
and reporting; vice president of analytics and reporting; and
director of financial planning and analysis. In addition, Ms. Short
held strategic planning and finance positions at Blockbuster and
Sprint.
Ms. Short received an MBA in Finance & Marketing from The
University of Florida – Warrington College of Business and a BS in
Business Administration from The University of
Kansas.
She, with the Board's other director nominees, will stand for
re-election at the 2024 Annual Meeting of Shareholders, when the
Company expects the Board's size to return to no more than ten
directors.
About Big Lots
Headquartered in Columbus,
Ohio, Big Lots, Inc. (NYSE: BIG) is America's Discount Home
Store, operating more than 1,300 stores in 48 states, as well as an
ecommerce store with expanded fulfillment and delivery
capabilities. The Company's mission is to help customers "Live Big
and Save Lots" by offering bargains to brag about on everything for
their home, including furniture, décor, pantry essentials,
kitchenware, pet supplies, and more. For more information about the
company or to find the store nearest you, visit biglots.com.
Cautionary Statement Concerning Forward-Looking
Statements
Certain statements in this release are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, and such statements are intended to qualify for the
protection of the safe harbor provided by the Act. The words
"anticipate," "estimate," "continue," "could," "approximate,"
"expect," "objective," "goal," "project," "intend," "plan,"
"believe," "will," "should," "may," "target," "forecast,"
"guidance," "outlook" and similar expressions generally identify
forward-looking statements. Similarly, descriptions of our
objectives, strategies, plans, goals or targets are also
forward-looking statements. Forward-looking statements relate to
the expectations of management as to future occurrences and trends,
including statements expressing optimism or pessimism about future
operating results or events and projected sales, earnings, capital
expenditures and business strategy. Forward-looking statements are
based upon a number of assumptions concerning future conditions
that may ultimately prove to be inaccurate. Forward-looking
statements are and will be based upon management's then-current
views and assumptions regarding future events and operating
performance and are applicable only as of the dates of such
statements. Although we believe the expectations expressed in
forward-looking statements are based on reasonable assumptions
within the bounds of our knowledge, forward-looking statements, by
their nature, involve risks, uncertainties and other factors, any
one or a combination of which could materially affect business,
financial condition, results of operations or liquidity.
Forward-looking statements that we make herein and in other
reports and releases are not guarantees of future performance and
actual results may differ materially from those discussed in such
forward-looking statements as a result of various factors,
including, but not limited to, the current economic and credit
conditions, inflation, the cost of goods, our inability to
successfully execute strategic initiatives, competitive pressures,
economic pressures on our customers and us, the availability of
brand name closeout merchandise, trade restrictions, freight costs,
the risks discussed in the Risk Factors section of our most recent
Annual Report on Form 10-K, and other factors discussed from time
to time in other filings with the SEC, including Quarterly Reports
on Form 10-Q and Current Reports on Form 8-K. This release should
be read in conjunction with such filings, and you should consider
all of these risks, uncertainties and other factors carefully in
evaluating forward-looking statements.
You are cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date they are made. We
undertake no obligation to publicly update forward-looking
statements, whether as a result of new information, future events
or otherwise. You are advised, however, to consult any further
disclosures we make on related subjects in our public announcements
and SEC filings.
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SOURCE Big Lots, Inc.