Anna's Linens Elevates Scott Gladstone To CEO

PRESS RELEASE

COSTA MESA, Calif., Jan. 30, 2014 /PRNewswire/ -- Anna's Linens announced today that company president Scott Gladstone has been named chief executive officer of the home furnishings and home decor retailer. The company, started in 1987 with a store in Baldwin Park, CA, was founded by Alan Gladstone, and now has more than 300 stores throughout 19 states. Alan Gladstone will remain as chairman of the board.

"Scott has spent the last eight years at Anna's bringing innovation and business improvements to many different areas of the company. I am proud of what we have done together and have absolute confidence that he is the person who can lead us in writing the next chapter of Anna's history," said Alan Gladstone.

In naming Scott to succeed him as CEO, Gladstone, 66, ensures that Anna's remains a family-run business. Currently, the company is the country's 13th largest retailer of home textiles and home decor items, with more than 3,200 employees.

The 44-year-old Gladstone, who joined Anna's Linens in 2005, was named president of the company in 2012. Prior to joining Anna's, Gladstone spent 10 years as president of the U.S. division of Sparco, a global manufacturer of automotive performance products and safety equipment.

"This company has always been about evolving; and this succession in leadership is yet another example of how we ensure that we are well positioned for the future," said Scott Gladstone. "This is undoubtedly an exciting time for Anna's and I look forward to building upon the legacy that my father has created."

Stating that he would remain Anna's leading "brand ambassador" and most vocal cheerleader, Alan Gladstone will continue to serve as chairman and work closely with the executive committee. "I'm truly excited about Anna's future under Scott's leadership," said Gladstone.

About Anna's Linens
Headquartered in Costa Mesa, California, Anna's Linens was founded in 1987 by its current chairman, Alan Gladstone, and named after his mother, Anna. A family-run business with more than 3,200 employees, Anna's currently operates more than 300 stores throughout 19 states and Puerto Rico.

SOURCE Anna's Linens

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