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Coldwater Creek Gets a New Boss

Co-founder to step down December 31

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Coldwater Creek Inc. (Sandpoint, Idaho) has announced that its co-founder, ceo and board chairperson, Dennis Pence, will be stepping down from his ceo position December 31. Jill Brown Dean will become the company’s new president, effective January 1, 2013.

“It gives me great satisfaction to announce today the succession of Jill to the role of ceo. Her outstanding leadership, combined with her intimate knowledge of our customer and our brand, gives me great confidence in her ability to continue to lead the turnaround of our company, positioning us for a vibrant and successful second chapter in our history,” said Pence. “In the last two and a half years, we have recruited a management team that has the skills and determination needed to execute to success, and Jill's future role in leading this team will ensure the best possible results going forward. I join my fellow directors in congratulating her on her well-deserved promotion.”

Pence will remain a director and chairperson of the board until January 1, 2014.

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