Hot Topic, Inc. Appoints Two New Executives
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Hot Topic, Inc. (NASDAQ Global Select Market: HOTT) today announced that two new executives have joined the company, Don Hendricks as Chief Information Officer and Jeff Allison as Senior Vice President of Planning and Allocation.
Mr. Hendricks will lead all information technology for Hot Topic, Inc. Prior to joining Hot Topic, Mr. Hendricks was the Chief Information Officer at Gymboree Corporation where he led many successful major systems implementations. In addition to his IT responsibilities, Mr. Hendricks was also responsible for distribution and logistics.
Mr. Allison will lead the merchandise planning and allocation teams for both the Hot Topic and Torrid brands. He most recently served as SVP, Planning and Allocation for Chico’s FAS Inc. Prior to Chico’s Mr. Allison served for 10 years in several senior executive roles in merchandising, planning and allocation and finance at JCPenney. Mr. Allison also held various financial positions at the Limited, Inc. from 1990 to 2000.
In their respective roles, both Mr. Hendricks and Mr. Allison will report to Lisa Harper, the Company’s Chief Executive Officer.
Lisa Harper said, “We are very pleased to have both Don and Jeff join our team. Their diverse experience in retail and strong leadership skills in their respective areas will add significant strength to our senior management team. We feel that the quality of leaders that we have selected to fill these critical roles will help us execute our strategy and elevate the business to the next level.”
Hot Topic, Inc. is a mall and web based specialty retailer operating the Hot Topic and Torrid brands. Hot Topic offers music/pop culture-licensed and music/pop culture-influenced apparel, accessories, music and gift items for young men and women principally between the ages of 12 and 22. Torrid offers apparel, lingerie, shoes and accessories designed for various lifestyles for plus-size females principally between the ages of 15 and 29.