Big Lots appoints new director with retail experience
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COLUMBUS, Ohio – Big Lots, Inc. (NYSE: NYSE:BIG), a leading discount retailer, announced the appointment of Maureen B. Short to its Board of Directors, effective as of March 1, 2024.
Ms. Short brings extensive financial expertise to the board, having formerly served as the Chief Financial Officer of Upbound Group, Inc., known previously as Rent-A-Center (NASDAQ:UPBD), from 2016 to 2022.
With over 25 years in operational leadership and financial roles, Short’s experience is expected to be a valuable asset to Big Lots. Her background includes senior positions at Upbound Group, where she was involved in finance, investor relations, and treasury.
Short has also held strategic planning and finance positions at Blockbuster and Sprint, further solidifying her credentials in the retail and corporate finance sectors.
Board chair Cynthia T. Jamison expressed confidence in Short’s appointment, noting her track record in leading discount retail organizations through transformative periods. Short’s appointment comes as part of Big Lots’ strategy to enhance its board’s expertise and governance.
Short is set to stand for re-election at the 2024 Annual Meeting of Shareholders, where the company anticipates reducing the Board’s size to no more than ten directors.
Big Lots operates over 1,300 stores across 48 states and maintains an e-commerce platform, focusing on providing a range of products for the home at discounted prices. The company’s mission emphasizes offering significant savings on home essentials, aiming to deliver value to its customers.
The announcement is based on a press release statement.
