Financial Release
08/25/06 | Williams-Sonoma, Inc. Announces the Promotion of Dave DeMattei to Group President, Williams-Sonoma, Williams-Sonoma Home and West Elm Brands
| PRESS RELEASE WILLIAMS-SONOMA, INC. 3250 Van Ness Avenue San Francisco, CA 94109 |
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FOR IMMEDIATE RELEASE
Williams-Sonoma, Inc. Announces the Promotion of Dave DeMattei to
Group President - Williams-Sonoma, Williams-Sonoma Home and West Elm Brands
San Francisco, CA, August 25, 2006 – Williams-Sonoma, Inc. (NYSE: WSM) today announced the promotion of Dave DeMattei, President, Emerging Brands, to the position of Group President - Williams-Sonoma, Williams-Sonoma Home and West Elm Brands, reporting to Howard Lester, Chairman and Chief Executive Officer. In his new role, Mr. DeMattei will retain his current responsibilities leading the West Elm and Williams-Sonoma Home brands, in addition to assuming responsibility for the company’s namesake Williams-Sonoma brand.
Mr. DeMattei joined the company in 2003 and has served in the role of President, Emerging Brands. Prior to joining Williams-Sonoma, Inc., Mr. DeMattei served as President, North America Retail and Wholesale Divisions of Coach, Inc.
Mr. Lester commented, “In this newly created role, Dave will be responsible for the strategic alignment of the Williams-Sonoma and Williams-Sonoma Home brands, which we believe is an important first step in leveraging the growth potential of the Williams-Sonoma ‘family’ of brands.”
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This press release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements include statements relating to the strategic alignment of our brands and the growth potential of our family of brands.
The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include the risks that we may not be able to strategically align our brands or realize the growth potential of our family of brands as we currently expect, as well as other risks and uncertainties described more fully in our public announcements, reports to shareholders and other documents filed with or furnished to the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended January 29, 2006 and all subsequent current reports on Form 8-K and quarterly reports on Form 10-Q.
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