Jason Mazzola Promoted to Citi Trends CEO

Jason Mazzola has been promoted to president and chief executive officer of Citi Trends Inc., the Savannah, Ga.-based urban fashion specialty retailer, effective March 21. As ceo, Mazzola will succeed Ed Anderson, who will remain with the company as executive chairman and chairman of the real estate committee. Mazzola, who joined the company as executive vice president and chief merchandising officer in February 2012, previously served as chief merchandising officer of Ideeli Inc. and executive vice president of sales and design for Long Street Industries. He earlier worked at The TJX Cos. Inc. in a variety of merchandising roles, including senior vice president and general merchandise manager of its now defunct A.J. Wright division. Mazzola will report to Anderson and join the company’s board, expanding its membership to six. Citi Trends also promoted Bruce Smith, executive vice president and chief financial officer, to the additional post of chief operating officer. The transition in management came as the firm reported strong results for its fourth quarter and full year. Still, the company’s shares fell 20 percent in morning trading Friday when the retailer said that sales so far in the first quarter of 2015 had declined about 3 percent. In the 13 weeks ended Jan. 31, net income

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