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Jim Boscov named Boscov's CEO

Boscov's Department Stores LLC announced that Jim Boscov has been named CEO of the 43 store retail chain headquartered in Reading.

Earlier this year, retail legend Albert Boscov announced his intention to name Jim as his successor, and that appointment was ratified at a recent meeting of Boscov's board of directors.Albert Boscov will retain his title as chairman and will remain active in the company.Jim Boscov will continue to serve as the vice chairman of the corporation. He is the third generation of the Boscov family to lead the company.According to Jim Boscov, "I've been fortunate to have a very close working relationship with Albert for many years and our ability to continue working side-by-side, as I take on additional responsibility, ensures a smooth transition. We are committed to build on the strong foundation he has created and continue the spirit and philosophy he's instilled."According to Albert Boscov, "Jim has more than 40 years of experience in almost every area of the retail industry. In addition to an intimate knowledge of every aspect of our business, he brings a true collaborative spirit that brings the best out of everyone on the team. With Jim at the helm, I'm very confident in the future of Boscov's."Jim Boscov currently serves on the boards of the Berks County Community Foundation and the United Way of Berks County. He is a former Board Chairman and Trustee of Alvernia University, Past President and member of the Board of the South Mountain YMCA and has served on the board of a number of other charitable organizations. Jim is supported in his efforts by his wife, Cindy, and their daughter Rachel.Boscov's operates 43 department stores in Pennsylvania, New York, New Jersey, Maryland, Delaware and Ohio and has announced the opening of an additional store this fall in Meriden, Connecticut. Boscov's has been providing customers with a wide selection of merchandise, competitive prices and superior service for 100 years.The company is committed to the communities it serves and has a long and distinguished history of civic and charitable activities.Additionally, Boscov's serves consumers across the country with a strong online shopping presence at

www.boscovs.com.

Jim Boscov