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99 Cents Only Stores
99 Cents Only Stores Announces Director Resignations
October 24th, 2008
99 Cents Only Stores(R) (NYSE: NDN) (the "Company") announced that Jennifer Holden Dunbar had resigned from the Company's Board of Directors. Ms. Dunbar had been a member of the Company's Board of Directors since August 2006. In order to satisfy the New York Stock Exchange requirement for a majority of independent directors, Howard Gold, son of the Company's founder Dave Gold and an executive officer of the Company, who is deemed a non-independent director, also resigned from the Board. The Company's CEO, Eric Schiffer, said, "Jennifer has been a valuable member of 99 Cents Only Stores Board, and we wish her well with her endeavors. Her board experience provided...
Source: Health Business Week (2008-10-24)
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