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Charlotte Russe, Inc.

Charlotte Russe Names Board Member and Industry Veteran, Leonard Mogil, Interim CEO

Published in Law and Health Weekly, August 9th, 2008

The Board of Directors of Charlotte Russe, Inc. (NASDAQ: CHIC), announced that Board member Leonard Mogil, 62, formerly Group Executive Vice President of Phillips-Van Heusen Corporation, has been named interim Chief Executive Officer of the Company, effective immediately. He replaces Mark Hoffman, 59, who has retired as Chief Executive Officer and a Director of the Company. The Board of Directors is commencing a search for a permanent CEO, which will begin immediately.

Jennifer Salopek, Non-Executive Chairman of Charlotte Russe, said, "We are delighted and fortunate that Len has agreed to serve as interim CEO while we conduct a search for a new Chief Executive Officer....

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