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Tilly’s, Inc. Announces the Appointment of New Board Member

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Tilly's (NYSE: TLYS) has announced the appointment of Michael Relich to its Board of Directors. Relich brings over 40 years of retail experience, specializing in systems and information technology. His most recent position was co-CEO of PacSun, and he previously served on the board of PSEB , where he held roles as Interim CEO and COO. The new board member has extensive experience in C-level positions at major retailers including Lucky Brand, Crate & Barrel, Guess (NYSE: GES), and Wet Seal. He currently serves on the advisory board of several technology companies. Executive Chairman Hezy Shaked expressed confidence that Relich's expertise in teen and young adult retail, combined with his IT knowledge, will be valuable additions to the board.

Tilly's (NYSE: TLYS) ha annunciato la nomina di Michael Relich nel suo Consiglio di Amministrazione. Relich porta con sé oltre 40 anni di esperienza nel settore retail, specializzandosi in sistemi e tecnologie dell'informazione. La sua posizione più recente è stata quella di co-CEO di PacSun, e in precedenza ha fatto parte del consiglio di PSEB, ricoprendo ruoli di CEO ad interim e COO. Il nuovo membro del consiglio ha una vasta esperienza in posizioni di vertice presso importanti rivenditori, tra cui Lucky Brand, Crate & Barrel, Guess (NYSE: GES) e Wet Seal. Attualmente, serve anche nel consiglio di consulenza di diverse aziende tecnologiche. Il Presidente Esecutivo Hezy Shaked ha espresso fiducia nel fatto che l'esperienza di Relich nel retail per adolescenti e giovani adulti, unita alle sue conoscenze IT, saranno preziosi contributi per il consiglio.

Tilly's (NYSE: TLYS) ha anunciado el nombramiento de Michael Relich en su Junta Directiva. Relich aporta más de 40 años de experiencia en el comercio minorista, especializándose en sistemas y tecnología de la información. Su puesto más reciente fue como co-CEO de PacSun, y anteriormente fue miembro de la junta de PSEB, donde ocupó roles como CEO interino y COO. El nuevo miembro de la junta tiene una amplia experiencia en posiciones de nivel C en importantes minoristas, incluyendo Lucky Brand, Crate & Barrel, Guess (NYSE: GES) y Wet Seal. Actualmente, forma parte del consejo asesor de varias empresas tecnológicas. El Presidente Ejecutivo Hezy Shaked expresó su confianza en que la experiencia de Relich en el retail para adolescentes y jóvenes adultos, combinada con su conocimiento en TI, será una valiosa adición al consejo.

Tilly's (NYSE: TLYS)Michael Relich을 이사로 임명했다고 발표했습니다. Relich는 40년 이상의 소매 경험을 보유하고 있으며, 시스템 및 정보 기술을 전문으로 하고 있습니다. 그의 최근 직책은 PacSun의 공동 CEO였으며, 이전에는 PSEB의 이사로서 임시 CEO 및 COO 역할을 수행했습니다. 새로운 이사는 Lucky Brand, Crate & Barrel, Guess (NYSE: GES), Wet Seal 등 주요 소매업체에서 C-레벨 직책의 광범위한 경험을 가지고 있습니다. 그는 현재 여러 기술 회사의 자문 위원회에 참여하고 있습니다. Hezy Shaked 집행 의장은 Relich의 청소년 및 젊은 성인 소매에 대한 전문 지식과 IT 지식이 이사회에 귀중한 기여가 될 것이라고 확신했습니다.

Tilly's (NYSE: TLYS) a annoncé la nomination de Michael Relich au sein de son Conseil d'Administration. Relich apporte plus de 40 ans d'expérience dans le secteur de la vente au détail, se spécialisant dans les systèmes et la technologie de l'information. Son poste le plus récent était celui de co-CEO de PacSun, et il a précédemment été membre du conseil de PSEB, où il a occupé des rôles de CEO intérimaire et de COO. Le nouveau membre du conseil possède une vaste expérience dans des postes de direction chez de grands détaillants tels que Lucky Brand, Crate & Barrel, Guess (NYSE: GES) et Wet Seal. Il siège actuellement au conseil consultatif de plusieurs entreprises technologiques. Le Président Exécutif Hezy Shaked a exprimé sa confiance dans le fait que l'expertise de Relich dans le commerce de détail pour les adolescents et les jeunes adultes, combinée à ses connaissances en informatique, sera une contribution précieuse au conseil.

Tilly's (NYSE: TLYS) hat die Ernennung von Michael Relich in seinen Vorstand bekannt gegeben. Relich bringt über 40 Jahre Erfahrung im Einzelhandel mit und ist auf Systeme und Informationstechnologie spezialisiert. Seine letzte Position war als Co-CEO von PacSun, und zuvor war er Mitglied des Vorstands von PSEB, wo er interimistischer CEO und COO war. Das neue Vorstandsmitglied hat umfangreiche Erfahrungen in C-Level-Positionen bei großen Einzelhändlern, darunter Lucky Brand, Crate & Barrel, Guess (NYSE: GES) und Wet Seal. Derzeit ist er auch im Beirat mehrerer Technologieunternehmen tätig. Der Executive Chairman Hezy Shaked äußerte zuversichtlich, dass Relichs Expertise im Einzelhandel für Jugendliche und junge Erwachsene in Verbindung mit seinem IT-Wissen wertvolle Ergänzungen für den Vorstand sein werden.

Positive
  • Addition of board member with 40+ years of retail industry experience
  • New director brings significant IT and systems expertise
  • Extensive C-level leadership experience in teen/young adult retail sector
Negative
  • None.

IRVINE, Calif.--(BUSINESS WIRE)-- Tilly’s, Inc. (NYSE: TLYS) today announced the appointment of Michael Relich to its Board of Directors.

Mr. Relich has over 40 years of experience in retail, with an emphasis on systems and information technology. He most recently served as the co-Chief Executive Officer of PacSun. He also recently served as a member of the board of directors of PSEB LLC, a privately held company that owns PacSun and Eddie Bauer, where he also held positions as its Interim Chief Executive Officer and Chief Operating Officer. Mr. Relich has served in C-level roles at Lucky Brand, Crate & Barrel, Guess, Inc. (NYSE: GES) and Wet Seal. Mr. Relich currently serves on the advisory board of several technology companies.

“We are pleased to welcome Mike Relich to Tilly’s Board of Directors,” said Hezy Shaked, Executive Chairman. “We believe Mike’s extensive experience in teen and young adult retail and knowledge of information technology will add great value to our Board.”

About Tillys

Tillys is a leading specialty retailer of casual apparel, footwear and accessories for young men, young women, boys and girls with an extensive assortment of iconic global, emerging and proprietary brands rooted in an active and outdoor lifestyle. Tillys is headquartered in Irvine, California and as of January 7, 2025, operated 249 total stores across 33 states, and its website, www.tillys.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, statements regarding the anticipated value of the Company’s new board member. For a detailed listing of certain risks and uncertainties that could adversely impact the Company’s business and expectations, please see the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”), including those detailed in the section titled “Risk Factors” and in its other filings with the SEC, which are available from the SEC’s website at www.sec.gov and from the Company’s website at www.tillys.com under the heading “Investor Relations”. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company does not undertake any obligation to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise. This release should be read in conjunction with the financial statements and notes thereto contained in the Company’s Form 10-K.

Investor Relations:

Michael L. Henry

Executive Vice President, Chief Financial Officer

949-609-5599 x.17000

irelations@tillys.com

Source: Tilly’s, Inc.

FAQ

Who is the new board member appointed to Tilly's (TLYS)?

Michael Relich, former co-CEO of PacSun with over 40 years of retail experience, has been appointed to Tilly's Board of Directors.

What experience does Michael Relich bring to TLYS board?

Michael Relich brings over 40 years of retail experience, specializing in systems and information technology, along with C-level experience at companies like PacSun, Lucky Brand, Crate & Barrel, Guess, and Wet Seal.

What was Michael Relich's most recent position before joining TLYS board?

Michael Relich most recently served as the co-Chief Executive Officer of PacSun.

How will Michael Relich's appointment benefit Tilly's (TLYS)?

According to Tilly's Executive Chairman, Relich's extensive experience in teen and young adult retail and knowledge of information technology will add great value to the Board.

Tilly's Inc.

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