Burlington, N.J. -- Burlington Stores announced that Thomas A. Kingsbury, the company’s CEO and president, has been unanimously elected as chairman of the board.
“We are excited to elect Tom to chair the board of directors of Burlington Stores,” the board said in a statement. “He has done an outstanding job as CEO since he joined the company in 2008. The growth of the business has been impressive under Tom’s leadership and we look forward to this continuing under Tom’s expanded role as chairman and CEO.”
The role of chairman of the board at Burlington has been vacant since April 2006 when the chain was taken private by Bain Capital.
The company also announced the formation of a nominating and corporate governance committee of the board of directors, which will be responsible for, among other things, identifying individuals qualified to become board members.