TWE names acting CFO

ALBANY, N.Y. — Trans World Entertainment has named John Anderson acting CFO, effective immediately. Anderson has served in positions of increasing responsibility at Trans World for over 18 years, most recently serving as controller since September 2006. Anderson will be replacing Tom Seaver who will be leaving the company to pursue other opportunities after a short transition period.

Mike Honeyman, president and COO, said: "We are very pleased to announce John as our acting CFO. John has been a valued member of our leadership team and has a strong track record of delivering results. He's ideally suited to oversee the company's financial operations and support our efforts to grow and deliver value for our shareholders. Also, we thank Tom Seaver for his service and wish him well in the future."

As acting CFO, Anderson will lead Trans World Entertainment's financial planning and financial reporting divisions.

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