Forté Out at Zale

January 31, 2006

Forté Out at Zale

Mary L. Forté resigned as president, CEO and board member of Zale Corp., Dallas, TX, the company announced Jan. 31. The board of directors appointed board member Betsy Burton as interim CEO until a successor is named. Burton has served on the board since 2003.

Burton formerly served as CEO of companies including Supercuts Inc., PIP Printing and the Cosmetic Center Inc. According to Zale, Burton is a turnaround specialist, and has most recently provided interim management and consulting services in the retail industry. She also sits on the boards of other public companies, including Staples, Aeropostale and Rent-A-Center, said Zale.

"The company would like to thank Mary for her many contributions over the last 11 years and we wish her well in her future endeavors," said Richard C. Marcus, Zale's chairman, in a release. "We are very appreciative of the talent and energy she brought to the business."

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