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Hanover Direct names new cfo

Edgewater, NJ — Charles Blue has been appointed cfo at Hanover Direct as part of the company's ongoing strategic business realignment plan, it said. He will succeed Ed Lambert, effective Nov. 11.

Blue will report to Tom Shull, chairman, president and ceo, with an additional functional reporting line to Brian Harriss, currently evp, human resources and legal, who will assume additional responsibilities as evp, finance & administration.

Blue joined Hanover in 1999 and most recently served as svp, finance, a position eliminated by the finance department restructuring.

The company also announced it has signed a three-year extension of its credit facility with Congress Financial Corp. The extension runs until Jan. 31, 2007.

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