The Bon-Ton Stores adds to its board of directors
July 31, 2014-- Home Textiles Today,
York, Pa.-- The Bon-Ton Stores has elected Daniel Motulsky to its board of directors, effective Aug. 1.
Motulsky, 52, was a managing director and global head of consumer & retail of Lazard from 2000 to June 2014, having joined the firm in 1998. Lazard is a global financial advisory and asset management firm that engages in investment banking, asset management and other financial services.
Prior to Lazard, Motulsky was a partner of Tanner & Co. Inc., a merchant banking and mergers and acquisitions advisory firm. He previously served as an investment banker with Salomon Brothers Inc and began his career as a software design engineer at VLSI Technology.
"Dan possesses extraordinary experience in the consumer and retail industries, which I believe will be invaluable to Bon-Ton," said Tim Grumbacher, chairman of the board. "We welcome Dan's insight and counsel as we continue to execute our business strategies for profitable growth and increased shareholder value."