The Wet Seal Names Susan P. McGalla as CEO

The Wet Seal, Inc. WTSLA announced today it has entered into an employment contract with Susan P. McGalla to serve as its new chief executive officer through August 8, 2014. Ms. McGalla will assume her position as chief executive officer on January 18, 2011. Mr. Ed Thomas will remain as interim chief executive officer until January 18, 2011, and thereafter will remain employed by the Company until February 8, 2011, to assist with transition.