Liz Claiborne Announces CFO to Leave

Liz Claiborne is also announcing today that Andrew Warren, Executive Vice President and Chief Financial Officer, is leaving the Company by mutual agreement, effective March 16th , to pursue an opportunity in the media industry. The Company has initiated a search for Mr. Warren's replacement. Mr. Warren will continue to oversee our year-end fiscal closing and 10-K filing processes and will transition his finance responsibilities to a new CFO once his replacement is named. Mr. Warren's other responsibilities, including information technology, real estate, and special sales, will, for now, report directly to Bill McComb.