Five Below Appoints Devine to Board of Directors

Five Below, Inc. FIVE today announced that it has appointed Michael F. Devine, III to its Board of Directors. Mr. Devine will replace Howard Ross, who resigned from the Board of Directors. Mr. Devine has also been appointed to be a member, and to serve as chair, of Five Below's Audit Committee. Mr. Devine currently serves on the boards of Express, Deckers, Talbot's, and Sur La Table, and previously served on the board of NutriSystems. Mr. Devine served as Chief Financial Officer of Coach from 2001 to 2011. During his tenure at Coach, revenue and operating margins increased significantly. During his career, Mr. Devine was recognized as one of the 100 Most Influential People in Finance – Visionary CFO by Treasury & Risk Management Magazine.