Shoes For Crews Announces New Board Members

NEW YORK & WEST PALM BEACH, Fla.--(BUSINESS WIRE)--

Shoes For Crews (the "Company"), the global leader in slip-resistant footwear, and its majority shareholder CCMP Capital, today announced the appointment of three new highly qualified members to the Company's Board of Directors, effective immediately: Court Carruthers, former President of W.W. Grainger; Kurt Kimball, former Executive Vice President, Sales of Compass Group; and Zohar Ziv, retired Chief Operating Officer of Deckers Outdoor Corporation.

Matt Smith, Chairman of Shoes For Crews' Board of Directors said, "We are very pleased to welcome Court, Kurt and Zohar to our board. Their collective experience and business savvy will complement our highly talented management team as Shoes for Crews extends its long track record of helping keep employees safe in the workplace, providing outstanding value to our corporate customers, and driving continued strong growth in our sales and earnings."

Rich Zannino, lead director at Shoes for Crews and a Managing Director at CCMP said, "It is a real privilege to have such prominent leaders like Court, Kurt and Zohar join our board, as each brings a strong track record of success in operating disciplines that are tightly aligned with our vision for Shoes For Crews. With these additions, we believe the Board is well positioned to provide great counsel to our management team as it executes and achieves the Company's growth strategy."

About Court Carruthers

Mr. Carruthers has held a variety of senior management positions from 2002 to 2015 with W.W. Grainger GWW, the largest distributor of industrial and safety supplies in North America. Mr. Carruthers most recently served as Group President, Americas, where he was responsible for Grainger's operations in North and South America, and the company's eCommerce business and technology innovation. Mr. Carruthers also serves as a director of Ryerson Holding Corporation RYI, Follett Corporation, PSS Companies and Foundation Building Materials.

About Kurt Kimball

Mr. Kimball formerly served as Executive Vice President of North America for Compass Group, a multinational leader in foodservice management and support services, where he was responsible for the company's North American Sales, its Strategic Alliance Group and development of cross-divisional global opportunities. Prior to joining Compass Group, Mr. Kimball served as Vice President of Sales for Marriott International MAR, where he drove national sales and retention efforts for Marriott Corporate Services, a $1 billion division of Marriott.

About Zohar Ziv

From 2007 until his retirement in 2015, Mr. Ziv served as Chief Operating Officer of Deckers Outdoor Corporation DECK, the parent company of five popular footwear brands including UGG, Teva, Sanuk and Hoka One One. Mr. Ziv joined Deckers in 2006 as Executive Vice President of Finance and Administration. Over his nine year tenure at Deckers, Mr. Ziv guided the company's growth from $250 million to $1.8 billion through management of its international, retail, eCommerce, infrastructure and sourcing functions, which led the company's transition from domestic wholesaler to multi-channel global distributor. Earlier in his career, Mr. Ziv also held Chief Financial Officer positions with companies in marketing services, personalized souvenirs, hair products, multimedia systems and medical systems.

About Shoes For Crews

Shoes For Crews is the leading designer and marketer of slip-resistant footwear worldwide. Headquartered in West Palm Beach, Florida, Shoes For Crews began producing slip-resistant footwear in 1984. Through its superior technology, the company quickly became the industry leader. Shoes For Crews strives to create a safer workplace in all industries where floor hazards are a reality. The Shoes For Crews team's focus is to deliver the ultimate in slip-resistant technology as well as classic and fashion styling, through a complete line of footwear designed to improve the quality of life of the working person by combining slip-resistance, comfort and durability into all the company's products.

About CCMP Capital

CCMP Capital Advisors, LLC specializes in middle market buyouts and growth equity investments of $100 million to $500 million in North America and Europe. CCMP focuses on generating alpha through the operational transformation and growth of its portfolio companies. With offices in New York, Houston and London, CCMP invests in four primary industries: Consumer/Retail, Industrial, Chemicals/Energy and Healthcare. Selected investments under management include: Shoes For Crews, PQ Corporation, Eco Services, Jetro Cash & Carry, The Hillman Group, Jamieson Laboratories, Pure Gym, Ollie's Bargain Outlet, Milacron, Newark Energy, Infogroup, Chaparral Energy and LHP Hospital Group.

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