Russ Hammer Named Chief Financial Officer of Brown Shoe Company as Mark Hood Resigns

Global footwear company Brown Shoe Company, Inc.

(brownshoe.com) announced today that Russ Hammer has been named chief financial officer of the company, replacing Mark Hood as of June 11, 2012. Hood will assist with the transition of duties. “I'm delighted Russ Hammer is joining Brown Shoe Company as chief financial officer,” said Diane Sullivan, president and chief executive officer of Brown Shoe Company. “With his more than 30 years of finance experience, I'm confident he will be able to make an immediate contribution across the company and to the work we've been completing in our portfolio realignment efforts.” “I also want to thank Mark Hood for the positive role he has played at Brown Shoe Company over the past five years,” continued Sullivan. “We appreciate his contributions toward executing the first phase of our portfolio realignment, and this corporate-wide effort has already resulted in a significant improvement in our first quarter adjusted earnings per diluted share. Everyone at Brown Shoe Company wishes Mark all the best in the future.”