Build-A-Bear Workshop, Inc. Announces Resignation of Sarah Personette from the Board of Directors
January 26, 2021 at 04:31 pm
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On January 22, 2021, Sarah Personette resigned from the Board of Directors of Build-A-Bear Workshop, Inc., effective immediately. Ms. Personette, who has served on the Board since February 2016, was a Class I director with a term expiring at the Company’s 2023 Annual Meeting of Stockholders. At the time of her resignation, Ms. Personette served as a member of the Compensation and Development Committee of the Board and as a member of the Nominating and Corporate Governance Committee of the Board. Ms. Personette’s resignation is not due to any disagreements with the Company.
Build-A-Bear Workshop, Inc. is an experiential specialty retailer where children and their families can create their own stuffed animals by participating in the stuffing, fluffing, dressing, accessorizing, and naming of their own teddy bears and other plush toys. Its segments include direct-to-consumer (DTC), commercial, and international franchising. Its DTC segment includes the operating activities of corporately-managed stores, other retail-delivered operations and online sales. Its commercial segment includes transactions with other businesses and is comprised of wholesale sales of merchandise, supplies and fixtures, licensing the Companyâs intellectual properties for third-party use, and entertainment activities. Its international franchising segment includes the activities of franchisees who operate store locations in certain countries and includes development fees, sales-based royalties, merchandise, supplies and fixture sales. It has over 359 corporate-managed stores globally.