CHARLOTTE, N.C., Nov. 2 /PRNewswire-FirstCall/ -- The Cato Corporation announced today the promotion of Stuart Uselton to Executive Vice President, Chief Administrative Officer effective November 1, 2006. Mr. Uselton will report to John Cato, Chairman, President and Chief Executive Officer and be responsible for distribution, loss prevention, internal audit, credit, and risk management. Mr. Uselton has been with Cato since 2000 in the role of Treasurer. From 1991 to 2000, Mr. Uselton was with Tractor Supply Company, Nashville, Tennessee, with his most recent position being Assistant Treasurer. From 1984 through 1992, Mr. Uselton was in the tax practice of Deloitte and Touche in Nashville.
"I am pleased to announce Stuart's promotion," stated Mr. Cato. "We look forward to his continued contribution to Cato's growth and success."
The Cato Corporation is a leading specialty retailer of value-priced women's fashion apparel operating two divisions, "Cato" and "It's Fashion!". As of October 28, 2006, the Company operated 1,270 stores in 31 states, compared to 1,222 stores in 31 states as of October 29, 2005.
