CHARRON SELLS: Liz Claiborne Inc. chief executive officer Paul Charron exercised some of his stock options and then sold 134,000 shares at about $33.46 a piece for a total value of about $4.5 million, according to published reports out of Washington. The strike prices on the options were $16.28 and $17.91, which means Charron grossed anywhere between $2.1 million and $2.3 million on the sale. Including restricted stock awards, Charron now directly holds 276,994 Liz Claiborne shares. The company’s stock closed up 8 cents, or 2 percent, to $34.25 on Wednesday. Neither the Securities and Exchange Commission filing nor company officials were available at press time Thursday.

FROM GAP TO JILL: The J. Jill Group Inc. has tapped former Gap executive Stephen Pearson as senior vice president of sourcing and product integrity, a new position with the Quincy, Mass.-based retailer. Pearson will join the firm in June, reporting to Patricia Lee, president of merchandising. Pearson was most recently executive vice president with supply chain software firm Freeborders Inc. Prior to that, he spent 20 years with Gap, holding vice president of sourcing posts in the Gap and Banana Republic divisions.

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