Stein Mart Inc. has established the office of the president and appointed chief operating officer D. Hunt Hawkins and chief merchandising officer Brian Morrow to share it.
Both continue to report to Jay Stein, chief executive officer.
Hawkins joined the company in 1994 as senior vice president of human resources and was promoted to executive vice president of operations in 2006. He became chief administrative officer in 2007 and assumed his most recent post in 2011.
Morrow joined Stein Mart as executive vice president and chief merchandising officer in 2010. Earlier in his career he was senior vice president and general merchandise manager of Macy’s North/Marshall Field’s for three years beginning in 2005 and executive vice president and gmm of Macy’s West .
Stein commented, “Hunt and Brian have made significant contributions in the success of the company. Their promotions are a testament to their leadership that has built a team that has produced seven consecutive quarters of comp-store gains, a dramatic departure from the achievements of past management, and reflect the confidence the board and I have in them.”
Stein, 68, has been chairman of Stein Mart since 1989 and ceo since 2013 following two years as interim ceo beginning in September 2011. He’s previously served as ceo for 11 years beginning in 1990.
Last year, Stein Mart’s net income was up 2.1 percent to $25.6 million while sales grew 2.5 percent to $1.26 billion. Same-store sales grew 3.7 percent for the year and rose 3.1 percent in the fourth quarter.