Aerosoles Names R. Shawn Neville As New Chief Executive Officer

EDISON, N.J., Sept. 8, 2015 /PRNewswire/ -- Aerosoles, the leading footwear innovator offering women a wide range of comfortable and stylish shoes, boots and sandals designed with its proprietary technologies, today announced that retail and footwear industry veteran executive R. Shawn Neville has been appointed chief executive officer. Neville, who will begin on September 8, will take over from interim CEO Caryn Lerner, operating partner of Palladin Consumer Retail Partners, LLC, which acquired privately owned Aerosoles in June 2014. His initial key initiatives will include strengthening Aerosoles' go-to-market strategy, branding, store design, merchandising, product development, e/m-commerce and overall expansion strategy.

With extensive global retail and brand development experience, including over two decades in the footwear sector, Neville comes to Aerosoles following six years at Avery Dennison Corp., leading its $1.6 billion retail branding and information solutions division as president. Previously, he spent four years as a senior officer of Stride Rite and president of its Keds division after five years with Footstar, as president and CEO of its athletic division and the same role with Footaction USA. Most recently he served as CEO and president of team sports apparel company, Boathouse Sports.

In the 1990s Neville spent seven years with Reebok International, finishing his tenure as senior vice president and general manager of Reebok North America and president of Reebok France. Other positions include executive marketing roles with VISA USA, and marketing and sales roles with Procter & Gamble, where he began his career after earning his B.S. with honors in Hotel/Restaurant Management & Finance from the University of Denver.

"Shawn is a results-oriented leader with the strategic expertise and management skills to take Aerosoles to the next level," stated Palladin Consumer Retail Partners Operating Partner Caryn Lerner. "We are excited to have him aboard and look forward to working together in the months ahead."

"I am very excited to be joining a company and brand with such a strong heritage, innovative proprietary technologies, and commitment to delivering fun stylish products to its consumers," stated Neville. "The brand has tremendous potential to become a powerful lifestyle brand rooted in helping women look and feel great. I look forward to developing a long-term strategy in partnership with our parent company, Palladin Consumer Retail Partners."

About Aerosoles
Aerosoles, headquartered in Edison, New Jersey, is the leading footwear innovator featuring exclusive comfort technologies that offer women a wide range of stylish shoes, boots and sandals for all occasions. Proprietary technologies include Heel Rest, Stich n Turn, …..Aerosoles is sold in 30 different countries, 4,000 doors globally and, in the United States, at major department and specialty stores, 120 retail and outlet locations as well as online. Its brands include Aerosoles, A2, Aerology and What's What. For more information, visit www.aerosoles.com.

About Palladin Consumer Retail Partners
Palladin Consumer Retail Partners is a private equity firm with extensive experience investing in and building leading retail and consumer brands. Founded in 1998, the firm prides itself on working closely with management teams to create value through strategic and operational initiatives. Its principals have previously held CEO and other senior executive roles at several wholesale, retail, and related companies including Arnotts (Ireland), Gordon Brothers, Nine West, Jones, Holt Renfrew, Escada, QVC Networks and Bloomingdales. Current and former portfolio companies include InMotion Entertainment, Nic + Zoe, J. McLaughlin, KT Tape, Harrys of London, Things Remembered, Restoration Hardware, Spencer Gifts and Party America. www.pcrp.com

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