UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A INFORMATION

 

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the Securities Exchange Act of 1934

 

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The Children’s Place Retail Stores, Inc.

(Name of Registrant as Specified In Its Charter)

 

 

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The following statements related to the 2009 Annual Stockholders Meeting of The Children’s Place Retail Stores, Inc. (the “Company”) were made by Charles Crovitz, Interim Chief Executive Officer of the Company, during the Company’s first quarter 2009 earnings conference call held on May 21, 2009:

 

… I would like to briefly comment on the Company’s upcoming 2009 Annual Meeting of Stockholders. As you are probably aware, The Children’s Place is a nine-member board of directors, which includes former Chief Executive Officer and Chairman, Ezra Dabah, who resigned as CEO of the Company in 2007, and Stanley Silverstein, Mr. Dabah’s father-in-law.

 

The Company has nominated its slate of three directors and has been notified of Mr. Dabah’s intent to nominate three individuals to serve as directors of the nine-member board. Mr. Dabah’s nominees are not endorsed by the board of The Childrens Place. The Company has filed its preliminary proxy materials with the Securities and Exchange Commission in connection with the 2009 annual meeting. While we will not be answering any questions this morning regarding the proxy contest, as we are in an SEC review period, the Company’s highly-qualified and independent nominees — all of whom currently sit on the Company’s board — have extensive industry experience and outstanding corporate governance credentials.

 

I can assure you that our management team is as focused and determined as ever to deliver continuing value and growth for stockholders; and we believe the Company’s nominees — Sally Frame Kasaks, Malcolm Elvey, Norman Matthews — have been and will continue to be instrumental in continuing this positive momentum.