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Shoe Carnival Appoints Kerry Jackson as Senior Vice President, New Business Development

1. Kerry Jackson appointed as Senior VP for M&A initiatives. 2. His experience includes 35 years at Shoe Carnival. 3. Focus on expanding customer reach through strategic acquisitions. 4. Leadership changes aim to reinforce competitive positioning. 5. Company operates 429 stores across 35 states.

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FAQ

Why Bullish?

The return of an experienced leader often boosts investor confidence, as seen in similar cases.

How important is it?

Leadership changes in M&A can significantly affect company growth and stock performance.

Why Long Term?

M&A initiatives typically require time to manifest positive financial results post-implementation.

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-Industry veteran returns from retirement to lead M&A initiatives and accelerate national expansion FORT MILL, S.C.--(BUSINESS WIRE)--Shoe Carnival, Inc. (Nasdaq: SCVL) (the “Company”), a leading retailer of footwear and accessories for the family, today announced the appointment of Kerry Jackson as Senior Vice President, New Business Development. In this newly created role, Mr. Jackson will report directly to President and Chief Executive Officer, Mark Worden, and spearhead the Company's merger and acquisition activities, integration of acquired businesses and synergy capture initiatives as part of the Company's strategic vision to become the nation's leading family footwear retailer. Mr. Jackson brings 35 years of experience with Shoe Carnival, including 27 years serving as Chief Financial Officer before retiring in 2023. He will begin his role on June 9, 2025, working from the Company's Fort Mill headquarters. “Kerry's return is a tremendous asset for our growth strategy,” said Mark Worden, President and Chief Executive Officer. “His deep institutional knowledge, combined with his proven financial acumen and strategic insight, makes him uniquely qualified to partner with me in driving our M&A initiatives. Kerry's passion for building business ultimately brought him back to us, and we're fortunate to have his continued leadership as we expand our national footprint.” The appointment supports the Company's ongoing expansion strategy through strategic mergers and acquisitions to broaden customer reach and strengthen its position in the competitive footwear retail market. About Shoe Carnival Shoe Carnival, Inc. is one of the nation's largest family footwear retailers, offering a broad assortment of dress, casual and athletic footwear for men, women and children with emphasis on national name brands. As of June 2, 2025, the Company operated 429 stores in 35 states and Puerto Rico under its Shoe Carnival, Shoe Station and Rogan's store fronts and offers shopping at www.shoecarnival.com and www.shoestation.com. Headquartered in Fort Mill, SC, and with distribution and support operations located in Evansville, IN, Shoe Carnival, Inc. trades on The Nasdaq Stock Market LLC under the symbol SCVL. More News From Shoe Carnival, Inc.

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