Guess & Co. Corporation Names Stephen Baldacci Chief Corporate Officer and Group President of Operations

Durham, North Carolina, Dec. 12, 2017 (GLOBE NEWSWIRE) -- Guess & Co. Corporation a global diversified development and infrastructure company based in Durham, North Carolina, is pleased to announce that Stephen Baldacci has been named Senior Executive Vice-President, Chief Corporate Officer and Group President, Operations. Stephen Baldacci is a seasoned corporate executive. Mr. Baldacci served as President and Chief Marketing Officer for The Washington Redskins, a professional team in the National Football League. In that role, he was responsible for reviving a legendary brand and he succeeded in making it one of the most valuable franchises in the league. He was an equity partner and Chief Marketing Officer for Snyder Communications, an advertising firm, where he helped successfully grow the company from $4 million in annual revenue to over $1.4 billion, and facilitated the firm's eventual sale. As founder and CEO of Baldacci Communications/BC Worldwide, Mr. Baldacci provided consulting, marketing and post-merger integration management to many clients including AMTRAK, GEICO, Apogen Technologies and Virginia Tourism. Mr. Baldacci earned a Bachelor's degree in Political Science and a Bachelor's degree in English Literature from Hartwick College and participated in graduate studies at Georgetown University. He joined Guess & Co. Corporation initially as Interim Executive Vice-President and Marketing Officer. As Senior Executive Vice-President, Chief Corporate Officer and Group President, Operations, Mr. Baldacci works with the Chief Executive Officer and other members of senior executive management to develop and oversee corporate strategy, marketing and day to day operations of business units.

About Guess & Co. Corporation

Guess & Co. Corporation is a global diversified development and infrastructure company with four primary business units which are the luxury group, the industrial group, the health care group and the real estate group. We are based in Durham, North Carolina and conduct business in the United States and abroad. Most of our businesses are built organically, and we pursue acquisitions of existing companies that will create value for our customers, employees and shareholders. For more information, visit www.guessandco.com.

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Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/28d92468-09f4-4517-b8fd-d5c9dbbb1ae9