Platt Resigns as Whitehall Director
By JCK Online Staff -- JCK Online, June 19, 2008
Daniel Platt resigned as a director of Whitehall Jewelers, Inc., a wholly owned subsidiary of Whitehall Jewelers Holdings, Inc., effective June 10. Platt served on the Whitehall board for just over two months.
The Chicago-based jewelry retail chain revealed Platt’s resignation during an 8-K filing June 16 with the Securities and Exchange Commission.
The company did not give a reason for the resignation. It said in its filing that his resignation “is not due to any disagreement with the company or any matter relating to the company's operations, policies or practices.”
Platt joined the Whitehall board as a director on April 2. He replaced Charles Philips.
Platt has been employed by Prentice Capital Management, LP since May 2006. He is co-head of Special Investments at Prentice. His responsibilities at Prentice include sourcing acquisition targets, structuring debt and equity for acquisitions, debt underwriting, and joint oversight of Prentice Capital's portfolio companies.
Prentice Capital Management along with the Holtzman Opportunity Fund, L.P. acquired Whitehall in February, 2006.
Platt also sits on the boards of directors of other Prentice portfolio companies, including Ascendia Brands, Inc., a consumer products company.
Prior to joining Prentice, he was employed as a managing director by the Consumer & Retail Division of Banc of America Securities LLC, where his responsibilities included originating new business, structuring transactions, leading underwritings, and portfolio management. Prior to joining Banc of America in 1999, he held various positions with May Department Stores.
