Friedman’s makes changes to senior leadership team and board

Friedman’s Inc., Savannah, Ga., made more changes to its senior management team and board of directors, the company said in a statement.

Jamie King has been elected to the board of directors and will serve as audit committee chairman. Eric Kovats has joined Friedman’s as executive vice president of stores. These additions are the latest in a series of changes that began in early May of this year when the company revamped its board and continued in June with the addition of a new CEO and a new chief administrative officer. Also, Steve Lang, Friedman’s senior vice president of merchandising, has resigned to pursue other opportunities.

Since 1988, King has served as chairman and CEO of Crowe Manufacturing Services in Dayton, Ohio. Prior to joining Crowe, she spent eight years with Ernst & Young’s audit practice. She currently serves on the board of trustees and the board of directors of the Dayton Development Coalition.

Eric Kovats is a retail management professional with more than thirty years of experience in the industry. His most recent position was regional vice president of Jo-Ann Stores, Inc. Prior to Jo-Ann Stores, he was with Service Merchandise for more than twenty-five years, ultimately working his way up to senior vice president of the stores sales organization.

“I came to Friedman’s with a clear understanding of what needs to happen to get this company on an aggressive path to success,” said Sam Cusano, recently named CEO of Friedman’s. “We are moving quickly to put together a talented leadership team whose skill sets match the needs of the company.”

Founded in 1920, Friedman’s Inc. is a specialty retailer operating fine jewelry stores located in power strip centers and regional malls.