Stanley, prior to joining Retail Concepts, Inc. in 1988, he served as chief financial officer of Southpoint Porsche Audi WGW Ltd. from 1987 to 1988.

From 1985 to 1987, Stanley worked for KPMG Peat Marwick, holding the position of manager, Audit in 1987. Prior to KPMG Peat Marwick, he held several senior financial positions in oil service companies including chief financial officer of Design Research, Inc and Tiger Oilfield Rental Co., Inc.

Stanley holds a B.B.A. in Accounting from Texas A&M University and is a certified public accountant.

Frank Stanley’s years of financial knowledge and background will help the company navigate in these uncertain times. Mr. Stanley will serve on both the Audit and the Compensation Committees, said Krohn, chairman and chief executive officer.