CHRISTOPHER Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(c)Appointment of Interim Chief Financial Officer. Effective July 14, 2017, the Board of Directors elected Marc A. Ungerman, Christopher & Banks Corporation's Vice President, Controller, as the Interim Chief Financial Officer of the Company. In connection with this election, the Company designated Mr. Ungerman as its acting principal accounting officer and its acting principal financial officer.

Mr. Ungerman, 43, has been Vice President, Controller since joining the Company in November 2015. Mr. Ungerman was Assistant Controller at SUPERVALU INC. from June 2013 to November 2015. Prior to that, Mr. Ungerman was at Best Buy Co., Inc., where he held a variety of financial positions from August 2005 to June 2013. Prior to Best Buy, he held positions at Pentair, Inc., and Deloitte Touche LLP. There are no arrangements or understandings between Mr. Ungerman and any other person to which Mr. Ungerman was selected as Interim Chief Financial Officer. Mr. Ungerman does not have a direct or indirect material interest in any currently proposed transaction to which the Company is to be a party, nor has Mr. Ungerman had a direct or indirect material interest in any such transaction since the beginning of the Company's last fiscal year. No family relationship exists between Mr. Ungerman and any of the Company's other executive officers or directors.

About CHRISTOPHER & BANKS CORPORATION (NYSE:CBK)

Christopher & Banks Corporation is a national specialty retailer featuring private-brand women’s apparel and accessories. The Company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women’s apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite and women sizes. The Company also offers a selection of jewelry and accessories, including footwear. The Company operates in the Retail Operations segment, which includes the operation of its retail stores, outlet stores, online and mobile. The Retail Operations segment includes activities generated by the Company’s retail store locations (Missy Petite Women (MPW), Outlet stores, Christopher & Banks (CB), and C.J. Banks (CJ)), as well as the e-commerce business. Its merchandise is developed for women of all sizes, age 40 and older.