Brown Shoe Company, Inc. (NYSE:BWS) announced the election of Mahendra Gupta, Ph.D., to its board of directors and his appointment to the audit committee. Gupta has been dean of Olin Business School at Washington University in St. Louis, since July 2005. Prior to that time, he served on the Olin faculty and was named the Geraldine J. and Robert L. Virgil Professor of Accounting and Management. "Adding Dean Gupta to our board of directors gives us the benefit of his strong background in managerial accounting and strategic cost management," said Diane Sullivan, president and CEO of Brown Shoe Company. "In addition, his expertise in information technology, marketing management and strategy will also be of great value."

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