Pennsylvania-based discount retailer Five Below Inc. disclosed in a March 6 SEC filing that Dinesh Lathi was elected as a class III director, effective March 5, increasing the company's board to 10 members from nine.
The term for the new board seat expires at the annual shareholders' meeting June 19, but Lathi is expected be nominated for re-election at that time.
Lathi is board chairman at Texas-based men's apparel chain operator Tailored Brands Inc. He previously served as CEO of online home decor shopping platform One Kings Lane and is also a former vice president of eBay Inc.
