Five Below Hires Merchandising EVP

Five Below has appointed Michael Romanko as executive vice president of merchandising to oversee all aspects of the value retailer's merchandising strategy and operations including product development.

Romanko brings more than 30 years of retail industry experience, most recently as chief design officer with Patriarch Partners where he was responsible for merchandise line building, sourcing and design for 75 businesses. He has extensive experience in merchandising, product development and design, having held several executive positions with national retailers including Macy's, Toys 'R' Us, Linens 'n Things and Fortunoff.

"As we continue to grow and expand the business, it was important for us to find someone with the right creative vision and expertise to lead our merchandising efforts," says Tom Vellios, co-founder and chief executive officer, Five Below. "A retail industry veteran, Michael is a proven merchant with extensive experience in all aspects of merchandising, product development, branding and sourcing."