[PML1] Playboy Enterprises, Inc. Announces Resignation of Linda Havard as Company's Chief Financial Officer

[Mister Coke]

 Playboy Enterprises, Inc. Announces Resignation of Linda Havard as
Company's Chief Financial Officer

   - *Press Release*
   - Source: Playboy Enterprises, Inc.
   - On 4:31 pm EST, Monday November 16, 2009

 CHICAGO, Nov. 16 /PRNewswire-FirstCall/ -- Playboy Enterprises, Inc. (NYSE:
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today announced Linda G. Havard's decision to step down as executive vice
president and chief financial officer effective December 31, 2009.

Chief Executive Officer Scott Flanders said: "I respect Linda's decision to
leave, although her oversight and strategic counsel will be greatly missed.
She has done an exceptional job over the past 12 years in managing the
company's financial, treasury, accounting and technology functions. Linda
has built a solid team, and she was responsible for overseeing, negotiating
and successfully completing a range of business initiatives including
acquisitions, the sale of assets, outsourcing of operations and public and
private equity and debt offerings."

Havard joined Playboy in 1997 from Atlantic Richfield Co. (ARCO) where she
served as vice president of corporate planning and most recently as senior
vice president in ARCO's Global Energy Ventures' international business
development division, which was created in part as a result of her planning
work. She began her career as a financial analyst with ARCO's treasury
department in 1982 and, over the course of the ensuing 15 years, rose to
increasingly responsible managerial and executive positions including head
of investor relations and divisional CFO.

"I have enjoyed my years at Playboy, but I am looking forward to new
challenges in the next stage of my career," Havard said. "I am proud of what
we have accomplished and wish everyone at the company continued success."

The company said that a search for a successor will begin immediately.
http://finance.yahoo.com/news/Playboy-Enterprises-Inc-prnews-1009219494.html/print?x=0
-- 
Mister Coke


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