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Versa Capital and Wet Seal’s Ed Thomas Complete Transition; Board Member and Retail Veteran Melanie B. Cox Named CEO

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FOOTHILL RANCH, Calif.--(BUSINESS WIRE)--The Wet Seal, LLC (“Wet Seal”, “the Company”), a portfolio company of Versa Capital Management, LLC (“Versa”), announced today that it has named veteran retailer and current Wet Seal board member Melanie B. Cox as Chief Executive Officer of the fast fashion retailer of apparel, footwear, and accessories for young women. Cox succeeds Ed Thomas, who led Wet Seal through an extensive restructuring and transformation over the past year. Cox and Thomas have w

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