Francesca's Holdings Corporation announced that it expects that Michael Prendergast will be appointed as interim Chief Executive Officer subject to the finalization of an agreement with Alvarez & Marsal. Mr. Prendergast will replace Steve Lawrence who has resigned from the Company to pursue other opportunities, effective February 1, 2019. Mr. Prendergast is a Senior Director in Alvarez & Marsal’s Private Equity Performance Improvement Retail practice. He brings over 20 years of leadership experience from the fashion and consumer products industries.