Tile Shop Names Clayton CFO

Minneapolis, MN, July 31, 2012 -- The Tile Shop, a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, has named Timothy Clayton chief financial officer of Tile Shop Holdings, Inc.

The move becomes effective after the closing of the business combination between The Tile Shop and JWC Acquisition Corp., which is expected to occur in August.

Recently, Clayton has served as CFO for Sajan, Inc. a rapidly growing, publicly-traded, language translation services company. Previously, he served as the chief financial officer of ADESA, Inc., a $1.0 billion publicly-traded automotive services company.

The Tile Shop operates 61 stores in 20 states, with an average size of 23,000 square feet.