Teen retailer The Wet Seal has appointed Lynda Davey as chairman following the resignation of Hal Kahn and three other directors.

Davey joins Dorrit Bern, Mindy Meads and John Mills, who were appointed directors last week, replacing Jonathan Duskin, Sidney Horn and Henry Winterstern and Kahn.

Davey said the team have the "qualifications necessary to put Wet Seal on the path to recovery".

She has previously served as chairman and CEO of investment bank Avalon Group and worked at merchant bank Tribeca Corp and Salomon Brothers.

Most recently, Bern served as CEO and president of plus-size apparel specialist Charming Shoppes, which was acquired by women's wear retailer Ascena Retail Group earlier this year. Meads and Mills have both worked at teen retailer Aeropostale. Meads has also held positions at Lands' End and children's clothing business Gymboree.

Meads has been appointed chairman of the Nominating and Governance Committee while Bern has been named chairman of the Compensation Committee. Ken Reiss, who was among the continuing Wet Seal directors, will serve as chairman of the Audit Committee.