Christopher & Banks has promoted Peter G. Michielutti to EVP, COO and CFO, just a day after the company named former National Stores executive Lynn C. Derry as SVP and general merchandise manager.
The move is part of the company’s growth strategy.
Michielutti will be responsible for the company’s finance, accounting, internal audit, investor relations, real estate, tax, risk management, information technology and supply chain and logistics functions. He joined the company in April 2012 as SVP and CFO.
“Pete is a talented executive with a strong finance, operational and retail background, and has been an integral part of the company’s financial turnaround,” president and CEO LuAnn Via said. “His promotion is a reflection of the leadership and valuable contributions he has made since joining the company in April 2012 as SVP and CFO. I look forward to working with Pete in his expanded role, as we continue to execute on our three-year growth plan.”
Christopher & Banks Corporation is a Minneapolis-based specialty retailer of women’s clothing. As of August 1, 2014, the Company operates 542 stores in 43 states consisting of 250 Christopher & Banks stores, 118 stores in its women’s plus size clothing division CJ Banks, 135 MPW stores and 39 outlet stores. The Company also operates the www.ChristopherandBanks.com and www.CJBanks.com e-commerce websites.
Keywords: Christopher & Banks, CJ Banks, Women’s Clothing, Plus Size Clothing, Petites, Extended Sizes, Outfits.