Content about chief financial officer

July 21, 2014

Dirk Montgomery, executive VP and CFO of Ascena Retail Group Inc. since January 2013, has accepted a position with a healthcare-related company based in Florida.

July 1, 2014

Chain Store Age recently spoke with Alison Paul, vice chairman, Deloitte LLP and retail and distribution leader, about the expanding role of the CFO in retail organizations:

June 30, 2014

Tile Shop Holdings announced the appointment of Kirk Geadelmann as its new CFO.

June 27, 2014

Chico's FAS announced that it has appointed Todd E. Vogensen as senior VP, CFO, replacing Pamela Knous, who has left the organization to pursue other interests.

June 24, 2014

More strategic. That’s how Greg Esgar, CFO of Massage Envy Spa, the nation’s largest therapeutic massage chain, sums up the evolving role of today’s CFO. Esgar joined the Scottsdale, Arizona-based business as financial chief in 2004, two years after it was founded. As part of the executive team, he helped spur the company’s growth from 17 locations to its present total of nearly 1,000 sites in 49 states. With its membership-based, monthly-fee business model, Massage Envy Spa eschews the luxury amenities and high prices of traditional day spas.

June 24, 2014

Simon Property Group has announced that Andrew Juster, a 25-year Simon veteran, will move up to the post of CFO in early 2015, succeeding retiring CFO Stephen E. Sterrett.

June 24, 2014

As the key cog in the wheel of a retail chain’s financial structure, today’s retail CFOs find themselves caught in the crosshairs of senior management and stakeholders demanding maximum profit and measurable growth amid increased consolidation and tightened revenues.

But that’s nothing new. Financial chiefs have always had to balance profit and loss with expansion strategies. What has changed is that a whole host of added responsibilities has now entered the mix.

June 9, 2014

Mattress Firm Holding Corp. announced the promotion of Alex Weiss to executive VP and CFO of the company, effective July 30, 2014, the beginning of the retailer’s third fiscal quarter. He succeeds Jim Black who transitions into the role of senior corporate advisor to Mattress Firm through the end of the current fiscal year.

June 9, 2014

Vanessa Wittman, senior VP and CFO of Motorola Mobility, a subsidiary of Google, has been appointed the Ulta Beauty board of directors and as a member of its audit committee, effective June 5, 2014, following her election at the company’s annual shareholder meeting. Wittman joins the Ulta Beauty board with more than 25 years of experience in finance and technology.

June 2, 2014

99 Cents Only Stores named Christopher Laurence as the company's interim CFO, treasurer and secretary.

May 29, 2014

Teen retailer Delia’s announced that its CFO, David Dick, has resigned.

April 28, 2014

Petco has named Larry Rutkowski as executive VP and CFO.

March 31, 2014

Kevin Davidson has joined merchandising intelligence solutions provider Quantum Retail Technology Inc. as its CFO. Davidson brings more than 20 years of financial management and corporate development experience to Quantum and will report to CEO Steve Buege.

March 10, 2014

Mobile and online sales will continue to drive growth for retailers in 2014.

March 7, 2014

Big Lots Inc. has promoted Timothy A. Johnson to executive VP, CFO. Johnson has served as CFO since 2012 with primary responsibility for all financial disciplines within the company including financial reporting and controls, treasury, risk management, tax, internal audit, financial planning and analysis, and investor relations.

February 27, 2014

An overwhelming majority of retail CFOs (96%) expect merger & acquisition (M&A) activity to increase or remain consistent with 2013 levels during 2014.

February 26, 2014

Bed Bath & Beyond has appointed Eugene A. Castagna, previously CFO and treasurer, to the role of COO. Susan E. Lattmann, formerly VP of finance, will fill the CFO and treasurer spot.

February 13, 2014

J. C. Penney Company, Inc. has named Ed Record executive VP and CFO, effective March 24. He will succeed Ken Hannah, who will remain CFO through that date to ensure a smooth transition.

February 11, 2014

Retail CFOs are feeling more confident about the state of the consumer, forecast a 5.1% increase in total sales and a 4.8% increase in same-store sales this year, according to a new BDO USA survey.

February 10, 2014

Michael Culhane, CFO of Hudson’s Bay Company, has resigned following a leave of absence from the company.

February 4, 2014

John J. Mulligan, CFO and executive VP of Target, is publicly calling for U.S. businesses to adopt chip-enabled smartcards.

January 31, 2014

Abercrombie & Fitch Co. has promoted Jonathan E. Ramsden, currently the company's executive VP and CFO, to the position of COO, a new role at the company.

January 31, 2014

Dennis Hernreich, executive VP, COO and CFO of Destination XL Group Inc., has resigned to pursue new challenges and board member John E. Kyees has been named interim CFO.

January 17, 2014

A new survey by KPMG Capital reveal a stark disconnect between C-suite executives who realize the value of big data, but are unsure of how to effectively implement and manage their existing resource.

© 2014