Talbots Names New Chairman of the Board
Hingham, Mass. Talbots Inc. said Thursday that it named Tsutomu Kajita, who has been a company director since 2005, as non-executive chairman of the board.
Kajita is an executive at Aeon Co., Talbots’ majority shareholder.
Talbots also named Gary Pfeiffer, who’s been an independent director at Talbots since 2004, as an independent lead director of the board, a newly established position.
Abercrombie CFO Jumps to Kellwood
New York City Michael W. Kramer, CFO of Abercrombie & Fitch, is leaving to take the top post at apparel maker Kellwood Co., according to the companies.
Kramer, 43, will become president and chief executive as of Aug. 18 at Kellwood, whose brands include Baby Phat and Sag Harbor. He replaces Robert C. Skinner Jr., who had been chairman, president and CEO and who will resign from Kellwood to pursue other interests.
Chesterfield, Mo.-based Kellwood was taken private by Sun Capital Securities Group LLC in a deal that closed in February.
Kramer joined Abercrombie & Fitch as CFO in 2005. Before that, he was CFO, Apple retail.
Duckwall-ALCO Names New COO
Abilene, Kan. Duckwall-ALCO Stores announced Thursday that Jane Gilmartin has joined the company as executive VP and COO.
Gilmartin comes to Duckwall-ALCO Stores with nearly 30 years of retail experience. She has served in senior leadership roles with companies such as Bed Bath & Beyond, Linens ’n Things, and Ross Stores, Inc.