Content about CFO

New York -- Sears Canada reported a net loss in its first quarter of C$31.2 million ($30.3 million) compared with a net profit of C$93.1 million, a year earlier amid weakened demand for major appliances and home products.

Revenue fell more than 6% to C$867.1 million. Same-store sales fell 2.6%.

The company also named E.J. Bird as CFO. Bird was appointed interim CFO in March, two months after Sharon Driscoll resigned from the post.

St. Petersburg. Fla. – HSN Inc. said Wednesday that it has appointed CFO Judy Schmeling to the additional role of COO, effective immediately. Schmeling has been serving as HSN's executive VP and CFO since 2001.

In her new role, Schmeling will be responsible for supply chain operations and customer care functions, in addition to providing ongoing leadership for finance and IT.

Pittsburgh -- Dick’s Sporting Goods has named Andre J. Hawaux as executive VP of finance and administration and CFO. He will oversee finance, legal, strategic planning and risk and compliance.

Hawaux has more than 30 years of experience as a retail/CPG executive, most recently as president of consumer foods at ConAgra Foods. He has also served in different executive roles in several divisions of PepsiCo.

Brisbane, Calif. -- Bebe stores announced that it has promoted Liyuan Woo to the position of CFO.
   
Woo will succeed Walter J. Parks, COO and CFO, who is departing the company effective May 3. The COO position will be eliminated and CEO Steve Birkhold will assume the COO responsibilities.
 

Secaucus, N.J. -- The Children's Place said Wednesday that current CFO Michael Scarpa has also been appointed COO, effective immediately.

Scarpa will continue to oversee finance, information technology, distribution, logistics and wholesale, and will add store operations, store development and international to his current responsibilities.

Prior to joining The Children's Place, Scarpa was COO and CFO of The Talbots.

Minneapolis -- Supervalu president and CEO Sam Duncan announced Wednesday some major changes to his executive leadership team.

CFO Sherry Smith will leave the company, effective May 30, and no replacement has yet been named. Smith is a 26-year veteran of the company and has served as EVP and CFO since December 2010.

General counsel Todd Sheldon will also leave the company, effective May 30, to be replaced by Karla Robertson, who has been named EVP for legal, effective immediately.

Houston -- Charming Charlie announced that Tom Fitzgerald has joined the company as EVP, chief administrative officer and CFO.

Tom most recently was the chief administrative officer of Sears Canada, where he was responsible for store operations, IT, merchandise planning and allocation, logistics, sourcing, and store innovation.

Prior to his role at Sears Canada, Tom held several leadership positions at Liz Claiborne, and Bath & Body Works.  

Houston -- Men’s Wearhouse announced Wednesday it has named Jon W. Kimmins as EVP and CFO, effective April 4.

Kimmins most recently was EVP – finance and operations at LF-USA, a division of Li & Fung Limited, a multi-billion dollar wholesaler of apparel, footwear and fashion accessories. Prior to that, he was EVP of Toys “R” Us, where he was responsible for worldwide corporate finance, raising billions in debt and equity financing transactions.
 

Chicago -- The retail industry is poised for another year of heavy deal flow. Nearly all retail CFOs (94%) expect merger and acquisition will increase or remain steady in 2013, according to a new survey from BDO USA.

The bullish forecasts follow $324.6 billion in global retail and consumer M&A activity in 2012, which was up 33% over 2011 and the busiest year since 2007, according to Dealogic. A majority of CFOs (68%) expect the U.S. markets to see a majority of deal volume, followed by the Asia-Pacific market (20%) and Latin America market (7%).

St. Louis -- Panera Bread Company announced that Roger C. Matthews, Jr., has been appointed Panera's EVP and CFO, effective March 18.

Matthews most recently served as managing director and sector head of the U.S. Restaurant Industry in Goldman Sachs' Investment Banking Division.

Pat Kelly, who has served as Panera's Interim CFO since April 2012, will remain in place until the end of March to ensure a smooth transition.

Pleasanton, Calif. -- Safeway Inc. announced Monday that it has named Peter J. Bocian as EVP and CFO, effective Feb. 19.

Bocian, who will report to Safeway president Robert Edwards, spent a year with Starbucks as the coffee purveyor’s CFO and chief administrative officer. Most recently, he was head of real estate finance for JP Morgan Chase.

City of Industry, Calif. -- Hot Topic announced that its chief financial officer, Jim McGinty, has resigned, effective March 29. The company said that George Wehlitz, VP finance will serve as interim CFO.

McGinty had worked for Hot Topic Inc. for the past 12 years. His resignation is effective March 29.

Wehlitz became VP finance at Hot Topic in 2008. He previously served as CFO at motorcycle clothing and accessories company Cycle Gear Inc.