Content about CFO

May 17, 2013

New York -- Brixmor Property Group has appointed Michael V. Pappagallo as president and CFO, effective May 20.

Pappagallo will play an integral role in the execution of Brixmor's long-term business and capital markets strategy.  In addition, he will lead the company's finance and accounting teams, as well as have functional oversight of its property operations, information technology, acquisitions/dispositions and investor relations efforts.

May 15, 2013

HSN Inc. said that it has appointed CFO Judy Schmeling to the additional role of COO, effective immediately.

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.

May 7, 2013

Store Development and Facilities

Store development and facilities professionals from some of the nation's biggest retail and restaurant chains gathered in Dallas to attend Chain Store Age's 49th annual SPECS Conference, at the Hilton Anatole Hotel. The event attracted professionals involved in the design, planning, and construction of stores and restaurants, along with those in facilities management.

May 3, 2013

Dick’s Sporting Goods has named Andre J. Hawaux as executive VP of finance and administration and CFO.

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.

 

May 3, 2013

Dick’s Sporting Goods has named Andre J. Hawaux as executive VP of finance and administration and CFO.

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.

 

April 30, 2013

Bebe stores announced that it has promoted Liyuan Woo to the position of CFO.

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.
 

April 30, 2013

Bebe stores announced that it has promoted Liyuan Woo to the position of CFO.

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.
 

April 24, 2013

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

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.

 

April 24, 2013

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

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.

 

April 3, 2013

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

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.

March 15, 2013

Edwin Watts Golf has grown significantly during the past several years, expanding its store portfolio and direct mail and Internet businesses as well. With growth came an increased complexity that taxed the capabilities of its aging legacy systems, which did not provide visibility across channels and among stores. The retailer decided it was time to invest in a new solution due to the age and fragmentation of its existing systems.

March 11, 2013

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

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.  

March 11, 2013

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

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.  

March 6, 2013

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

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.
 

March 6, 2013

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

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.
 

February 26, 2013

The retail industry is poised for another year of heavy deal flow.

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%).

February 8, 2013

Everybody loves a turnaround story. RadioShack is betting that the now-former president of daily living products and solutions for Walgreens, Joe Magnacca, will help author a turnaround story of its own for the small-box consumer electronics retailer.

Everybody loves a turnaround story. RadioShack is betting that the now-former president of daily living products and solutions for Walgreens, Joe Magnacca, will help author a turnaround story of its own for the small-box consumer electronics retailer.

February 5, 2013

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

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.

 

February 5, 2013

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

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.

 

February 4, 2013

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

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.

 

February 4, 2013

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

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.

 

January 22, 2013

Hot Topic announced that its chief financial officer, Jim McGinty, has resigned, effective March 29.

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.

January 22, 2013

Hot Topic announced that its chief financial officer, Jim McGinty, has resigned, effective March 29.

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.

January 10, 2013

Gymboree Corp. has hired a second senior-level Gap Inc. executive, naming Gap North America finance VP Evan Price as its new CFO.

San Francisco -- Gymboree Corp. has hired a second senior-level Gap Inc. executive, naming Gap North America finance VP Evan Price as its new CFO.

Price, who also served as VP of Old Navy, will take over Gymboree’s top finance slot on Jan. 21, joining new CEO Mark Breitbard, former Gap North American division president.

 

December 27, 2012

Ever since the financial crisis, consumer confidence has labored to regain strength, and spending has been correspondingly subpar. So it’s not surprising that retailers have been extremely reluctant to make big capital outlays. But now there are signs that consumers are loosening their purse strings and, as they do, momentum is building among retailers to renew capital spending on certain projects.