Content about Chief financial officer

May 17, 2013
Brixmor names former Kimco COO as new president/CFO

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's CFO takes on added role of COO

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 3, 2013
Dick’s Sporting Goods names new CFO

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 names CFO; eliminating COO position

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
Children's Place CFO adds COO title

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 announces departure of CFO, general counsel

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 11, 2013
Charming Charlie names CFO

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.  

February 26, 2013
BDO survey: Retail CFOs bullish about M&A, IPO activity in 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 13, 2013
BDO Survey: Retail CFOs project 3.2% increase in sales in 2013

Extended store hours Thanksgiving weekend promotions were the least successful holiday marketing tactics, according to a survey of retail CFOs by BDO USA.

Chicago -- Extended store hours Thanksgiving weekend promotions were the least successful holiday marketing tactics, according to a survey of retail CFOs by BDO USA. The also report found that, following uneven sales results in December and January, the executives are moderating their expectations for 2013, projecting a 3.2% increase in total store sales, down from last year’s expected 4.5% increase.

February 5, 2013
Panera Bread names CFO

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 names former Starbucks finance chief as CFO

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 30, 2013
Levin names VP, CFO

Levin Management Corp. said that Timothy G. DeCola has been named VP and CFO of the company, replacing the retired Harold Harris.

North Plainfield, N.J. -- Levin Management Corp. said that Timothy G. DeCola has been named VP and CFO of the company, replacing the retired Harold Harris.

DeCola joins Levin from Pettinaro Construction Co., where he served as CFO. He will be responsible for all aspects of corporate finance and risk management at Levin for company-owned and managed properties as well as for real estate tax and financing reviews.

 

January 22, 2013
Hot Topic CFO to resign

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 CFO to resign

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.

November 12, 2012
Best Buy hires former Willilams-Sonoma exec as CFO

Best Buy has hired Sharon McCollam, formerly CFO of Williams- Sonoma Inc., as CFO, beginning Dec. 10.

Minneapolis -- Best Buy has hired Sharon McCollam, formerly CFO of Williams- Sonoma Inc., as CFO, beginning Dec. 10.

McCollam, 50, had been COO and CFO at the home goods retailer before retiring. She also takes the title of chief administrative officer at Best Buy.

McCollam replaces James Muehlbauer, who said he was leaving in October. Muehlbauer will continue to advise the company until the end of the fiscal year in February.

 

October 26, 2012
GE Capital Survey finds retail CFOs worried about economy and healthcare costs

Nearly half (49%) of retail CFOs expect their capital expenditures will increase in the next 12 months, a 19-point uptick that leads all industries, and 29% expect to consider additional financing for expenditures, also leading all industries.

New York -- Nearly half (49%) of retail CFOs expect their capital expenditures will increase in the next 12 months, a 19-point uptick that leads all industries, and 29% expect to consider additional financing for expenditures, also leading all industries. according to GE Capital’s latest semi-annual “U.S. Mid-Market CFO Survey.” (Retail respondents have revenues of $150 million and an employee count of 1,235, on average. Data comparisons are against the GE Capital Mid-Market’s CFO Survey executed in first quarter 2012.

October 10, 2012
Best Buy CFO steps down

Best Buy Co. said that CFO James Muehlbauer has resigned the company.

Minneapolis -- Best Buy Co. said Tuesday that CFO James Muehlbauer has resigned the company. He will continue in an advisory capacity until Feb. 3.

The retailer said it has launched a search for a permanent replacement.

Muehlbauer’s resignation is the latest in a string of executive departures for Best Buy, and comes as founder and former chairman Richard Schulze mulls an offer to buy the company.

September 17, 2012
Eddie Bauer names former VF Outdoor CFO as new COO/CFO

Eddie Bauer LLC said it has named Daniel E. Templin as COO and CFO of the company.

Bellevue, Wash. -- Eddie Bauer LLC said Monday it has named Daniel E. Templin as COO and CFO of the company.

Templin was previously CFO for VF Outdoor, which includes brands such as The North Face, Vans, JanSport and Timberland.

Eddie Bauer also announced that current CFO Marv Toland will move into the newly created role of senior VP Direct with responsibility for the brand's e-commerce and catalog businesses.

 

September 5, 2012
The Pep Boys names CFO

The Pep Boys has named David Stern as executive VP, CFO, effective Sept. 10.

Philadelphia -- The Pep Boys has named David Stern as executive VP, CFO, effective Sept. 10.  He will oversee the finance function, as well as technology and corporate development.

Stern most recently served as executive VP, chief administrative officer and CFO for A.C. Moore Arts and Crafts. Prior to that, he held roles at Coldwater Creek.

July 17, 2012
Stater Bros. names CFO

Grocery chain Stater Bros. Markets said it has promoted David Harris to the position of senior VP finance, CFO and principal accounting officer.

San Bernardino, Calif. -- Grocery chain Stater Bros. Markets said Tuesday it has promoted David Harris to the position of senior VP finance, CFO and principal accounting officer.

Harris joined Stater Bros. in 2009 as VP finance. In June 2011, he was promoted to his most recent position of senior VP finance.

Harris reports to Jack H. Brown, chairman and CEO.
 

July 3, 2012
Francesca's taps Men’s Wearhouse CFO as new president

Francesca’s Holdings Corp. announced that it has appointed Men’s Wearhouse CFO Neill Davis to its newly created position of president.

Houston -- Francesca’s Holdings Corp. announced Monday that it has appointed Men’s Wearhouse CFO Neill Davis to its newly created position of president. Both companies are based in Houston.

Davis, a 15-year executive of Men’s Wearhouse, has been a board member of the apparel and accessories chain for the past five years. He will officially become Francesca’s president on Aug. 6.

June 11, 2012
Dunkin' Brands names global strategy officer and CFO

Dunkin' Brands Group said that it has named current CFO Neil Moses as its new chief global strategy officer, charged with driving the company's strategic initiatives.

Canton, Mass. -- Dunkin' Brands Group said Monday that it has named current CFO Neil Moses as its new chief global strategy officer, charged with driving the company's strategic initiatives.

Paul Carbone, formerly VP finance and strategy, is being promoted to CFO.
 

June 8, 2012
Hibbett names CFO

Hibbett Sports announced that Scott J. Bowman has joined the company as senior VP and CFO effective July 9.

Birmingham, Ala. -- Hibbett Sports announced that Scott J. Bowman has joined the company as senior VP and CFO effective July 9. He will replace Gary Smith, whose retirement is effective July 8, 2012.

Bowman was most recently division chief financial officer – Northern Division for The Home Depot, a position he has held since 2006.
 

May 30, 2012
Brown Shoe CFO resigns, successor named

Brown Shoe Co. said that CFO Mark Hood has resigned the company, effective June 11.

St. Louis -- Brown Shoe Co. said Wednesday that CFO Mark Hood has resigned the company, effective June 11. Russ Hammer has been named the successor.

“I’m confident [Hammer] will be able to make an immediate contribution across the company and to the work we’ve been completing in our portfolio realignment efforts,” said Diane Sullivan, president and CEO.

May 14, 2012
Francesca’s Holdings’ CFO fired in social media flap

Francesca's Holdings Corp. fired its CFO Gene Morphis after an internal investigation found that he had “improperly” communicated company information through social media.

Houston -- Francesca's Holdings Corp. fired its CFO Gene Morphis after an internal investigation found that he had “improperly” communicated company information through social media. The company said it began an investigation after discovering his activity on May 11.