Tag Archives: Chief Financial Officer

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Shopify Inc. announces the appointment of Amy Shapero as Chief Financial Officer

Ottawa, Canada, 2018-Mar-07 — /EPR Retail News/ — Shopify Inc. (NYSE:SHOP)(TSX:SHOP), the leading cloud-based, multi-channel commerce platform, today (Mar 5, 2018) announced the appointment of Amy Shapero as Chief Financial Officer, effective April 2, 2018.

Shapero joins Shopify from Betterment, an online wealth-management service, where she has served as Chief Financial Officer since 2016. Previously, Shapero was Chief Financial Officer at Sailthru, a SaaS marketing technology provider, and Senior Vice President of Strategy, Corporate Development and Corporate Communications at DigitalGlobe, a big data and analytics provider. Prior to that, she held Chief Financial Officer roles at Spot Holdings, a financial services company, and Standard & Poor’s, a business unit of The McGraw-Hill Companies.

Shapero began her career as a CPA at Ernst & Young, followed by positions at Credit Suisse and Credit Suisse and Goldman Sachs. She holds a Bachelor of Science from the University of Illinois and a Master of Business Administration from the University of Chicago Booth School of Business.

“We’re excited to welcome Amy to Shopify as our new CFO,” said Shopify CEO, Tobi Lütke. “Amy brings extensive financial, operational, and strategic experience. This, combined with her deep knowledge of the technology industry and experience scaling high-growth companies, will be a huge asset to Shopify as we enter our next phase of growth and further our mission to make commerce better for everyone.”

Shapero will succeed Russ Jones, who has served as Shopify’s Chief Financial Officer since 2011. Jones will remain a strategic advisor to the company during a transition period.

“Russ was Shopify’s first CFO, and now he’s our first official retiree. He leaves behind an incredible legacy at Shopify, which includes taking us public. In the last seven years, Russ has been instrumental in growing Shopify from a 50 person company to a leading public SaaS company with over 3,000 employees. We’re very grateful to Russ for his valuable contributions and wish him all the best as he begins his well-deserved retirement,” said Lütke.

Shopify is also pleased to announce the recent addition of Jeff Weiser as Chief Marketing Officer. Prior to joining Shopify, Weiser served as Chief Marketing Officer at Shutterstock (NYSE), held multiple senior level positions with Beachbody (P90X and Shakeology), and performed strategy and analytics roles at SGN (Social Gaming Network), MySpace and Yahoo!. Weiser holds a Bachelors of Arts in English from Yale University and a Master of Business Administration from Columbia Business School.

Craig Miller, Shopify’s former Chief Marketing Officer, will now focus exclusively on his role as Chief Product Officer.

About Shopify

Shopify is the leading cloud-based, multi-channel commerce platform. Merchants can use the software to design, set up, and manage their stores across multiple sales channels, including web, mobile, social media, marketplaces, brick-and-mortar locations, and pop-up shops. The platform also provides merchants with a powerful back-office and a single view of their business. The Shopify platform was engineered for reliability and scale, making enterprise-level technology available to businesses of all sizes. Shopify currently powers over 600,000 businesses in approximately 175 countries and is trusted by brands such as Nestle, Red Bull, Rebecca Minkoff, and Kylie Cosmetics.

Forward-looking Statements

This press release contains certain forward-looking statements within the meaning of applicable securities laws, including statements regarding Shopify’s appointment of its new Chief Financial Officer. Words such as “expects”, “anticipates”, “will”, and “intends” or similar expressions are intended to identify forward-looking statements. The forward-looking statements contained in this news release represent Shopify’s expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. Shopify undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

Press Inquiries:
press@shopify.com

SOURCE: Shopify

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Sequential Brands Group announces the appointment of Peter Lops as Chief Financial Officer

Viacom Executive to Join Company’s Management Team

NEW YORK, 2018-Mar-02 — /EPR Retail News/ — Sequential Brands Group, Inc. (“Sequential” or the “Company”) (NASDAQ:SQBG) today (Feb 28, 2018) announced the appointment of Peter Lops as Chief Financial Officer. Mr. Lops joins Sequential from Viacom Media Networks where he served as the Chief Financial Officer and Chief Operating Officer for the Distribution and Business Development division.

In this position, Mr. Lops will be responsible for the Company’s financial operations. He assumes the role from President and Interim CFO Andrew Cooperwho will continue to serve as President.

In announcing the appointment, CEO Karen Murray stated, “Peter has a robust skill set, including extensive public company experience in finance and operations. His background as well as his deep understanding of the licensing business, make him a great addition to the team. We’re thrilled to have him join us.”

Mr. Lops brings with him 20 years of financial and operational experience in the licensing business. In his most recent role at Viacom, he was an integral part of the leadership team that delivered industry leading double-digit growth for nine consecutive years. Prior to that, he served as Senior Vice President of Financial Planning and Analysis of Viacom Media Networks. Before joining Viacom, Mr. Lops was Vice President of Finance for Fox Television Stations, Inc. For nine years, he held financial roles at the National Football League serving as Vice President of Financial Planning and Analysis, Finance Director and Controller. Early in his career, he worked at Andersen LLP, where he led the IPO of Martha Stewart Living Omnimedia.

About Sequential Brands Group

Sequential Brands Group, Inc. (Nasdaq:SQBG) owns, promotes, markets, and licenses a portfolio of consumer brands in the active, home and fashion categories. Sequential seeks to ensure that its brands continue to thrive and grow by employing strong brand management, design, and marketing teams. Sequential has licensed and intends to license its brands in a variety of consumer categories to retailers, wholesalers, and distributors in the United States and around the world.

For more information, please visit Sequential’s website at: www.sequentialbrandsgroup.com. To inquire about licensing opportunities, please email: newbusiness@sbg-ny.com.

Investor Relations & Media Contact:

Katherine Nash
knash@sbg-ny.com
(512) 757-2566

Source: Sequential Brands Group, Inc./globenewswire

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Sonic promotes Claudia S. San Pedro to president and Corey R. Horsch to chief financial officer

Sonic promotes Claudia S. San Pedro to president and Corey R. Horsch to chief financial officer

 

Treasurer elected to chief financial officer and hotel veteran elected to board of directors

OKLAHOMA CITY, 2018-Feb-06 — /EPR Retail News/ — Sonic Corp. (NASDAQ: SONC), the nation’s largest chain of drive-in restaurants, today (Feb 2, 2018) announced promotions of Claudia S. San Pedro to president and Corey R. Horsch to chief financial officer. Shareholders also elected S. Kirk Kinsell to the board of directors.

Ms. San Pedro most recently served the company as executive vice president and chief financial officer. A twelve-year veteran of Sonic, Ms. San Pedro joined the company as treasurer and was subsequently promoted to vice president of investor relations. Appointed chief financial officer in 2015, she led all financial strategies for the company and planning practices, as well as the brand’s relationship with lending institutions, shareholders, and the financial community. In her new role, Ms. San Pedro’s responsibilities include franchisee relations, supply chain, franchise sales and development, and business planning. She will provide oversight of the finance function as well.

Filling Ms. San Pedro’s vacated role of chief financial officer is Corey Horsch. Mr. Horsch joined Sonic as vice president of investor relations and treasurer in 2015. In his new role, he is responsible for all financial planning, internal audit, accounting and tax, while maintaining leadership for the investor relations and treasury functions.

Newly elected to the board is Kirk Kinsell for a three-year term. Mr. Kinsell is a seasoned hospitality executive with more than 30 years of operational, franchising and management experience in the hotel sector who currently serves as principal partner of Panther Ridge Partners, LLC, an investment and advisory company focused on the hospitality sector. He previously served as president and CEO of Loews Hotels and Resorts.

“I am delighted to promote Claudia to president and Corey to chief financial officer,” said Cliff Hudson, Sonic Corp. CEO. “Claudia’s focus on building relationships, business acumen and strategic mindset position the company well for future growth. Claudia is a highly skilled leader with an eye for developing talent, as evidenced by our ability to seamlessly transition Corey into the CFO role. Her readiness for this new role has been evidenced by the leadership she has shown to date, and I welcome her executive partnership.

“Additionally, we are excited to welcome Kirk as a new independent director to our board. His executive experience in the hospitality industry nicely complements the breadth of experience on our board.”

Existing directors re-elected to the Sonic Corp. board are Steven A. Davis and Kate S. Lavelle. Continuing director Jeffrey H. Schutz was elected by his peers to serve as lead independent director. Other continuing board members are Tony D. Bartel, R. Neal Black, Lauren R. Hobart, Federico R. Peña, Susan E. Thronson, Kathryn L. Taylorand Cliff Hudson. Retiring from the board are long-standing directors J. Larry Nichols, who served on the board for 11 years, and Frank E. Richardson, who served on the board since 1991.

“We greatly appreciate Larry’s and Frank’s many years of service to Sonic as stewards of our shareholders’ interests,” continued Mr. Hudson. “They both provided outstanding leadership during their tenures as Board members and especially during their tenures as lead independent directors.”

About SONIC, America’s Drive-In

SONIC, America’s Drive-In is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. Nearly 94 percent of SONIC’s 3,500 drive-in locations are owned and operated by local business men and women. For 65 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC’s Limeades for Learning philanthropic campaign in partnership with DonorsChoose.org, SONIC has donated $9.5 million to public school teachers nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in their students. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn more about SONIC’s Limeades for Learning initiative, please visit LimeadesforLearning.com.

Contact:
Christi Woodworth 4
405-225-5600
Vice President of Public Relations

Source: Sonic Corp.

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Matthieu Malige appointed Chief Financial Officer of Groupe Carrefour

Boulogne-Billancourt‎, France, 2017-Oct-17 — /EPR Retail News/ — Matthieu Malige is appointed, effective today (10/16/2017), Chief Financial Officer of Groupe Carrefour. He succeeds Pierre Jean Sivignon, who, faced with personal difficulties, has asked Chairman and Chief Executive Officer Alexandre Bompard to relieve him of his duties.

While regretting this decision, Alexandre Bompard understands it and commends Pierre Jean Sivignon’s sense of responsibilities. He has asked him to remain by his side as advisor to the CEO, which Pierre Jean Sivignon has accepted.

Matthieu Malige, who knows Carrefour very well after having worked there in the past, will be in charge of the Finance function at group level and will be closely associated with the strategic reflections on its development.

Matthieu Malige is appointed Chief Financial Officer of Carrefour Group. Previously, he served as CFO of Fnac Darty and was  CFO of Fnac prior to the 2016 acquisition of Darty. Matthieu Malige started his career at Lazard Frères. From 2003 to 2011, he held different positions within Carrefour Group:  Director of Strategy and Development, CFO of Carrefour Belgium and CFO of Carrefour France.  He is a graduate of HEC and the Ecole des Travaux Publics and holds a Master of Science Degree from UCLA.

For all request about the Carrefour Group (sales, financial results, governance, international,…), please contact the Carrefour Group media relations office:

. By phone:

Switchboard: +33 (0)1 41 04 26 00

For journalists: +33 (0)1 41 04 26 17

. By e-mail: presse_groupe@

Source: Carrefour Group

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British Land announces departure of Chief Financial Officer Lucinda Bell

London, 2017-Oct-05 — /EPR Retail News/ — British Land announces that Lucinda Bell, Chief Financial Officer, has informed the Board of her intention to stand down from the Board and leave the Company on 4 April 2018. Lucinda was appointed to the Board in March 2011, becoming Chief Financial Officer in May 2011. The Company will now commence a search for a successor and will make an announcement in due course.

Chris Grigg, Chief Executive, said: “We wish Lucinda well for the future and thank her for her significant contribution to the Company over her time at British Land. As CFO she has been instrumental in strengthening the balance sheet and reorganising our finances so we have a strong platform for the future. I am pleased that she will continue to play an active role as we prepare an orderly handover to her successor.”

Lucinda Bell said: “After a long career with British Land including the last six years as CFO, I have decided to step down and leave next year. It has been a privilege and a pleasure to contribute to the success of British Land as it has transitioned into a modern, strategically focussed REIT. I’ve thoroughly enjoyed working for such an exceptional company and with so many talented people”.

Enquiries:
Investor Relations:
Cressida Curtis
British Land
020 7467 2938

Media:
Pip Wood
British Land
020 7467 2838

Guy Lamming
Finsbury
020 7251 3801

Gordon Simpson
Finsbury

Source: British Land

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ScanSource names Gerald (Gerry) Lyons as Executive Vice President and Chief Financial Officer

Greenville, SC, 2017-Aug-28 — /EPR Retail News/ — ScanSource, Inc. (NASDAQ: SCSC), a leading global provider of technology products and solutions, is pleased to announce the appointment of Gerald (Gerry) Lyons as Executive Vice President and Chief Financial Officer effective August 23, 2017.  Since November 2016, Lyons has served as ScanSource’s Senior Vice President and Interim Chief Financial Officer with responsibility for leading ScanSource’s worldwide finance teams.

“We are excited to have Gerry take on the CFO role after successfully serving as interim CFO for the past nine months,” said Mike Baur, Chief Executive Officer, ScanSource, Inc.  “Gerry’s proven leadership and deep knowledge of ScanSource will serve ScanSource well as we continue to grow our business and deliver profitable growth.”

“I am extremely excited and humbled to have the opportunity to head our financial teams and be part of such a strong and capable leadership team,” said Lyons.

Lyons joined ScanSource in 2007 and has worked in several financial management roles, including Principal Accounting Officer, Corporate Controller, and Vice President, Financial Business Systems, where he was actively involved in the implementation, management, and oversight of ScanSource’s financial systems and processes.  Prior to joining ScanSource, Lyons served as the Plant Controller, Global Group Controller, and Plant Manager for Moen Incorporated.  He holds a Masters of Business Administration degree from Cleveland State University and Bachelor of Science in Financial Management from Clemson University.

For more information about ScanSource, please visit www.scansource.com.

About ScanSource, Inc.

ScanSource, Inc. (NASDAQ: SCSC) is a leading global provider of technology products and solutions, focusing on point-of-sale (POS), barcode, physical security, video, voice, data networking and technology services. ScanSource’s teams provide value-added solutions and operate from two segments, Worldwide Barcode, Networking & Security and Worldwide Communications & Services. ScanSource is committed to helping its customers choose, configure and deliver the industry’s best solutions across almost every vertical market in North America, Latin America and Europe. In August 2016, ScanSource entered the recurring revenue telecom and cloud services market through its acquisition of Intelisys, the industry’s leading technology services distributor. Founded in 1992, the Company is headquartered in Greenville, South Carolina and was named one of the 2017 Best Places to Work in South Carolina. ScanSource ranks #647 on the Fortune 1000. For more information, visit www.scansource.com.

Contact:

Melissa Andrews
Title: Public Relations Manager
Phone: 864.286.4425

Source: ScanSource

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Jeffrey Davis joins JCPenney as executive vice president and chief financial officer

PLANO, Texas, 2017-Jul-27 — /EPR Retail News/ — J. C. Penney Company, Inc. (NYSE: JCP) today (July 24, 2017) announced that Jeffrey Davis is joining the Company as executive vice president and chief financial officer, effective today. He will succeed Andrew Drexler, who has been serving as interim chief financial officer while the Company completed its search. Davis will report to Marvin R. Ellison, chairman and chief executive officer of JCPenney.

“On behalf of the board of directors and executive leadership, I’m pleased to welcome Jeff to JCPenney. He brings decades of finance, treasury and strategy experience from a host of leading companies, and will make an outstanding addition to our team,” said Ellison. “Jeff’s expertise will also be a tremendous asset to JCPenney as we continue to differentiate our business in a competitive retail climate and further strengthen our balance sheet moving forward.”

In his role, Davis will be responsible for all financial operations of the Company, including the oversight of finance teams at the JCPenney home office and shared services center in Salt Lake City. Among his primary objectives will be to continue the Company’s progress in identifying earnings growth opportunities, optimizing pricing, exercising SG&A discipline, managing inventory levels and deleveraging debt.

“JCPenney is a mainstay in American retailing, and I’m proud to have the opportunity to sustain its rich legacy alongside a group of dedicated associates committed to differentiating the Company from its traditional competitors,” said Davis. “I look forward to working with our teams in Plano and Salt Lake to continue strengthening the financial position of JCPenney, further propelling the Company’s momentum.”

Davis most recently served as chief financial officer at Darden Restaurants, overseeing finance and accounting, corporate reporting, tax, internal audit, treasury and investor relations. He also maintained oversight of Darden’s real estate acquisitions, as well as the company’s restaurant development.

Prior to Darden, Davis served as executive vice president and chief financial officer for Walmart U.S. stores. Upon joining Walmart in 2006, he served as vice president of finance for its U.S. specialty division before assuming positions of increasing responsibility, including senior vice president of finance and strategy, followed by a promotion to senior vice president and treasurer. Before Walmart, Davis held multiple finance-related positions with Lakeland Tours, McKesson Corporation and The Hillman Company.

About JCPenney:
J. C. Penney Company, Inc. (NYSE:JCP), one of the nation’s largest apparel and home furnishings retailers, is on a mission to ensure every customer’s shopping experience is worth her time, money and effort. Whether shopping jcp.com or visiting one of over 1,000 store locations across the United States and Puerto Rico, she will discover a broad assortment of products from a leading portfolio of private, exclusive and national brands.  Supporting this value proposition is the warrior spirit of over 100,000 JCPenney associates worldwide, who are focused on the Company’s three strategic priorities of strengthening private brands, becoming a world-class omnichannel retailer and increasing revenue per customer. For additional information, please visit jcp.com.

Forward-Looking Statements
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Words such as “expect” and similar expressions identify forward-looking statements, which include, but are not limited to, statements regarding the Company’s financial position, the revolving credit facility and interest expense.  Forward-looking statements are based only on the Company’s current assumptions and views of future events and financial performance. They are subject to known and unknown risks and uncertainties, many of which are outside of the Company’s control that may cause the Company’s actual results to be materially different from planned or expected results. Those risks and uncertainties include, but are not limited to, general economic conditions, including inflation, recession, unemployment levels, consumer confidence and spending patterns, credit availability and debt levels, changes in store traffic trends, the cost of goods, more stringent or costly payment terms and/or the decision by a significant number of vendors not to sell us merchandise on a timely basis or at all, trade restrictions, the ability to monetize non-core assets on acceptable terms, the ability to implement our strategic plan including our omnichannel initiatives, customer acceptance of our strategies, our ability to attract, motivate and retain key executives and other associates, the impact of cost reduction initiatives, our ability to generate or maintain liquidity, implementation of new systems and platforms, changes in tariff, freight and shipping rates, changes in the cost of fuel and other energy and transportation costs, disruptions and congestion at ports through which we import goods, increases in wage and benefit costs, competition and retail industry consolidations, interest rate fluctuations, dollar and other currency valuations, the impact of weather conditions, risks associated with war, an act of terrorism or pandemic, the ability of the federal government to fund and conduct its operations, a systems failure and/or security breach that results in the theft, transfer or unauthorized disclosure of customer, employee or Company information, legal and regulatory proceedings and the Company’s ability to access the debt or equity markets on favorable terms or at all.  There can be no assurances that the Company will achieve expected results, and actual results may be materially less than expectations.  Please refer to the Company’s most recent Form 10-Q for a further discussion of risks and uncertainties. Investors should take such risks into account and should not rely on forward-looking statements when making investment decisions. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made.  We do not undertake to update these forward-looking statements as of any future date.

Media Relations:
(972) 431-3400
jcpnews@jcp.com
Follow @jcpnews on Twitter for the latest announcements and Company information.

Investor Relations:
(972) 431-5500
jcpinvestorrelations@jcpenney.com

Source:  J. C. Penney Company, Inc.

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X5 Retail Group appoints Svetlana Demyashkevich as Chief Financial Officer

Moscow, 2017-Jun-26 — /EPR Retail News/ — X5 Retail Group N.V. (“X5” or “the Company”), a leading Russian food retailer (LSE ticker: “FIVE”), announces that Svetlana Demyashkevich has been appointed as Chief Financial Officer effective from 29 June 2017. Dmitry Gimmelberg has decided to leave the Company, but will temporarily stay on as Advisor to the CEO in order to facilitate a smooth transition.

X5 Retail Group CEO Igor Shekhterman said:

“I would like to thank Dmitry Gimmelberg for his meaningful contribution to the further development of the Company’s financial management function, including improvements to controls and budgeting, as well as streamlining of the investment process.

Svetlana has multifaceted experience in financial management in the banking and corporate sectors. She has worked on setting up and improving the efficiency of business planning, reporting and financial control systems, while also developing successful cooperation with major international financial institutions. With her qualifications and personal qualities,Svetlana will be able to quickly find her place in the X5 team and contribute effectively to the achievement of our strategic goals.”

Svetlana Demyashkevich graduated with honours from the Financial University of the Government of the Russian Federation and is an ACCA qualified accountant. She audited financial institutions at PricewaterhouseCoopers, and was the Financial Controller at UNICEF Russia. Since 2005, Svetlana has held several senior positions at Alfa-Bank, including head of audit and IFRS reporting. She also created and led the financial control service, investor and rating agency relations, the business intelligence centre, and the centralised purchasing service. In her most recent post as Deputy CFO, Svetlana also chaired the tender committee and the credit committee for small- and medium-sized corporate clients, and was involved in the activities of the Boards of Directors of several of the bank’s subsidiaries.

Contact:

Oleg Poletaev
T​: +7 (495) 662-88-88, ext. 22-209

Source: X5 Retail Group

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New Chief Financial Officer for Nordstrom Announced

SEATTLE, 2017-May-08 — /EPR Retail News/ — Seattle-based Nordstrom, Inc. announced today (May 4, 2017) that Anne Bramman is joining the company as Chief Financial Officer (CFO), effective June 2, 2017.

“After a thorough search for a CFO, we’re excited to have Anne join our team,” said Blake Nordstrom, co-president of Nordstrom, Inc. “Anne’s breadth of financial expertise and background as a strong business leader will serve us well as we continue to invest in our growth strategy.”

Ms. Bramman comes to Nordstrom from Avery Dennison Corporation where she has served as Senior Vice President and CFO since 2015. Ms. Bramman has an extensive financial leadership background in a variety of industries, including retail. She previously held the CFO position at Carnival Cruise Line and was CFO of Henri Bendel, a subsidiary of L Brands Inc.  In her new role, Ms. Bramman will focus on driving productivity and supporting Nordstrom’s continued growth.

“I’ve always admired Nordstrom and am excited to join the company during a time of transformative change in the industry,” said Ms. Bramman. “Nordstrom has been an industry leader in strategically investing for the future and I look forward to supporting their commitment to operating excellence.”

Mike Koppel retired as the company’s CFO May 1, 2017 after 16 years and will continue to support Nordstrom in a consulting and advisory role through the end of the year.

About Nordstrom

Nordstrom, Inc. is a leading fashion specialty retailer based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 353 stores in 40 states, including 122 full-line stores in the United States, Canada and Puerto Rico; 220 Nordstrom Rack stores; two Jeffrey boutiques; and two clearance stores. Additionally, customers are served online through Nordstrom.com, Nordstromrack.com and HauteLook. The company also owns Trunk Club, a personalized clothing service serving customers online at TrunkClub.com and its seven clubhouses. Nordstrom, Inc.’s common stock is publicly traded on the NYSE under the symbol JWN.

INVESTOR CONTACT: 
Trina Schurman Nordstrom, Inc.
(206) 303-6503
Trina.Schurman@nordstrom.com

MEDIA CONTACT: 
Gigi Ganatra Duff
Nordstrom, Inc.
(206) 303-3030
Gigi.Ganatra@nordstrom.com

SOURCE: Nordstrom, Inc.

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Tractor Supply Company announces the promotion of Kurt D. Barton to SVP, Chief Financial Officer and Treasurer

Bob Volke Promoted to Vice President, Controller

BRENTWOOD, TN, 2017-Mar-07 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (03/06/17) announced that Kurt D. Barton has been promoted to Senior Vice President, Chief Financial Officer and Treasurer in line with the Company’s management transition plan announced last July. Mr. Barton succeeds Anthony F. Crudele who retired after serving as the Company’s Chief Financial Officer for the past 11 years. As part of the planned succession, Mr. Crudele and Mr. Barton have worked together over the last seven months to ensure a smooth transition of all responsibilities.

Mr. Barton first joined Tractor Supply in 1999 and was promoted to Senior Vice President, Controller earlier this year. He had served as the Company’s Vice President, Controller since 2009. Mr. Barton also served as Director, Internal Audit from 2002 to 2009 and held other leadership roles in accounting during his tenure with the Company. Mr. Barton has had direct responsibility for the Company’s accounting, financial reporting, tax, purchasing, master data management, accounts payable and inventory control functions and has been an integral part of the Company’s corporate finance and strategy team. Mr. Barton, a Certified Public Accountant, began his career in public accounting in 1993, spending six years at Ernst & Young, LLP.

Bob Volke has been promoted to the position of Vice President, Controller, effective immediately. Mr. Volke joined Tractor Supply in April 2007 and has served as the Company’s Vice President, Accounting since February 2014. Mr. Volke’s expanded responsibilities include the Company’s general accounting and financial reporting, as well as operations accounting and non-merchandise purchasing functions. Mr. Volke served as Director of Accounting from 2009 to 2014, and has worked directly for Mr. Barton over the last eight years. A Certified Public Accountant, Mr. Volke has more than 30 years of accounting experience in the manufacturing, financial services and publishing industries.

Greg Sandfort, Chief Executive Officer, stated, “On behalf of Tractor Supply, I would like to thank Tony for his many contributions to the Company over the last 11 years. We wish Tony the very best in his retirement and are excited to have Kurt Barton take the helm as Tony’s planned successor. Kurt has been with Tractor Supply for 18 years and is a talented financial leader with a deep understanding of the business and track record of success. I congratulate Kurt on his promotion and look forward to continuing our work together.”

Sandfort continued, “I would also like to congratulate Bob on his well-deserved promotion to Vice President, Controller. Bob has worked alongside Kurt for several years and has been an important part of our finance team, with a passion for our business and dedication to our continued growth. I am both confident and excited about the team we have in place to continue to move our business forward.”

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At December 31, 2016, the Company operated 1,595 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At December 31, 2016, the Company operated 143 Petsense stores in 26 states. For more information on Petsense, visit www.petsense.us.

Contact:

Christine Skold
Vice President
Investor Relations
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter, ICR

Media:
Alecia Pulman/Brittany Rae Fraser, ICR
(203) 682-8200

Source: Tractor Supply Company

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Stockmann welcomes Kai Laitinen as Chief Financial Officer

Helsinki, Finland, 2017-Feb-17 — /EPR Retail News/ — Kai Laitinen (born 1970), M.Sc.(Business Administration), has been appointed as Stockmann’s Chief Financial Officer and as a member of the Management Team. Kai Laitinen has most recently served as Chief Financial Officer at Finavia Oyj and before that he held several financial management positions at Outokumpu Oyj. Kai Laitinen will join Stockmann at the latest in August 2017 and he will report to CEO Lauri Veijalainen.

“I would like to warmly welcome Kai Laitinen to Stockmann. Kai has solid experience as a CFO and he will bring us the financial expertise that will complement the Management Team’s know-how very well,” says CEO Lauri Veijalainen.

“I am excited about this interesting new position at Stockmann and being able to join the turnaround of the company. I believe that my earlier, diverse experience in finance will benefit the successful management of the task,” says Kai Laitinen.

Further information:
Lauri Veijalainen
CEO
tel.: +358 9 121 5062

Nora Malin
Director, Corporate Communications
tel.: +358 9 121 3558

www.stockmanngroup.com

Source: STOCKMANN plc

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Lowe’s announces the promotion of Marshall A. Croom as chief financial officer

Lowe’s announces the promotion of Marshall A. Croom as chief financial officer

 

MOORESVILLE, N.C., 2017-Jan-23 — /EPR Retail News/ — Lowe’s Companies, Inc. (NYSE: LOW) today (January 17, 2017) announced that Marshall A. Croom, a 20-year Lowe’s veteran, has been promoted to the position of chief financial officer, effective March 3. Croom succeeds Robert F. (Bob) Hull Jr., who announced plans to retire after 17 years with the company. Croom will report to Robert A. Niblock, Lowe’s chairman, president and CEO.  Hull will remain at Lowe’s through March to ensure a smooth transition period.

In his new role, Croom, 56, will oversee accounting, tax, treasury, investor relations, and financial planning and analysis.  He will also continue to lead internal audit and enterprise risk management, areas he has managed since 2009.

“Marshall brings over 30 years of financial and operational experience to his new role and, importantly, possesses a deep understanding of virtually every facet of Lowe’s,” Niblock said. “We have confidence in Marshall’s proven leadership as we continue to focus and invest in the areas that meet consumers’ evolving expectations.  We look forward to a smooth transition, given our CFO succession planning process.”

For the past eight years as chief risk officer, Croom had responsibility for providing oversight and direction for the management of all material risks across the company, including enterprise risk management, internal audit, project and process management, quality assurance, information security, loss prevention and workers’ compensation. Prior to leading the risk organization, he held several leadership positions in finance, including senior vice president of finance, treasurer and assistant treasurer, including responsibility for investor relations and tax. In addition, he served for three years as senior vice president of merchandising and store operations support. Croom joined Lowe’s in 1997, following a successful 11-year career with Ernst & Young, including two years in the firm’s national tax department.

Niblock added, “At the same time, we want to thank Bob for the many contributions he has made to the organization, including 14 years as our CFO.  He played an integral role in the growth and success of Lowe’s transformation to an omni-channel home improvement company. We appreciate all that he has done for our company and wish him the best with his next chapter.”

Hull said, “My time at Lowe’s has been extraordinary and I feel privileged to have worked with people who are so passionate about serving others. I look forward to working closely with Marshall to successfully transition my responsibilities.”

About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 17 million customers a week in the United States, Canada and Mexico. With fiscal year 2015 sales of $59.1 billion, Lowe’s and its related businesses operate or service more than 2,355 home improvement and hardware stores and employ over 285,000 employees. Founded in 1946 and based in Mooresville, N.C., Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com.

Media Inquiries:

704-758-2917
PublicRelations@Lowes.com

SOURCE: Lowe’s Companies, Inc.

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New Look appoints Richard Collyer as Chief Financial Officer

LONDON, 2016-Dec-23 — /EPR Retail News/ — The Board of New Look is delighted to announce the appointment of Richard Collyer as Chief Financial Officer with immediate effect.

Richard was formerly Group Finance Director and has been performing the CFO role on an interim basis since March 2016.

Richard joined New Look in 2008 and has performed a series of senior financial roles. After a period as Executive Assistant to the CEO, Richard was promoted to Group Finance Director in 2014. Prior to joining New Look, Richard spent 13 years with PwC in audit and transactional roles.

Anders Kristiansen, CEO of New Look, commented: “We are delighted to appoint Richard as our new CFO. Richard has a wealth of experience in New Look and I am very pleased to be able to promote from within our leadership team.”

Richard Collyer commented: “I am very excited by the opportunities in this role. I look forward to working with Anders and the New Look team to continue to achieve our strategic aims and growth plans.”

About New Look

New Look is an international multichannel retail brand, offering exciting, on-trend, value-fashion for women, men and teenage girls, and is the UK’s No. 1 retailer for women under 35*.

Our long term business strategy comprises of initiatives spanning Brand, Multichannel, International Expansion, Product Development and Menswear.

We have 850 stores, comprising 584 in the UK and a further 266 globally. We also have a fast-growing e-commerce offering, serving over 120 countries worldwide, supported by convenient delivery options.

Our flexible fast-fashion business is built on an agile global supply chain with the ability to respond quickly to trends. We focus on delivering value for money and ‘newness’, with hundreds of new lines landing every week. Our ranges of apparel, footwear and accessories are designed with broad age appeal and global relevance. They are delivered by our great people in stores and support centres, who ensure we deliver great service – wherever, whenever and however customers choose to engage with us.

* Based on Kantar Worldpanel published data 24 weeks to 25 September 2016 (by value)

Enquiries:
Headland
Lucy Legh
Rose Beynon
Rob Walker
+44 (0)20 3805 4822
newlook@headlandconsultancy.com

Source: New Look

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Dollar Tree CEO Sasser, CFO Wampler and VP investors Guiler to present at Goldman Sachs 22nd Annual Global Retailing Conference

CHESAPEAKE, Va., 2015-9-2 — /EPR Retail News/ — Dollar Tree, Inc. (NASDAQ: DLTR), North America’s leading operator of discount variety stores, today announced its participation in the Goldman Sachs 22nd Annual Global Retailing Conference on September 9, 2015. Bob Sasser, Chief Executive Officer, Kevin Wampler, Chief Financial Officer, and Randy Guiler, Vice President – Investor Relations, will attend this conference.

The Company’s presentation will begin at 11:20 a.m. ET on September 9, 2015. A webcast of the presentation will be available on the Company’s website at http://www.dollartreeinfo.com/investors/news/events/, and an archive of the webcast will be accessible for seven days.

Dollar Tree, a Fortune 500 Company, now operates more than 13,800 stores across 48 states and five Canadian provinces. Stores operate under the brands of Dollar Tree, Family Dollar, Dollar Tree Canada, and Deals. To learn more about the Company, visit www.DollarTree.com.

CONTACT:
Dollar Tree, Inc.
Randy Guiler, 757-321-5284
Vice President, Investor Relations
www.DollarTree.com