×
79 081
Fashion Jobs
ROSS
dc Operations Manager
Permanent · Shafter
ROSS
dc Maintenance Manager
Permanent · Buckeye
MACY'S
Asset Protection Detective, Pleasanton Stoneridge - Full Time
Permanent · Pleasanton
MACY'S
Asset Protection Detective, Riverpark - Full Time
Permanent · Fresno
MACY'S
Asset Protection Security Guard, Mall at Greece Ridge Center - Full Time
Permanent · Rochester
MACY'S
Asset Protection Detective, Lakeside - Full Time
Permanent · Sterling Heights
MACY'S
Asset Protection Detective, Walt Whitman - Full Time
Permanent · Huntington Station
MACY'S
Retail Fulfillment Associate, Menlo Park - Full Time
Permanent · Edison
MACY'S
Asset Protection Detective, Gurnee Mills - Full Time
Permanent · Gurnee
MACY'S
Asset Protection Detective, City Creek Center - Full Time
Permanent · Salt Lake City
MACY'S
Retail Fulfillment Associate, Maplewood - Full Time
Permanent · Maplewood
MACY'S
Asset Protection Detective, Coral Square - Full Time
Permanent · Coral Springs
MACY'S
Asset Protection Captain, South Bay - Full Time
Permanent · Boston
MACY'S
Asset Protection Detective, Stockton Sherwood - Full Time
Permanent · Stockton
MACY'S
Retail Fulfillment Associate, Springfield - Full Time
Permanent · Springfield
JCPENNEY
Asset Protection Manager
Permanent · Boise
JCPENNEY
General Manager
Permanent · Farmington
JCPENNEY
Salon Manager
Permanent · Downey
JCPENNEY
Transportation sr Specialist
Permanent · Haslet
JCPENNEY
Buyer Fragrance
Permanent · Plano
JCPENNEY
Salon Manager Btc - Eastridge Shopping Center
Permanent · San Jose
JCPENNEY
Asset Protection Manager Asheville NC
Permanent · Asheville
Published
Nov 3, 2020
Reading time
2 minutes
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Genesco announces departure of CFO

Published
Nov 3, 2020

Nashville, Tennessee-based footwear and accessories retailer Genesco Inc. announced on Monday that senior vice president and chief financial officer Melvin G. Tucker has resigned, effective November 27, 2020.


CEO Mimi Vaughn will assume the responsibilities of CFO while the company searches for Tucker's successor - Instagram: @journeys


Tucker, who is leaving the company in order to pursue other opportunities, joined Genesco in June 2019, and will continue to support the retailer in the short term so as to ensure a smooth transition.
 
Prior to joining the company, which owns store chains including Journeys, Schuh and Johnston & Murphy, Tucker served as CFO at Century 21 Department Stores for five years. His previous experience also includes periods spent in top financial positions at Bass Pro Shops, PetSmart, Circuit City and The Home Depot.

In order to find a replacement for Tucker, Genesco has launched an executive search for a new chief financial officer. The company’s board chair, president and CEO, Mimi E. Vaughn, who also previously served as the retailer’s CFO, will take over the responsibilities of the position until a permanent replacement can be found.
 
She will be supported in these efforts by a newly formed office of the CFO, which will be co-led by VP and chief accounting officer Brently G. Baxter, VP and treasurer Matthew N. Johnson, and Dave Slater, VP of financial planning & analysis and investor relations.
 
“On behalf of the board and executive team, I want to thank Mel for his hard work and contributions to Genesco. We wish Mel all the best in his future endeavors,” said Vaughn in a release. “Our strong team will continue to navigate current pandemic challenges and position Genesco to take advantage of the many opportunities on the other side.”
 
“I am grateful for my time at Genesco and for the opportunity to work with such an incredible team of leaders,” added Tucker. “I continue to believe in the strength of the Genesco business and wish the team all the best and future success.”
 
In the second quarter ended August 1, 2020, Genesco reported net sales of $391 million, decreasing 20% from the prior-year period, largely due to Covid-19-related store closures. The company’s net loss for the quarter totaled $19 million, down from net income of $577,000 in the previous year’s second quarter.
 
Genesco currently runs more than 1,475 retail stores in the U.S., Canada, the UK and the Republic of Ireland, principally under the Journeys, Journeys Kids, Schuh, Schuh Kids, Little Burgundy and Johnston & Murphy banners.

Copyright © 2023 FashionNetwork.com All rights reserved.