J.Jill names Mark Webb as new chief financial officer
today Apr 15, 2019
Massachusetts-based speciality retailer J.Jill, Inc. has appointed Mark Webb as executive vice president, chief financial officer, effective May 1, 2019.
Webb joins J.Jill with over 23 years of experience as a finance professional in the retail industry with experience launching, running, and optimizing multi-channel retail businesses, the company said. In his new role, Webb will oversee finance, tax, accounting, treasury, investor relations, business analytics, company planning and real estate. He will report to J.Jill’s chief executive officer, Linda Heasley.
The company’s current chief financial and operating officer Dave Biese will exit on April 30, 2019.
Prior to joining J.Jill, Webb most recently served as senior vice president, chief financial planning and analysis and treasury officer at Hudson’s Bay Company. Additionally, the new J.Jill executive has also held multiple roles with Gap, Inc., including senior vice president and chief financial officer of Gap Brand and Intermix.
Webb’s appointment follows a series of new leadership hires with the company over the past nine months, including the appointment of Elliot Staples as senior vice president of design, Brian Beitler as executive vice president, chief marketing and brand development officer, and Shelley Liebsch as senior vice president, chief merchandising officer.
In March of this year, the retailer reported a decrease in net income in the fourth quarter of 2018, with a 0.9% increase in comparable sales for 2018 but a decrease in overall sales. However, with current strategies in play, the company said it expects comparable sales for 2019 to be flat with total sales expected to be slightly positive.
J.Jill currently operates over 270 stores nationwide as well as an e-commerce platform, offering a range of women’s apparel for misses, petite, plus and tall sizes, as well as accessories and footwear.
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