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Jean-François Palus named interim Gucci CEO amid Kering management shuffle

Inside Retail

Gucci’s president and CEO since 2015, Marco Bizzarri, is to leave the brand this September after serving at Kering Group for 18 years. Alongside CEO Bizzarri, Michele oversaw a period of soaring growth between 2015 and 2019, with profits increasing nearly four-fold and revenues almost trebling.

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Nordstrom Financial Chief Bramman Steps Down; Insider Appointed Interim CFO

Retail TouchPoints

“As a result of Anne’s guidance through the pandemic, Nordstrom has the financial strength and flexibility to successfully manage through a changing environment,” said Erik Nordstrom, CEO of Nordstrom in a statement. Bramman served as CFO and SVP of Carnival Cruise Line from 2010 to 2015 and Avery Dennison from 2015 to 2017.

Finance 240
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Ex-finance bosses face fraud charges over collapse of Patisserie Valerie

Retail Gazette

Two former Patisserie Valerie finance bosses are among four individuals that have been charged in relation to the bakery chain’s abrupt collapse in 2018. The regulatory body also said the accountancy firm had “missed red flags” and failed to question information provided by management.

Finance 107
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Zambrero founder sues former CEO

Inside Retail

Cook left the Mexican fast-food chain in 2015 and sold his shares in the business. Current CEO and former banker and finance lawyer Matthew Kenny took on the role in 2020. A case management hearing on 7 February 2024 was adjourned. Cook has also disclosed the circumstances and terms of his departure from the firm.

Finance 263
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Zambrero founder sues former CEO

Inside Retail

Cook left the Mexican fast-food chain in 2015 and sold his shares in the business. Current CEO and former banker and finance lawyer Matthew Kenny took on the role in 2020. A case management hearing on 7 February 2024 was adjourned. Cook has also disclosed the circumstances and terms of his departure from the firm.

Finance 259
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Tapestry Hires VF Corp. Veteran as New CFO

Retail TouchPoints

Roe will have responsibility for all finance functions and lead the retailer’s Strategy and Consumer Insights teams. a position he has held since April 2015. for 25 years in positions including VP, Controller and Chief Accounting Officer; VP of Finance for the Jeanswear and Imagewear Coalitions; and CFO of the International Business.

Finance 257
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Dollar General Promotes New President and CFO Following Strong Quarter

Retail TouchPoints

He will add responsibilities for the company’s strategic healthcare initiatives and its international expansion to Mexico to his existing finance, accounting, strategy and procurement functions. Garratt joined Dollar General in 2014 as SVP of Finance and Strategy and has served as EVP and CFO since December 2015.