Vince Holding Corp. Announces CFO Transition
16 Juin 2023 - 10:15PM
Business Wire
Michael Hand Appointed Interim CFO
David Stefko, Retired Vince Holding Corp. Chief
Financial Officer, Appointed to Board of Directors and to Remain
Advisor to the Company
Vince Holding Corp. (NYSE: VNCE) (“VNCE” or the “Company”), a
global contemporary retailer, today announced Chief Financial
Officer, Amy Levy, has resigned to pursue another opportunity. Ms.
Levy will remain with the Company until June 30, 2023.
“On behalf of the organization, I want to thank Amy for her
leadership and contributions to Vince during her tenure. We wish
her success in her future endeavors,” said Jack Schwefel, Chief
Executive Officer.
The Company has appointed Michael Hand to serve as interim Chief
Financial Officer, effective July 1, 2023. Mr. Hand is a seasoned
corporate finance executive with over 40 years of financial,
operations and general business experience in both public and
private organizations. The majority of his career has been with
growing consumer goods companies including retail, wholesale,
e-commerce businesses. He has led financial and accounting teams at
Marc Jacobs, Cole Haan, Coach, and Movado as well as Sotheby’s and
PepsiCo. Mr. Hand is a CPA and began his career at
PricewaterhouseCoopers.
Mr. Hand will immediately start working with the company to
facilitate a smooth transition in partnership with Ms. Levy, while
a permanent replacement is identified. The Company has engaged
Spencer Stuart to conduct a search for the permanent Chief
Financial Officer position.
In addition, the Company also announced that David Stefko,
retired Vince Holding Corp. Chief Financial Officer, has been
appointed to the Board of Directors and will extend his role as an
advisor to the Company through this transition.
“I look forward to working with Michael and believe his
experience will be an asset to our organization as we move
forward,” Mr. Schwefel commented. “I am also pleased to have the
continued support and guidance from Dave as he transitions onto our
Board of Directors and remains a trusted advisor to our team.”
ABOUT VINCE HOLDING CORP.
Vince Holding Corp. is a global retail company that operates the
Vince brand women’s and men’s ready to wear business. Vince,
established in 2002, is a leading global luxury apparel and
accessories brand best known for creating elevated yet understated
pieces for every day effortless style. Vince Holding Corp. operates
49 full-price retail stores, 17 outlet stores, and its e-commerce
site, vince.com and through its subscription service Vince Unfold,
www.vinceunfold.com, as well as through premium wholesale channels
globally. Please visit www.vince.com for more information.
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version on businesswire.com: https://www.businesswire.com/news/home/20230616065635/en/
Investor Relations: ICR, Inc. Caitlin Churchill,
646-277-1274 Caitlin.Churchill@icrinc.com
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