Coldwater Creek, an Idaho-based clothing retailer, has announced the resignation of Tim Martin, senior vice president (SVP) and chief financial officer (CFO). Martin, who joined the company in 2006, has accepted a position as CFO at another company.
The company has appointed John Hayes III, SVP and general counsel, to serve as interim CFO until a permanent successor is named. Hayes joined Coldwater Creek in February 2009, after serving as the company’s outside corporate and securities law counsel since 1999. Previously, Hayes spent 17 years in private law practice, most recently with Hogan & Hartson.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.