Urban Outfitters (URBN), a lifestyle specialty retail company, has announced that John Kyees, chief financial officer (CFO), will retire and be succeeded by Eric Artz on 1 February 2010.
Kyees, 63, who most recently helped URBN successfully navigate the most challenging retail environment in decades, has been with the company since 2003. Kyees will assume the role of chief investor relations officer through the date of his anticipated retirement on 30 June 2010, and will assist the new CFO in his transition.
Artz joins from VF Corporation, where he has served as CFO of VF Contemporary Brands for two years. He also served as chief operating officer (COO) and CFO of Seven For All Mankind from November 2006 through August 2007. Artz had been vice president of operations for VF Outdoor from June 2003 through October 2006, and since joining VF Corporation in 1992, served in several financial and operational positions for its divisions in the US, Europe and Japan.
Prior to joining VF Corporation, Artz worked as an accountant for Ernst & Young in their audit department. He earned his BS in accounting from Albright College and is a certified public accountant (CPA).
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.