Christopher & Banks Corporation, a Minneapolis-based specialty retailer of women’s clothing, has appointed Michael Lyftogt as interim chief financial officer (CFO). Lyftogt replaces Rodney Carter, who has left the company to pursue other interests. The company is commencing a search for a permanent CFO.
Lyftogt has been with the company since March 1998. Prior to this appointment, he served as vice president, finance. In addition to his appointment as interim CFO, Lyftogt was also promoted to chief accounting officer (CAO).
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.