Stage Stores, a US retail chain, has appointed Oded Shein as executive vice president (EVP), chief financial officer (CFO). Shein succeeds Edward Record, who was appointed chief operating officer (COO) in February 2010, but retained the CFO responsibilities while the search for his replacement was underway. As CFO, Shein will report to Record and will oversee the company’s accounting, internal and external financial reporting, tax, investor relations, financial planning and analysis, loss prevention, and treasury operations.
Shein comes to Stage Stores from Belk, where he has served as vice president finance since 2008. From 2004 to 2008, he served as vice president and treasurer for Belk. Prior to joining Belk, Shein spent 14 years at Charming Shoppes, ultimately in the position of vice president, treasurer. Shein has a MBA degree from Columbia Business School.
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.