Guess?, Inc. Announces CFO Transition
19 August 2024 - 10:00PM
Business Wire
Guess?, Inc. (NYSE: GES) today announced that Dennis Secor has
been appointed Interim Chief Financial Officer of Guess?, effective
August 26, 2024. Mr. Secor is a proven finance leader with deep
knowledge of the apparel industry, and has previously served as
Guess? CFO from 2006 to 2012. He will succeed Markus Neubrand, who
is stepping down to pursue another opportunity that will bring him
closer to his family.
Guess? has initiated a search for its next Chief Financial
Officer, who is expected to be based out of the Company’s
headquarters in Lugano, Switzerland, with the assistance of an
executive search firm. Mr. Neubrand will remain at Guess? through
September 30, 2024, to facilitate a seamless transition.
“On behalf of the entire Guess? team, I want to thank Markus for
his contributions to the growth and success of the Company,” said
Carlos Alberini, Guess? Chief Executive Officer. “We wish him all
the best as he embarks on his next professional opportunity.”
Mr. Alberini continued, “We are again thankful to Dennis for
taking on this important interim role as we conduct our search for
our next CFO. With Dennis’s extensive experience and leadership and
our strong finance team, we are confident that we will not miss a
beat.”
Mr. Secor said, “It’s a transformative time at Guess?, and I am
ready to hit the ground running as the team works to build on our
forward momentum, strengthen our brands and continue to deliver
value for our shareholders.”
About Dennis Secor
Mr. Secor currently serves as Executive Vice President, Finance
at Guess?. Throughout his career, Mr. Secor has held numerous Chief
Financial Officer positions at both publicly-listed and
privately-held companies across a range of industries, including
Fossil Group, Electronic Arts Canada, Torrid and Guess?. As Chief
Financial Officer of Guess? Between 2006 and 2012, he managed all
finance and accounting functions globally and implemented multiple
growth and profitability initiatives, maintained a strong capital
structure, supported global growth expansion and developed a strong
global finance team. He also served as Interim CFO at Guess? from
April 2022-July 2023.
About GUESS?, Inc.
Guess?, Inc. designs, markets, distributes and licenses a
lifestyle collection of contemporary apparel, denim, handbags,
watches, eyewear, footwear and other related consumer products.
Guess? products are distributed through branded Guess? stores as
well as better department and specialty stores around the world. On
April 2, 2024, the Company acquired all the operating assets and a
50% interest in the intellectual property assets of New York-based
fashion brand rag & bone, a leader in the American fashion
scene, directly operating stores in the U.S. and in the U.K., and
also available in high-end boutiques, department stores and through
e-commerce globally. As of May 4, 2024, the Company directly
operated 1,048 retail stores in Europe, the Americas and Asia. The
Company’s partners and distributors operated 533 additional retail
stores worldwide. As of May 4, 2024, the Company and its partners
and distributors operated in approximately 100 countries worldwide.
For more information about the Company, please visit
www.guess.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240817562556/en/
Guess?, Inc. Fabrice Benarouche Senior Vice President Finance,
Investor Relations and Chief Accounting Officer (213) 765-5578
Guess (NYSE:GES)
Historical Stock Chart
From Nov 2024 to Dec 2024
Guess (NYSE:GES)
Historical Stock Chart
From Dec 2023 to Dec 2024