The American textile group Vince Holding Corp. has to fill a key position. On Wednesday, the company announced that Chief Financial Officer (CFO) John Szczepanski will put down his position on March 28. The manager wants to “devote himself to another occasion”, says a message.
According to Szczepanski’s farewell, Yuji Okumura, who joined the company as Director of Financial Reporting in 2018 and is currently acting as Vice President, Controller, is transferring the financial department as an interim CFO.
Yuji Okumura becomes interim cfo
CEO Brendan Hoffman explained the personnel decision. “I have already worked with Yuji and full confidence in his ability to lead our accounting and financial organization and to ensure a seamless transition,” he said in a statement.
The designated interim financial chief brings “valuable experiences and a deep understanding of our financial operations” and will play an important role in the “new chapter” of the company history, emphasized Hoffman, who had taken over the majority at Vince Holding with his investment company P180 in January and had recently returned to the top of the group. The internal promotion also demonstrates talent promotion within the company and guarantees “strong leading continuity,” said Hoffman.