Caleres names new CFO
Caleres
The St. Louis-based company said Calandra will have responsibility for the company’s finance, accounting, investor relations, external reporting, treasury and tax functions. He succeeds Ken Hannah, who has served as CFO of Caleres for the last seven years.
“I see a tremendous amount of opportunity for future value-creation at Caleres,” said Calandra. “I look forward to working with the entire Caleres team to unlock growth opportunities across the enterprise, to further bolster our financial structure and to drive long-term value for our shareholders.”
Calandra comes to Caleres from A.K.A. Brands, where he served as CFO. Prior to that, he served as executive vice president, chief financial officer, and treasurer for Tailored Brands.
Calandra also held several executive positions at GapBanana Republic
Earlier in his career, he served in various finance roles of increasing responsibility at Unilever
I am confident Jack will be an excellent fit with the Caleres leadership team,” said Diane Sullivan, chairman and CEO.
“With his strong business acumen and extensive industry knowledge, Jack is exceptionally well-equipped to help lead the organization forward and to drive significant incremental value for our many stakeholders.
“Ken’s leadership has been invaluable over the last several years – especially during the depths of the pandemic – strengthening our financial foundation and helping establish a course for our future success,” added Sullivan. “On behalf of the board of directors and all of our associates, I would like to thank Ken for his contributions over the last seven years and wish him the very best.”
The CFO appointment comes on the back of the appointment of jennifer Olsen
