Abercrombie & Fitch has hired Kohl’s Corp. Executive Vice President of Finance, Joanne C. Crevoiserat, to be its chief financial officer (CFO). Crevoiserat will also head merchandise planning and inventory management for a time starting next month.
Crevoiserat has also held senior financial management positions at Wal-Mart Stores Inc. and May Department Stores. Her hire is seen as part of major leadership changes at the struggling teen apparel retailer.
Former Abercrombie & Fitch CFO Jonathan Ramsden was promoted to chief operating officer in January. Merchandise planning and inventory management is currently managed by Leslee Herro, who retires in September.
