Burlington Stores Inc. announced that John Crimmins would retire as chief financial officer on August 31, 2022, or the date his successor commences employment. Burlington has initiated an external search for a new CFO, and to ensure an orderly transition, Crimmins has agreed to provide consulting services through the end of February 2023.
“I greatly appreciate John’s outstanding leadership, tireless dedication and many significant contributions to Burlington over the years. His financial expertise and strong commitment to our shareholders, associates and customers have been invaluable,” said Burlington Chief Executive Officer Michael O’Sullivan. “John has elevated our Finance organization and strengthened the team through his commitment to excellence and talent development. We have built a deep bench of strong and long-tenured senior leaders throughout our Finance organization, including in the areas of Financial Planning and Analysis, Investor Relations and Treasury, as well as Accounting and Tax, which we believe will make for a seamless transition. The Board and I are grateful for John’s efforts and accomplishments, and we wish him all the best in retirement.”
“My eleven years at Burlington have been incredible,” Crimmins said. “It has been a privilege to work alongside Michael and the many talented individuals throughout the company. Our leadership team and our Finance organization have never been stronger and now feels like the right time to transition to the next chapter in my personal life. I am very proud of what we have accomplished together, and I look forward to watching Burlington’s continued development and success.”
Crimmins became Burlington’s CFO in October 2019 after serving in that capacity on an interim basis since September 2019. Before that, Crimmins was Burlington’s executive vice president, Finance. Crimmins first came to Burlington in 2011 as the company’s senior vice president, Finance, chief accounting officer. Before joining Burlington, he worked at Timberland from 2002 to 2009, initially as the company’s chief accounting officer until 2007, when he became CFO. Before 2002, Crimmins worked in financial management positions, including several years at Reed Business Information.
Burlington has engaged Egon Zehnder, a global leadership advisory firm, to assist in its external CFO search process.
