Caleres announced that Jack Calandra was hired as senior vice president and CFO, effective September 12, 2022.
The hire follows a previously announced CEO succession and as Caleres transitions, the executive leadership team. Calandra has succeeded Ken Hannah, CFO of Caleres, for the last seven years.
Calandra was, most recently, CFO of a.k.a. Brands. Before that time, he worked as executive vice president, chief financial officer and treasurer for Tailored Brands. Calandra has also held executive positions at Gap, Inc., which included senior vice president, corporate finance and investor relations; senior vice president and CFO, Banana Republic Global; vice president and CFO, Gap, Inc. Direct; and vice president and CFO, Gap International. Earlier in his career, he worked in various finance roles of increasing responsibility at Unilever.
“Jack is a collaborative leader, and his diverse experience makes him the ideal addition to the Caleres leadership team,” said Jay Schmidt, president, Caleres. “His strong financial background and deep expertise in retail, omni-channel and consumer goods will be essential as we continue to position Caleres for long-term success.”
Calandra will have responsibility for the company’s finance, accounting, investor relations, external reporting, treasury, and tax functions.
“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.”
Caleres’ core brands include Famous Footwear, Sam Edelman, Naturalizer, and Allen Edmonds.
