Vestis Retail Group, LLC, which owns Bob’s Stores, Eastern Mountain Sports
and Sport Chalet, appointed Susan J. “Sue” Riley to the position of chief financial officer.
“We’re very glad to have Sue as part of the Vestis team,” said Mark
Walsh, Vestis chief executive officer. “She is a highly accomplished
professional in the areas of financial management and analysis who also
brings us valuable strategic perspective from her deep finance career.
She will be an important contributor to our leadership team as we guide
Vestis to continued growth in the future.”
According to Gregory
L. Segall, Chief Executive Officer of Versa and Chairman of Vestis, “We
have been fortunate to work with Sue in the past and are pleased that
she will bring her significant retail industry and financial management
expertise to Vestis, which is now one of the nation’s largest outdoor
retail groups. Vestis continues to benefit from the scale and geographic
diversity its three iconic brands bring to bear, and we look forward to
the company’s continued success.”
Riley brings 30 years of financial management to her new role at Vestis,
where she worked on a consulting basis as interim CFO in recent months.
She also served as Executive Vice President, Finance and
Administration, at The Children’s Place Retail Stores, Inc., and as
Chief Financial Officer at Klinger Advanced Aesthetics, Inc.,
Abercrombie & Fitch Company and The Dial Corporation, and as Vice
President and Treasurer for Colgate-Palmolive Company. She spent a
decade with Tambrands, Inc., a leading global provider of feminine care
products. Ms. Riley currently serves on the boards of directors of
United Stationers Inc. and PJM Interconnection, LLC. She holds a BS
degree from the Rochester Institute of Technology and an MBA from Pace
University. She will be based in the Meriden, CT headquarters of Vestis.
and his management team, with assistance from Versa, have created an
outdoor retail company with the requisite size and product offering to
become a market leader,” said Ms. Riley. “I’m excited to have the
opportunity to work alongside my new colleagues as we continue to grow
Vestis in a sustainable manner over the long term.”
Based in Connecticut, Vestis Retail Group, formed by Versa Capital Management, operates Bob’s Stores, Eastern Mountain Sports (EMS) and Sport Chalet. Bob’s is a 60-year-old, award-winning Northeastern retailer of value-oriented footwear, apparel and work wear. EMS is the second largest U.S. multi-channel retailer of human-powered outdoor sports apparel and equipment with stores in the Northeastern and Mid-Atlantic states. Founded in 1959, Sport Chalet is a premier, full service specialty sporting goods retailer operating stores in Arizona, California, Nevada and Utah and features the industry’s top sports brands in apparel, footwear, and sports equipment.