Caleres Names Liz Dunn SVP of Corporate Development and Strategic Communications

Rhea-AI Summary

Caleres (CAL) appoints Liz Dunn as SVP of Corporate Development and Strategic Communications, leveraging her extensive experience to drive shareholder value. Dunn will work closely with Caleres leadership to align growth ambitions with strategic communications.

ST. LOUIS--(BUSINESS WIRE)-- Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced that Liz Dunn has joined the company as senior vice president of corporate development and strategic communications.

Caleres Names Liz Dunn SVP of Corporate Development and Strategic Communications (Photo: Business Wire)

In this newly created role, Dunn will leverage her nearly 30 years’ experience spanning equity research, investment banking, consulting, and finance to ensure Caleres aligns its growth ambitions and strategic communications with delivering shareholder value. Dunn will report to Caleres president and CEO Jay Schmidt.

“We are pleased to welcome Liz to the Caleres leadership team,” said Schmidt. “Liz has been working closely with Caleres for the last year as a consultant to provide a thoughtful perspective on our strategic and financial plans. Achieving our growth objectives will require disciplined execution and coordinated communication. I am confident Liz’s knowledge and expertise will support our efforts to drive value for our shareholders.”

For the last 10 years, Dunn has worked with retailers, brands, and private equity firms as an independent consultant. Previously, Dunn spent over a decade as a sell-side equity research analyst covering footwear & apparel, luxury, department stores, and specialty retail. Throughout her career, Dunn has been featured in national print and television media as a subject matter expert on consumer companies and stocks. She has served on both public company and non-profit boards. Early in her career, Dunn worked in the finance departments of Liz Claiborne and Gap Inc., and she began her career in the consumer investment banking group at Bear Stearns. She holds a bachelor’s degree in economics from Spelman College.

“I am pleased to be joining Caleres at this pivotal time,” Dunn said. “Caleres has transformed its earnings power and recently outlined plans for even greater growth in earnings and shareholder value. I look forward to being part of the team that works to achieve these goals.”

About Caleres

Caleres is a market-leading portfolio of global footwear brands that includes Famous Footwear, Sam Edelman, Allen Edmonds, Naturalizer and Vionic. Our products are available virtually everywhere - in the nearly 1,000 retail stores we operate, in hundreds of major department and specialty stores, on our branded e-commerce sites, and on many additional third-party retail websites. Combined, these brands make Caleres a company with both a legacy and a mission. Our legacy is our more than 140 years of craftsmanship and our passion for fit, while our mission is to continue to inspire people to feel great… feet first. Visit caleres.com to learn more about us.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240314235926/en/

Media:

Kelly Malone

kmalone@caleres.com



Investors:

Logan Bonacorsi

lbonacorsi@caleres.com

Source: Caleres

FAQ

Who has joined Caleres as senior vice president of corporate development and strategic communications?

Liz Dunn has joined Caleres as senior vice president of corporate development and strategic communications.

What is Liz Dunn's background and experience?

Liz Dunn has nearly 30 years of experience spanning equity research, investment banking, consulting, and finance. She has worked with retailers, brands, and private equity firms as an independent consultant and served as a sell-side equity research analyst covering footwear & apparel, luxury, department stores, and specialty retail.

Who will Liz Dunn report to at Caleres?

Liz Dunn will report to Caleres president and CEO Jay Schmidt.

What are Liz Dunn's responsibilities in her new role at Caleres?

In her newly created role, Dunn will ensure Caleres aligns its growth ambitions and strategic communications with delivering shareholder value.

What are the expectations from Liz Dunn's appointment at Caleres?

Caleres expects Liz Dunn's knowledge and expertise to support their efforts in driving value for shareholders by achieving growth objectives through disciplined execution and coordinated communication.