Torrid Elevates Paula Dempsey to Chief Financial Officer

Rhea-AI Summary

Torrid Holdings Inc. (NYSE: CURV) announced the promotion of Paula Dempsey to the role of Chief Financial Officer (CFO). Ms. Dempsey served as the interim CFO until her promotion on December 4, 2023. She joined the company in January 2023 and has extensive retail experience, previously holding senior leadership roles in publicly-held companies in finance and financial planning and analysis. The CEO expressed confidence in Paula's leadership, citing her as the right person to lead the finance organization. Ms. Dempsey also spoke of her excitement to assume the role of CFO, highlighting the brand's potential for consistent and profitable growth over the long term.

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)-- Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV), a direct-to-consumer apparel, intimates, and accessories brand in North America for women sizes 10 to 30, today announced the promotion of Paula Dempsey to the role of Chief Financial Officer (CFO). Ms. Dempsey served as the interim CFO until her promotion on December 4, 2023.

Ms. Dempsey joined the company in January 2023 and has been serving as interim CFO and Senior Vice President and Investor Relations since May 2023. Ms. Dempsey has extensive retail experience and has held senior leadership roles in publicly-held companies in finance and financial planning and analysis. She was Senior Vice President of Corporate Finance at Mattress Firm prior to joining Torrid.

Lisa Harper, Chief Executive Officer, stated, “I am delighted to announce that after an extensive search, we have chosen Paula as our new CFO. She has proven herself as a strong leader and a great partner to me and our entire executive team. I am confident that Paula is the right person to lead our finance organization.”

“I am excited to assume the role of Chief Financial Officer of Torrid,” said Ms. Dempsey. “Torrid is uniquely positioned in the retail market and has an incredibly loyal customer base. I believe there is tremendous potential for this brand to deliver consistent and profitable growth over the long term.”

About Torrid

TORRID is a direct-to-consumer brand of apparel, intimates and accessories in North America aimed at fashionable women who are curvy and wear sizes 10 to 30. TORRID is focused on fit and offers high quality products across a broad assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear and accessories.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231207024479/en/

Investors

Lyn Walther

IR@torrid.com

Media

Joele Frank, Wilkinson Brimmer Katcher

Michael Freitag / Arielle Rothstein / Lyle Weston

Media@torrid.com

Source: Torrid Holdings Inc.

FAQ

Who was promoted to the role of Chief Financial Officer (CFO) at Torrid Holdings Inc. (NYSE: CURV)?

Paula Dempsey was promoted to the role of CFO at Torrid Holdings Inc. (NYSE: CURV).

When did Paula Dempsey assume the role of CFO at Torrid Holdings Inc. (NYSE: CURV)?

Paula Dempsey assumed the role of CFO at Torrid Holdings Inc. (NYSE: CURV) on December 4, 2023.

What is the background of Paula Dempsey, the new CFO at Torrid Holdings Inc. (NYSE: CURV)?

Paula Dempsey has extensive retail experience and has previously held senior leadership roles in publicly-held companies in finance and financial planning and analysis.

What did Lisa Harper, the CEO of Torrid Holdings Inc. (NYSE: CURV), say about Paula Dempsey's promotion?

The CEO expressed confidence in Paula's leadership, citing her as the right person to lead the finance organization.

What did Paula Dempsey say about assuming the role of CFO at Torrid Holdings Inc. (NYSE: CURV)?

Ms. Dempsey expressed excitement about assuming the role of CFO, highlighting the brand's potential for consistent and profitable growth over the long term.