Guess?, Inc. Announces CFO Transition
Guess?, Inc. (NYSE: GES) has announced a CFO transition, with Dennis Secor appointed as Interim Chief Financial Officer effective August 26, 2024. Secor, who previously served as Guess? CFO from 2006 to 2012, replaces Markus Neubrand, who is stepping down to pursue an opportunity closer to his family. Neubrand will remain with the company until September 30, 2024, to ensure a smooth transition.
Guess? has initiated a search for a permanent CFO, expected to be based at the company's headquarters in Lugano, Switzerland. CEO Carlos Alberini expressed confidence in Secor's leadership and the existing finance team during this transition period. Secor stated his readiness to contribute to Guess?'s ongoing transformation and value creation for shareholders.
Guess?, Inc. (NYSE: GES) ha annunciato una transizione del CFO, con Dennis Secor nominato Chief Financial Officer ad interim, con effetto dal 26 agosto 2024. Secor, che in precedenza ha ricoperto il ruolo di CFO per Guess? dal 2006 al 2012, sostituisce Markus Neubrand, che si dimette per perseguire un'opportunità più vicina alla sua famiglia. Neubrand rimarrà in azienda fino al 30 settembre 2024, per garantire una transizione fluida.
Guess? ha avviato la ricerca di un CFO permanente, che dovrebbe avere sede presso la sede centrale dell'azienda a Lugano, Svizzera. Il CEO Carlos Alberini ha espresso fiducia nella leadership di Secor e nel team finanziario esistente durante questo periodo di transizione. Secor ha dichiarato di essere pronto a contribuire alla continua trasformazione di Guess? e alla creazione di valore per gli azionisti.
Guess?, Inc. (NYSE: GES) ha anunciado una transición en el CFO, con Dennis Secor nombrado Director Financiero Interino a partir del 26 de agosto de 2024. Secor, quien anteriormente fue CFO de Guess? desde 2006 hasta 2012, reemplaza a Markus Neubrand, quien renuncia para buscar una oportunidad más cercana a su familia. Neubrand permanecerá en la empresa hasta el 30 de septiembre de 2024, para asegurar una transición sin problemas.
Guess? ha iniciado la búsqueda de un CFO permanente, que se espera esté basado en la sede de la empresa en Lugano, Suiza. El CEO Carlos Alberini expresó su confianza en el liderazgo de Secor y en el equipo financiero existente durante este período de transición. Secor declaró su disposición a contribuir a la transformación continua de Guess? y a la creación de valor para los accionistas.
Guess?, Inc. (NYSE: GES)는 CFO 전환을 발표하며, Dennis Secor를 임시 최고 재무 책임자로 임명했다고 2024년 8월 26일부터 효력을 발휘한다고 밝혔습니다. Secor는 2006년부터 2012년까지 Guess?의 CFO를 역임했으며, 가족과 더 가까운 기회를 쫓기 위해 물러나는 Markus Neubrand를 대체합니다. Neubrand는 원활한 전환을 위해 2024년 9월 30일까지 회사에 남아있을 예정입니다.
Guess?는 스위스 루가노에 있는 회사 본사에 기반할 영구 CFO를 찾기 시작했습니다. CEO Carlos Alberini는 이 전환 기간 동안 Secor의 리더십과 기존 재무 팀에 대한 신뢰를 표명했습니다. Secor는 Guess?의 지속적인 변화와 주주 가치를 창출하는 데 기여할 준비가 되어 있다고 밝혔습니다.
Guess?, Inc. (NYSE: GES) a annoncé une transition de CFO, avec Dennis Secor nommé Directeur financier par intérim, effectif à partir du 26 août 2024. Secor, qui a précédemment été CFO de Guess? de 2006 à 2012, remplace Markus Neubrand, qui démissionne pour poursuivre une opportunité plus proche de sa famille. Neubrand restera avec l'entreprise jusqu'au 30 septembre 2024, afin d'assurer une transition en douceur.
Guess? a lancé la recherche d'un CFO permanent, qui devrait être basé au siège de l'entreprise à Lugano, en Suisse. Le PDG Carlos Alberini a exprimé sa confiance dans le leadership de Secor et dans l'équipe financière existante pendant cette période de transition. Secor a déclaré qu'il était prêt à contribuer à la transformation continue de Guess? et à la création de valeur pour les actionnaires.
Guess?, Inc. (NYSE: GES) hat einen CFO-Wechsel angekündigt, bei dem Dennis Secor ab dem 26. August 2024 als Interim Chief Financial Officer ernannt wird. Secor, der von 2006 bis 2012 bereits CFO von Guess? war, ersetzt Markus Neubrand, der zurücktritt, um eine Gelegenheit näher bei seiner Familie zu verfolgen. Neubrand wird bis zum 30. September 2024 im Unternehmen bleiben, um einen reibungslosen Übergang zu gewährleisten.
Guess? hat die Suche nach einem dauerhaften CFO eingeleitet, der voraussichtlich im Hauptquartier des Unternehmens in Lugano, Schweiz, angesiedelt sein wird. CEO Carlos Alberini äußerte Vertrauen in die Führung von Secor und das bestehende Finanzteam während dieser Übergangszeit. Secor erklärte, dass er bereit sei, zur laufenden Transformation von Guess? und zur Wertschöpfung für die Aktionäre beizutragen.
- Appointment of experienced former CFO Dennis Secor as interim CFO
- Smooth transition plan with outgoing CFO remaining until September 30, 2024
- Initiation of search for permanent CFO based in company's Swiss headquarters
- Departure of current CFO Markus Neubrand
- Potential disruption in financial leadership during transition period
Guess? has initiated a search for its next Chief Financial Officer, who is expected to be based out of the Company’s headquarters in Lugano,
“On behalf of the entire Guess? team, I want to thank Markus for his contributions to the growth and success of the Company,” said Carlos Alberini, Guess? Chief Executive Officer. “We wish him all the best as he embarks on his next professional opportunity.”
Mr. Alberini continued, “We are again thankful to Dennis for taking on this important interim role as we conduct our search for our next CFO. With Dennis’s extensive experience and leadership and our strong finance team, we are confident that we will not miss a beat.”
Mr. Secor said, “It’s a transformative time at Guess?, and I am ready to hit the ground running as the team works to build on our forward momentum, strengthen our brands and continue to deliver value for our shareholders.”
About Dennis Secor
Mr. Secor currently serves as Executive Vice President, Finance at Guess?. Throughout his career, Mr. Secor has held numerous Chief Financial Officer positions at both publicly-listed and privately-held companies across a range of industries, including Fossil Group, Electronic Arts Canada, Torrid and Guess?. As Chief Financial Officer of Guess? Between 2006 and 2012, he managed all finance and accounting functions globally and implemented multiple growth and profitability initiatives, maintained a strong capital structure, supported global growth expansion and developed a strong global finance team. He also served as Interim CFO at Guess? from April 2022-July 2023.
About GUESS?, Inc.
Guess?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, eyewear, footwear and other related consumer products. Guess? products are distributed through branded Guess? stores as well as better department and specialty stores around the world. On April 2, 2024, the Company acquired all the operating assets and a
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Guess?, Inc.
Fabrice Benarouche
Senior Vice President Finance, Investor Relations and Chief Accounting Officer
(213) 765-5578
Source: Guess?, Inc.
FAQ
When will Dennis Secor start as Interim CFO of Guess? (GES)?
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