Burlington Stores, Inc. Announces Senior Leadership Promotions
January 21, 2017 at 02:45 am IST
Share
Burlington Stores, Inc. announced senior leadership promotions to support the company’s continued growth and recognize key executives who have made significant contributions to the company’s success. These changes will be effective on January 30, 2017. Jennifer Vecchio, the company’s executive vice president/chief merchandising officer since May 2015, will be promoted to the newly created role of chief merchandising officer/principal, and will assume responsibility for the Merchandise Planning, Allocation and MIO functions. Marc Katz, the company’s executive vice president and chief financial officer since January 2015, will be promoted to chief financial officer/principal. In this newly expanded role, Mr. Katz will assume responsibility for the company’s supply chain, procurement, corporate services and asset protection functions, while continuing to serve as the company’s chief financial officer and oversee the information technology group. Fred Hand, the company’s executive vice president of stores since February 2008, will be promoted to the newly created role of chief customer officer/principal. In this position, Mr. Hand will continue to oversee store operations, real estate and store design/construction, and will assume responsibility for marketing, strategy and E-Commerce. All three executives will continue to report to the company’s president and chief executive officer, Thomas A. Kingsbury.
Burlington Stores, Inc. is an off-price retailer of branded apparel, footwear, accessories, and merchandise for the home at everyday low prices. The Companyâs stores offer an extensive selection of in-season, fashion-focused merchandise, including womenâs ready-to-wear apparel, menswear, youth apparel, baby, beauty, footwear, accessories, home, toys, gifts, and coats. It has five distribution centers. Its two east coast distribution centers are located in Edgewater Park, New Jersey and Burlington, New Jersey. Its three west coast distribution centers are located in San Bernardino, California, Redlands, California, and Riverside, California. These five distribution centers occupy an aggregate of about 4,106,000 square feet, and each includes processing, shipping, and storage capabilities. In addition to the distribution centers, it has arrangements with third parties for the use of pool point facilities. It operates about 1007 stores, principally under the name Burlington Stores.