Vince names new CFO
Vince Holdings announced on Friday the appointment of Amy Levy to the role of chief financial officer, effective February 10, coinciding with the retirement of current CFO, David Stefko.
Stefko will remain with the company in an advisor role to provide guidance and ensure a smooth transition through May 2023.
Levy was formerly Vince’s senior vice president, financial planning and analysis and investor relations, where she oversaw multiple functions including treasury, FP&A, investor relations and all facets of retail, wholesale and corporate planning, as well as plays a pivotal role with the company’s accounting organization.
Prior to joining Vince in 2016, Levy served as a senior member of the finance team at Michael Kors where she held various responsibilities within the corporate financial planning and analysis function.
"Dave has been a trusted partner and pivotal leader for Vince over the past eight years," said Jack Schwefel, CEO, Vince Holdings. "Prior to my joining, he was instrumental in leading the organization as interim CEO, and his contributions beyond that have been many. He has helped to transform our business and grow the Vince brand while developing a strong team of experienced leaders. We appreciate his continued support and guidance, and wish him all the best in his retirement.”
In its most recent trading update in December, the New York-based company said net sales increased 12.7% to $98.6 million, compared to $87.5 million in the same period last year, reflecting a 14.4% increase in Vince brand sales and a 2.2% decrease in Rebecca Taylor and Parker sales, combined.
In September, Vince announced plans to shutter its Rebecca Taylor, "to focus on Vince’s core businesses and our overall financial foundation for the long-term."
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