A former Disney executive has been tasked with overseeing the financial performance of Pacific Sunwear of California, a retailer which recently reported a 7% decline in same-store sales and a net loss of $35 million for its 2010 fourth quarter.
Loehmann's Holding announced that Joan Durkin has been appointed CFO and SVP finance. Durkin will lead the company's financial operations and be a member of Loehmann's senior management team.
Martha Stewart Living Omnimedia announced that Kelli Turner will step down as the company's CFO and will be leaving to join a private company in the near future