Tom Stoltz to resign from urban fashion retailer Citi Trends
10 Nov '06
1 min read
Citi Trends Inc announced that Tom Stoltz has resigned as Chief Financial Officer and Senior Vice President of Finance of the Company, effective November 30, 2006, to accept a position with another company.
The Company has initiated a search for his replacement. Mr. Stoltz will assist in the transition of his duties.
In the interim, Christopher Bergen, Director of Financial Reporting, will serve in the role of Principal Financial and Accounting Officer. Mr. Bergen will report directly to Ed Anderson, Chairman and Chief Executive Officer.
Ed Anderson commented, "Tom has played an important role for Citi Trends and has made valuable contributions to the Company's success, including developing a strong and efficient financial reporting infrastructure. We wish him well in his new position."
Tom Stoltz added, "My six years here at Citi Trends have been personally and professionally rewarding. Citi Trends is a wonderful company with a great future and an experienced management team poised to continue executing on that growth potential."
"I have decided to pursue this new opportunity because I believe it is in the best interest of my career and family."
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