Childrenswear maker The Children's Place Retail Stores Inc has announced that Susan Riley, 47, is joining the company as Senior Vice President, Finance on March 13th 2006.
Ms Riley is expected to assume the role of Chief Financial Officer, replacing Hiten Patel who will be leaving the company to pursue other interests. To ensure a smooth and orderly transition, Patel is staying with the company through the filing of its fiscal 2005 Form 10-K, which the company anticipates will be no later than mid-April.
Ms Riley is also expected to assume the role of Chief Financial Officer immediately thereafter and will report directly to Ezra Dabah, Chairman and Chief Executive Officer.
Ms Riley most recently served as CFO of Klinger Advanced Aesthetics. Prior to that, she served as Senior VP, CFO of Abercrombie & Fitch. Before Abercrombie & Fitch, she served as CFO of The Mount Sinai Medical Center in New York.
Previously in her career, Ms Riley held the CFO position at both the Dial Corporation and at Tambrands, Inc. She earned her Bachelor of Science from Rochester Institute of Technology, holds an MBA from Pace University and is a CPA.
"Sue is an excellent addition to our management team and brings a wealth of industry and large company expertise to The Children's Place. I am confident that under Sue's leadership, we will continue the process of creating a world class finance organization which will serve as a strong and necessary backbone to our rapidly growing business," stated Dabah.
marketing@alchempro.com
