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Express names Moellering COO & appoints Dascoli CFO

22 Sep '11
2 min read

Express Inc, the specialty retail apparel chain operating over 600 stores, announced that it has promoted Matthew C. Moellering to the position of Chief Operating Officer and appointed D. Paul Dascoli as Chief Financial Officer. Moellering was previously Chief Administration Officer & Chief Financial Officer.

Prior to Moellering's role as Chief Administration Officer & Chief Financial Officer, he held a number of senior finance positions including Chief Financial Officer since he joined Express in 2006. Before joining Express, he served in various financial positions with Limited Brands and Procter & Gamble. Prior to that, he was an officer in the United States Army.

"I'm pleased to announce the appointment of Matt Moellering as Chief Operating Officer," said Michael Weiss, President and Chief Executive Officer, Express, Inc. "Throughout his tenure at Express, Matt has made significant contributions to the success and growth of our business, including leading the company through our IPO in May of 2010.

As Chief Operating Officer, Matt's notable experience and perspective will enhance his oversight of the day-to-day operations of the business and allow him to focus more time on continuing to advance our four pillars of growth, particularly all of the operational requirements needed for international expansion," he added.

Dascoli's extensive experience includes close to 30 years in a series of financial leadership positions with VF Corporation, Thomasville Furniture Industries, Revlon and PepsiCo. He most recently served as Chief Financial Officer for VF Jeanswear Limited Partnership, a division of VF Corporation, where he played a key role in growing the iconic Wrangler and Lee brands in North and South America. He also serves on the board of Stanley Furniture Company, Inc and is the Chairman of their Audit Committee.

Dascoli will report to Moellering. "We are pleased to have someone of Paul's caliber join Express," said Moellering. "His extensive background and deep finance experience will be an asset as we continue to deliver on Express' four pillars of growth." Dascoli will join Express on September 26 and will be based at the company's headquarters in Columbus, OH.

Express is a specialty apparel and accessories retailer of women's and men's merchandise, targeting the 20 to 30 year old customer. The Company has over 30 years of experience offering a distinct combination of fashion and quality for multiple lifestyle occasions at an attractive value addressing fashion needs across work, casual, jeanswear, and going-out occasions.

Express Inc

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