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US' Vince appoints Amy Levy as CFO

24 Jan '23
3 min read
Pic: Shutterstock/ JHVEPhoto
Pic: Shutterstock/ JHVEPhoto

American luxury apparel brand Vince has appointed Amy Levy, senior vice president, financial planning, and analysis and investor relations, as chief financial officer (CFO). Levy will succeed David Stefko, who has decided to retire, and will step down from his position effective February 10, 2023. Stefko will remain with the company in an advisor role to provide guidance and ensure a smooth transition through May 2023.

Amy Levy is a tenured and senior member of the Vince leadership team. As senior vice president of finance, she oversees 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 organisation, according to a press release by Vince.

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. She also previously served on the finance team at Esprit. Levy holds a BS in finance from Lehigh University.

“Dave has been a trusted partner and pivotal leader for Vince over the past eight years. Prior to my joining, he was instrumental in leading the organisation 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,” commented Jack Schwefel, chief executive officer.

“I am also very pleased to announce the appointment of Amy Levy to the chief financial officer role. Amy has been an integral part of our leadership team since joining Vince. She has worked closely with Dave during her tenure, and together they have established a strong finance department. I am confident, that together with our talented teams, Amy will continue to be instrumental in delivering on our key strategies,” added Schwefel.

“It has been a privilege to be a part of the Vince team and to work with such an amazing group of talented individuals for the last eight years. Amy is well qualified to lead Vince’s finance organisation into its next chapter, and I look forward to following the company’s success in the years ahead,” said Stefko.

“I am honoured to take on this new role and expanded responsibility for Vince. Under Dave’s leadership we have built a strong finance organisation, and I look forward to continuing to deliver against our objectives while returning value to all of our stakeholders,” commented Levy.

Fibre2Fashion News Desk (NB)

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