Phoenix Footwear announces major operational re-alignment
25 Oct '07
3 min read
Phoenix Footwear Group Inc, a multi-brand footwear and accessories company announced an organizational re-alignment to better support its ongoing business improvement efforts. Cathy Taylor, President and Chief Executive Officer, commented, "As part of our ongoing assessment of the business, we have implemented a number of management changes that we believe will help to strengthen the team and improve financial performance. I am pleased to be able to announce the majority of these key organizational changes."
Scott Sporrer, currently the Company's Controller, has been appointed Interim Chief Financial Officer. Scott has extensive experience with Phoenix Footwear having served as the Company's corporate controller since 2005.
Prior to Phoenix Footwear, Scott, a Certified Public Accountant, served as a Senior Associate at Relational Advisors LLC, where he advised middle market and Fortune 500 clients on mergers and acquisitions, private financings, and shareholder matters.
Scott began his career at Ernst & Young providing auditing and consulting services over a six year period. Ken Wolf has resigned his position as Chief Financial Officer, effective November 15, and will assist in the transition over the next month.
Ms. Taylor said, "We are fortunate and pleased to have Scott assume the role of Chief Financial Officer of Phoenix Footwear. Scott has been a key member of the accounting and finance team for years and we expect him to easily transition into his new role and continue as a strong member of our executive management team. We wish Ken well on his new endeavors and thank him for his superior service."
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