Tween Brands Inc announced that Senior Vice President and Chief Financial Officer Paul C. Carbone has resigned his position effective immediately.
"We truly appreciate Paul's contributions to the business and wish him much success in the future," said Michael W. Rayden, Chairman and Chief Executive Officer for Tween Brands.
The Company further indicated that Mr. Carbone's resignation was not in any way related to a disagreement with, inaccuracies or omissions in the Company's financial reporting and accounting systems.
The Company has initiated a national search for a new chief financial officer. In the interim, President and Chief Operating Officer, Kenneth T. Stevens, has assumed the role of principal financial officer for the company.