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US' Vince Holding Corp announces CFO transition

13 Mar '25
2 min read
US' Vince Holding Corp announces CFO transition
Pic: Robert - stock.adobe.com

Insights

  • Vince Holding Corp has announced that CFO John Szczepanski will step down on March 28, 2025, with VP, Controller Yuji Okumura as Interim CFO.
  • The company reaffirmed its fiscal 2024 guidance but is evaluating potential goodwill impairment due to the P180 acquisition.
  • Final results are subject to year-end closing procedures, and any impairment could impact financial results.
Vince Holding Corp., (NYSE: VNCE) (“VNCE” or the “Company”), a global contemporary retailer, today announced that John Szczepanski is stepping down as Chief Financial Officer to pursue another opportunity, effective March 28, 2025. Yuji Okumura, VNCE’s current Vice President, Controller, will assume the role of Interim Chief Financial Officer, immediately following Mr. Szczepanski’s departure.

“On behalf of the entire team, I want to thank John for his contributions and leadership during this transformative time in Vince’s history. We wish him all the best in his future endeavors,” commented Brendan Hoffman, Chief Executive Officer of VNCE. “I have worked with Yuji previously and I have the utmost confidence in his ability to lead our accounting and finance organization and ensure a seamless transition. Yuji brings valuable experience and a deep understanding of our financial operations that will be instrumental as we enter a new chapter for the company. This internal promotion also reflects our commitment to recognizing talent within our organization and ensures strong leadership continuity.”

Mr. Okumura has nearly two decades of experience in accounting and financial reporting. He has served as the Company’s Vice President, Controller since 2020 after originally joining the organization in 2018 as its Director of Financial Reporting. Prior to Vince Holding Corp., Mr. Okumura worked for over 11 years in public accounting at KPMG US.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)

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