Leather outerwear, accessories and apparel maker Wilsons The Leather Experts Inc announced that Stacy A Kruse, Vice President, Finance and Treasurer of the Company has been promoted to Chief Financial Officer and Treasurer.
Kruse replaces Peter G Michielutti, who has resigned as Executive Vice President, Chief Financial Officer and Chief Operating Officer of the Company.
Prior to joining Wilsons Leather in 2001, Kruse was Director of Finance (Information Systems) at US Bancorp from 1999 to 2001 and held several positions at Carlson Marketing Group from 1995 to 1999, most recently as Director of Operations (Loyalty Division).
Michael Searles, Chief Executive Officer of Wilsons Leather, said, 'They appreciate Pete's service and his contributions to the Company, and they wish him the best in his future endeavors.
As they embark on their goal of creating a new Wilsons Leather experience for their customers they look forward to the contributions that Stacy will make to their team in her new role as Chief Financial Officer and Treasurer.'
Wilsons Leather is the leading specialty retailer of leather outerwear, accessories and apparel in the United States.
As of December 31, 2005, Wilsons Leather operated 428 stores located in 45 states, including 304 mall stores, 110 outlet stores and 14 airport stores.
The Company regularly supplements its permanent mall stores with seasonal stores during its peak selling season from October through January.
Wilsons The Leather Experts Inc
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