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J.Crew appoints James S Scully as CFO

Aug '05
Fashion retailer J.Crew Group announced that James S. Scully has been appointed Executive Vice President (EVP), Chief Financial Officer (CFO), and effective September 7, 2005. He will report to Millard Drexler, Chairman and CEO. Mr. Scully, 40, brings extensive financial, retail and management experience to his new position. Prior to joining J.Crew, Mr. Scully spent over eight years with Saks Incorporated.

At Saks Inc, Mr. Scully was Vice President (VP), Treasurer from 1997 through 1999 and then was named Senior Vice President of Strategic and Financial Planning. In 2004, Mr. Scully was appointed to his most recent post as Executive Vice President, Strategic Planning and Human Resources.

"They are pleased to have Jim join leadership team," said Drexler. "His financial talents and management experience will be invaluable as company continues to grow and looks toward the future."

Mr. Scully began his career in 1989 in the banking industry at Shawmut Bank in Connecticut and joined NationsBank in 1994 as Senior Vice President, Corporate Finance. Mr. Scully received his undergraduate degree from Siena College in Loundonville, NY.

Nation's recognized fashion retailer J.Crew Group offers men's and women's apparel, shoes and accessories. It operates 157 retail stores and 43 factory outlet stores. J.Crew started in 1983, when the first catalog was launched. Since then, the business has expanded to that of an iconic American brand known worldwide for its sophisticated, fun clothing and accessories to live, work, play and even get married in.

J.Crew Group

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