Christopher Finazzo, former executive VP and chief merchandising officer for Aeropostale, has been sentenced to eight years in prison after being convicted of defrauding the company and taking more than $25 million in kickbacks from a key vendor.
Christopher Finazzo, 57, who was an executive VP and chief merchandising officer at Aeropostale, was found guilty on Thursday of 14 counts of mail fraud, one count of wire fraud and one count of conspiracy.
Specialty retailer Charming Charlie announced the appointment of four retail executives as part of the ongoing development of the company’s internal structure and another step in its ongoing national expansion, including the opening of 60 retail locations in 2012.
In March, Canadian discounter tb!s the bargain shop promoted U.S. retailing veteran Beryl “Jack” Buley to president and CEO. Buley was recruited by the chain in 2010 as executive VP and chief merchandising officer.