American Eagle Outfitters names a new CFO

American Eagle Outfitters has announced a change in its c-suite.

The teen apparel retailer named Mike Mathias as executive VP and CFO, effective immediately. He succeeds Bob Madore, who is leaving the company. Madore will remain with AEO in a senior advisory role reporting to chairman and CEO Jay Schottenstein through September 2020.

Since 2017, Mathias has served as AEO’s senior VP and head of financial planning & analysis and has more than 20 years of experience in the retail sector. He started his career with AEO in 1998 as manager of finance for stores and operations, rising through the organization with progressive leadership positions across finance and operational areas including e-commerce, store finance, Aerie planning, strategy and business development. From 2016 to 2017, he departed AEO to serve as VP, financial planning and analysis at General Nutrition Centers. 

“I’m excited to appoint Mike to this role, a position he has been groomed for over the past several years,” said Jay Schottenstein. “Mike’s deep knowledge of our business, combined with his operational and financial expertise, has been invaluable to our team as we manage through COVID-19.”