Designer Brands taps The Children's Place exec as CFO
The parent company of Designer Shoe Warehouse (DSW) has found its new finance chief.
Designer Brands Inc. has named Sheamus Toal as executive VP, CFO and principal financial officer, effective Feb. 16. Mark Haley, who has served as interim principal financial officer since the departure of the former finance chief Jared Poff, will return full time to his position as senior VP, controller and principal accounting officer.
Toal joins the footwear giant from The Children's Place, where he served as COO and CFO, overseeing finance and end-to-end operations during his two years with the retailer. Previously, he served as executive VP and CFO of Saatva, a direct-to-consumer mattress brand.
"Sheamus brings an exceptional blend of financial expertise and operational leadership, with a strong track record of navigating complexity and building resilient, high-performing organizations," said Designer Brands CEO Doug Howe. "I am confident his experience working closely with management teams, boards, and the investor community will be invaluable as we continue to execute on our strategic initiatives and drive long-term value for our stakeholders."
Toal also spent more than a decade in senior leadership roles at the multi-brand publicly traded retailer New York & Company, including 12 years as chief financial officer. He later served as CEO of the company for one year.
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"I'm thrilled to have the opportunity to join Designer Brands and work alongside such a talented leadership team during an incredibly exciting and transformative period," said Toal. "I look forward to partnering closely across the organization to build on the strong foundation already in place, strengthen our financial and operational capabilities, and support the company's long-term growth strategy."
Designer Brands operates more than 670 stores across its retail banners DSW, The Shoe Co. and Rubino. Its brand portfolio includes Topo Athletic, Keds, Vince Camuto, Jessica Simpson, Kelly & Katie, Lucky Brand, Mix No. 6 and Crown Vintage.
