Genesco on the hunt for new CFO

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Genesco on the hunt for new CFO

By Marianne Wilson - 11/02/2020
Genesco Journeys store

Genesco Inc. has started a search for a new finance head.

The footwear and accessories retailer  announced that Melvin G. Tucker, senior VP and CFO, is resigning, effective November 27,  to pursue an opportunity outside of the company. He will asset in the transition. 

Genesco has started an executive search for a CFO. In the interim, Mimi E. Vaughn, board chair, president and CEO,  will assume the responsibilities. (She previously served as the company’s CFO.) 

In addition, Vaughn will oversee a newly established Office of the CFO to provide additional leadership, which will be co-led by Brently G. Baxter, VP and chief accounting officer, Matthew N. Johnson, VP and treasurer, and Dave Slater, VP of financial planning & analysis and investor relations.   

Genesco said that Tucker's departure is not related to the company’s operations, financial reporting or controls.

“On behalf of the board and executive team, I want to thank Mel for his hard work and contributions to Genesco. We wish Mel all the best in his future endeavors,” said Vaughn. “Our strong team will continue to navigate current pandemic challenges and position Genesco to take advantage of the many opportunities on the other side."

Genesco operates more than 1,475 retail stores throughout the U.S., Canada, the United Kingdom and the Republic of Ireland, principally under the names Journeys, Journeys Kidz, Schuh, Schuh Kids, Little Burgundy and Johnston & Murphy.

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