Guess CFO to depart, interim named
Guess, Inc. is on the hunt for a new chief financial officer.
Markus Neubrand, who joined the company last August, is stepping down from the apparel retailer. Dennis Secor, who currently serves as the executive VP of finance at Guess, has been appointed interim CFO of Guess effective Aug. 26, 2024.
Guess has started the search for its next CFO, who is expected to be based out of the company’s headquarters in Lugano, Switzerland, with the assistance of an executive search firm. Neubrand will remain at Guess through Sept. 30, 2024.
“On behalf of the entire Guess team, I want to thank Markus for his contributions to the growth and success of the company,” said Guess CEO Carlos Alberini. “We wish him all the best as he embarks on his next professional opportunity.”
Throughout his career, Secor has held numerous CFO positions at companies including Fossil Group, Electronic Arts Canada and Torrid. As CFO of Guess between 2006 and 2012, he managed all finance and accounting functions globally and implemented multiple growth and profitability initiatives, maintained a strong capital structure, supported global growth expansion and developed a global finance team. He also served as interim CFO at Guess from April 2022 to July 2023.
[READ MORE: Done Deal: Guess completes acquisition of Rag & Bone]
“We are again thankful to Dennis for taking on this important interim role as we conduct our search for our next CFO,” added Alberini. “With Dennis’s extensive experience and leadership and our strong finance team, we are confident that we will not miss a beat.”
As of May 4, 2024, Guess directly operated 1,048 retail stores in Europe, the Americas and Asia. The company’s partners and distributors operated 533 additional retail stores worldwide in approximately 100 countries.
