Guess names new CFO
Guess has tapped a luxury brand executive as its next finance head.
The Los Angeles-based fashion apparel brand said it has appointed Markus Neubrand as chief financial officer, effective August 1, following a “rigorous search process.” He will succeed interim CFO Dennis Secor, who will remain with the company as executive VP through March 31, 2024 to support a smooth transition.
Neubrand is currently group CFP of MCM Worldwide (MCM Global AG), a role he has been in since 2021. Previously, Neubrand spent 17 years at Hugo Boss, in roles of increasing responsibility, culminating with his role as COO and CFO of Hugo Boss Americas from 2014 to 2020.
“Markus is an accomplished finance and operating executive who also brings deep apparel industry experience and strong leadership, operational and strategy skills,” stated Carlos Alberini, CEO, Guess. “We look forward to partnering with him as our team continues to execute our business plan and build on the momentum we have generated from our transformation strategy and the elevation of our brands.”
[Read More: Guess streamlines merchandising with digital store replicas]
In addition, Fabrice Benarouche has been promoted to senior VP finance, investor relations and chief accounting officer, effective immediately.
As of January 28, 2023, Guess directly operated 1,046 retail stores in the Americas, Europe and Asia. The company’s partners operated 562 additional retail stores worldwide.