Kirkland’s has named a former executive of the company as its new CFO.
It’s a homecoming for the new finance head of Kirkland's, who previously spent 18 years with the company.
The home décor and accessories company has appointed Mike Madden as CFO, effective Sept. 1. He succeeds CFO and COO Nicole Strain, who is leaving the company at the end of August. (The responsibilities within the role of COO have been assigned to other senior members of the operations team.)
Most recently, Madden served as CFO at Priam Properties, a private real estate investment firm that focuses on multi-tenant office properties across high-growth markets in the U.S. Prior to joining Priam Properties in 2018, he spent more than 18 years at Kirkland's Home in various senior leadership and executive roles, including serving as president and CEO from 2015 to 2018.
"We are pleased to welcome Mike to Kirkland's Home to lead the finance side of our organization during this transformative period," said Steve "Woody" Woodward, president and CEO of Kirkland's Home. "Having a proven executive with extensive financial prowess will be invaluable as we continue to navigate the current macroeconomic challenges. As a veteran of the company, Mike brings a high level of familiarity with our accounting and financial controls, along with the broader operations, that we feel is critical for a swift and seamless transition into the role of CFO."
Prior to Madden's first stint at Kirkland's Home, he was the assistant controller at Trammell Crow Company, an independently operated subsidiary of CBRE, the world's largest real estate services firm.
“I believe that with the substantial progress the Company has made in recent years there is an opportunity to unlock significant value and position Kirkland's Home as a leader in our niche of the home décor industry,” Madden said. “Through my past experience with the company, I have a deep understanding of the organization and I feel well equipped to hit the ground running on day one. I look forward to leading our finance operations to further develop and execute our growth strategy, with the goal of realizing long-term value for our shareholders."
Kirkland's operates 355 stores in 35 states as well as an e-commerce website, under the Kirkland's Home brand.