Another retail CFO moves on

Another day, another finance chief at a well-known retailer is leaving.



Jane Hamilton Nielsen, CFO at Coach Inc., will be departing the company to pursue another opportunity. In order to facilitate a smooth transition, Nielsen is expected to stay into August 2016. The company is commencing a search for her permanent successor with Crist Kolder Associates. Andrea Shaw Resnick, global head of investor relations and corporate communications, will be appointed interim CFO until a permanent appointment is made.



“During her tenure, Jane has played an important role as our leadership team’s finance partner and we wish her the best of luck as she embarks on her next chapter,” said Victor Luis, CEO of Coach Inc. “In addition, we are delighted to announce our intention to have Andrea, a seasoned Coach veteran with more than 30 years of finance experience, assume the position of interim CFO.”



Nielsen has served as CFO of Coach since 2011. Previous positions include CFO of PepsiCo Beverages Americas. Other retailers who have recently announced changes in the CFO role include Michaels, DSW, Conn’s, Sears and Best Buy.