Children's Place appoints new finance vp

SECAUCUS, N.J. The Children's Place on Wednesday announced the appointment of Richard Paradise as senior vp of finance. Paradise is expected to assume the role of cfo as soon as the company files its delinquent SEC financial reports. He will report directly to Susan Riley, evp, finance and administration.

Paradise has more than 20 years of finance experience, most recently at American Standard Companies, where he served as vp and cfo of the Bath & Kitchen division. Prior to that, Paradise held a number of senior financial positions with AlliedSignal, Inc. (currently Honeywell International, Inc.), including director of Six Sigma and credit and collections; manager of financial business services; and manager of internal reporting for EMS, a division of AlliedSignal. Paradise began his career as an auditor with PriceWaterhouse.

"Rich brings a solid track record of success in finance, and we are very pleased he is joining our management team at this important time in the life of our company,'' said Riley. "With Rich's significant operational and process experience, he will be instrumental in helping us streamline our business and drive efficiencies across the organization consistent with our focus in these key areas.''