Coach executive named new CFO at Bon-Ton

The Bon-Ton Stores Inc. has a new finance chief to help the company strengthen its balance sheet.



The retailer has named Nancy A. Walsh to the position of executive VP, CFO of the company, effective Nov. 9. Walsh will have responsibility for Accounting, Treasury, Tax, Credit, Investor Relations, Legal and Internal Audit.



"We are delighted to have Nancy join our executive leadership team," said Kathryn Bufano, president and CEO. "She has a proven track record and brings an extensive financial background and strategic planning experience to Bon-Ton. We also look forward to benefiting from her expertise in capital structure optimization and working capital management as we continue to execute our plan, strengthen our balance sheet and advance our goals."



Walsh has more than 30 years of experience, having held a variety of leadership roles in diverse financial functions throughout her career. She most recently served as senior VP of finance at Coach, Inc., a leading global company marketing accessible luxury handbags and accessories. In this role, Walsh was responsible for all corporate financial risk functions, with a focus on financial and strategic planning, capital structure optimization, cost reduction and cash management.



Previous assignments at Coach included chief risk officer, VP of finance and CFO of its worldwide wholesale division. Walsh has had previous experience as assistant treasurer of Viacom, Inc., a global media and entertainment company, and The Timberland Company, a manufacturer and worldwide retailer of premium footwear and apparel.