Collective Brands Names CFO Promotion

Topeka, Kan. Collective Brands Inc. said Monday it has promoted Douglas G. Boessen to division senior VP, CFO and treasurer.

Collective Brands, which operates Payless ShoeSource retail stores, said Boessen replaces Ullrich Porzig, who retired this fall. Boessen now reports to Doug Treff, chief administrative officer.

Boessen had been the company's VP, corporate controller, since January 2004.