VF Corporation appoints new CFO
Branded lifestyle apparel and footwear company VF Corporation has promoted Scott A. Roe, currently VP, controller and chief accounting officer, as CFO. Roe replaces SVP and CFO Robert K. Shearer, who announced plans to retire in March 2015, after 28 years with the company.
“Bob’s commitment to VF, our people, our shareholders and the consumers of our 30-plus brands is unsurpassed,” said Eric C. Wiseman, chairman, president and CEO of VF. “His focus is always on creating shareholder value through growth and an effective business model. Bob has the uncommon ability to be both strategic and execution-minded. Over the years he has been an outstanding partner to me and the rest of the VF management team around the world. While Bob is one of the most accomplished business leaders I have ever worked with, he is an equally successful leader of people. He has led the development of a global finance team that functions as business partners to brand leaders, while instilling a consistently high standard of financial discipline and performance.”
Shearer joined VF in 1986 as assistant controller and was promoted to VP, controller in 1994. He was named VP and CFO in 1998 and was elevated to SVP and CFO in 2005. In that role, he is responsible for leading VF’s global finance, tax, treasury, audit, accounting and controls, financial reporting, real estate, risk management, global business technology, investor relations, aviation and corporate communications organizations.
Roe joined VF in 1996 as an audit manager, and since that time has held multiple positions of increasing responsibility within the company’s finance organization. In 2012, Roe was promoted to VP of finance for VF Corporation, based in Greensboro, N.C., after serving as VP and CFO for VF International, which is headquartered in Switzerland. He was a key participant in building VF’s growing International platform.
Roe began his career as a senior auditor for Ernst & Young, serving Fortune 500 clients in the apparel, manufacturing and service industries. He then held several roles with Blue Circle and Alumax (now part of Alcoa), where he served as division controller prior to joining VF. Roe received a bachelor’s degree in accounting from the University of Tennessee in 1987, and earned his CPA license in 1990.
“Scott Roe brings strong leadership, insight and a deep understanding of VF’s financial model,” Wiseman said. “He has worked closely with Bob and the VF leadership team for many years. He is an active member of our operating committee and has helped to drive the financial success we’ve achieved. Scott is completely and uniquely qualified to succeed Bob.”
VF Corporation’s largest brands are The North Face, Vans, Timberland, Wrangler, Lee and Nautica.