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Former Hollister CFO returns to lead Abercrombie & Fitch finance function

Abercrombie & Fitch has appointed Scott Lipesky as senior vice president and chief financial officer.

FASHION

Former Hollister CFO returns to lead Abercrombie & Fitch finance function

Abercrombie & Fitch has appointed Scott Lipesky as senior vice president and chief financial officer.

Due to take up his position on 2 October, Lipesky has more than 20 years' experience in the retail and manufacturing sectors in financial planning & analysis, corporate finance, merchandise planning, accounting, and treasury. This includes nine years with Abercrombie & Fitch where his most recent role was chief financial officer of Hollister.

Lipesky will join the company from American Signature, a privately-held home furnishings company, where he was also chief financial officer. In addition, his experience includes roles as corporate finance director with FTI Consulting, a global financial services advisory firm, and director of corporate business development with The Goodyear Tire & Rubber Company.

In his new position, Lipesky will oversee corporate finance, FP&A, financial reporting, risk management, tax, and treasury for Abercrombie & Fitch.

He will report to Abercrombie & Fitch’s executive vice president and chief operating officer, Joanne Crevoiserat, who has continued to serve as chief financial officer after her promotion to chief operating officer in February.

Crevoiserat said: "We are pleased to welcome Scott back to Abercrombie & Fitch. Having previously spent nine successful years with us, Scott has strong relationships here and an intimate knowledge of our business and culture that will serve him and the company well, as we continue to execute aggressively against our strategic plan."

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