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Saks names new executive

Saks Inc. has appointed Michael G. Archbold as executive vice president/chief financial and administration officer of its Saks Fifth Avenue Enterprises business segment.

Archbold will begin his new job Monday, reporting to Kevin Wills, the company's executive vice president (EVP) of finance and chief accounting officer, Saks said in a statement.

A certified public accountant, Archbold has almost 20 years financial experience in the retail industry. Most recently he served as EVP and chief financial officer (CFO)of AutoZone, the nation's leading retailer of automotive parts and accessories. He joined AutoZone in 2002 as senior vice president and CFO. Archbold's has also held financial positions at the booksellers division of Barnes & Noble, Woolworth Corp. (now Foot Locker) and Price Waterhouse (now PricewaterhouseCoopers).

Saks Fifth Avenue Enterprises consists of 55 Saks Fifth Avenue Stores, 50 Saks Off 5th stores and Saks.com. Saks Inc. also owns 181 department stores under the names Parisian, Younkers, Herberger's, Carson Pirie Scott, Bergner's, Boston Store and 53 Club Libby Lu specialty stores.

Saks names new executive

1 comment:

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