ST. LOUIS--(BUSINESS WIRE)--Brown Shoe Company (NYSE: BWS)(brownshoe.com)
today announced Kenneth Hannah has been named senior vice president and
chief financial officer of the company, replacing Russ Hammer as of
February 16, 2015.
“We’re excited to have a dynamic leader like Ken Hannah join us as CFO,”
said Diane Sullivan, CEO, president and chairman of Brown Shoe Company.
“His strong finance background and executive experience -- combined with
his deep understanding of retail -- will help Brown Shoe Company, as we
drive toward achieving our long-term financial targets.”
“I’d also like to thank Russ Hammer for his contributions to Brown Shoe
Company over the past three years,” continued Sullivan. “His efforts
have helped us build the groundwork for the future of the company.”
Hannah will have responsibility for the company’s finance, accounting,
treasury, external reporting, tax, real estate and investor relations
functions. He will be based at Brown Shoe Company’s corporate
headquarters in St. Louis.
“I’m looking forward to joining Brown Shoe Company, as they continue to
grow and evolve,” said Hannah. “There is a great deal of opportunity in
the footwear industry, and I’m excited to help Brown Shoe Company as it
continues to move forward and redefine itself as a company.
Hannah most recently served as executive vice president and chief
financial officer of JC Penney Company, Inc. Prior to that time, he
served in multiple executive roles at SunEdison (formerly MEMC
Electronic Materials), including president of Solar Energy and of Solar
Materials and as vice president and CFO. Hannah also held executive
positions at The Home Depot, and these included senior vice president of
Operations, senior vice president of Finance, and vice president of
Financial Planning and Analysis. Earlier in his career, he served in
various finance roles of increasing responsibility at The Boeing
Company, General Electric Company and McDonnell Douglas Corporation.
Hannah holds a Bachelor of Science in Finance from Southern Illinois
University and a Master of Business Administration from St. Louis
University.
About Brown Shoe Company
Brown Shoe Company is a $2.5 billion, global, footwear company whose
shoes are worn by people of all ages, from all walks of life. Our
products are available virtually everywhere — in the over 1,200 Famous
Footwear and Naturalizer retail stores we operate, in hundreds of major
department and specialty stores, on 13 branded ecommerce sites, and on
many additional third-party retail websites. Through our broad range of
products, we serve three key market segments. Our Family brands — Famous
Footwear and Famous.com — are one-stop-shopping destinations for high
quality, affordable styles for a family’s every occasion. Active people
who want comfort, style and performance, can look to our Healthy Living
brands — Naturalizer, Dr. Scholl's, LifeStride and Ryka. Our
Contemporary Fashion brands — Sam Edelman, Franco Sarto, Via Spiga,
Vince, Carlos Santana and Fergie Footwear — keep fashionistas in step
with the latest trends. At Brown Shoe Company, we inspire people to feel
good and live better... feet first!
