Warren, Mich. — Industry veteran David Ladd has joined Art Van Furniture as vice president–chief financial officer (CFO). Ladd joins Art Van Furniture from an executive leadership position with Sears.
As vice president–CFO, Ladd is responsible for every facet of the company’s finances, including the management of financial risk for Art Van Furniture and its suite of brands, as well as the development and execution of the company’s financial planning.
“David has proven to have the right mix of industry know-how and drive that make him the perfect addition to our growing Art Van Furniture team,” says Kim Yost, CEO of Art Van Furniture. “His vast knowledge of the inner workings of the financial retail landscape will serve as a valuable asset for us as we position our company for sustained significant growth across our suite of brands in the Midwest.”
Prior to joining Art Van Furniture, Ladd acquired more than 20 years of progressively high-level experience in retail finance. He started as an auditor for K-Mart and progressed throughout the Sears organization with several divisional vice president – finance roles, including home services, automotive, supply chain and corporate. Most recently, Ladd served as the vice president–finance, retail stores, during which he was responsible for all 1,500 Sears and K-Mart units.
“Art Van Furniture is a staple in Michigan’s retail industry and having grown up here, I was always very familiar with the organization,” says Ladd. “To have the opportunity to work for such an iconic retailer is very exciting, and I look forward to returning to my home state and being a part of the Art Van Furniture team.”
Art Van Furniture is the Midwest’s largest furniture retailer and America’s largest independent furniture retailer. The company operates more than 100 stores throughout Michigan, Ohio, Indiana, Illinois and Iowa, including freestanding Art Van PureSleep mattress stores, Art Van Flooring stores, and Art Van Furniture franchise locations. Founded in 1959, the company is family-owned and headquartered in Warren, Mich. For more information, visit artvan.com.
SOURCE: Art Van Furniture