Christopher & Banks Names Senior Vice President, CFO

by Nate Hunter

Minneapolis — Christopher & Banks Corporation has appointed Peter Michielutti as senior vice president, chief financial officer, effective April 23, 2012.

 

Minneapolis — Christopher & Banks Corporation has appointed Peter Michielutti as senior vice president, chief financial officer, effective April 23, 2012.

Michielutti brings more than 20 years of financial leadership experience to Christopher & Banks. Most recently he served as senior vice president and chief financial officer at CSM Corporation, a commercial real estate company. He has an extensive retail background, having held the chief financial officer position at Whitehall Jewelers, Wilsons Leather and Fingerhut, in addition to serving as a retail consultant at Prentice Capital.

“Pete and I have worked together in the past and he is an experienced chief financial officer, with a strong retail background as well as extensive operations experience,” says Joel Waller, president and CEO.

Michielutti replaces Michael Lyftogt, who will return to his prior position as chief accounting officer.

Christopher & Banks Corporation is a Minneapolis-based specialty retailer of women’s clothing. As of April 17, 2012, the company operates 672 stores in 44 states consisting of 396 Christopher & Banks stores, 187 stores in their women’s plus size clothing division CJ Banks, 64 dual stores and 25 outlet stores. The company also operates the www.ChristopherandBanks.com and www.CJBanks.com e-commerce websites.







 

SOURCE: Christopher & Banks Corporation

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