Moorestown, N.J. — Judd P. Tirnauer, executive vice president and chief financial officer of Destination Maternity Corporation, the world’s leading maternity apparel retailer, plans to depart the company to take a senior leadership role with a private specialty retailer. He had been with the company for 15 years.
Tirnauer will remain with Destination Maternity until April 22, 2016 to ensure a smooth transition. The company intends to immediately commence a search for a new chief financial officer.
“On behalf of myself, our board and all of our team members, I wish to thank Judd for his many contributions during his time at Destination Maternity and for his support of me over my 18 months with the company,” says Anthony Romano, chief executive officer, president and director. “Judd joined Destination Maternity (then known as Mothers Work, Inc.) in November 2001 as our director of financial planning & analysis and quite impressively ascended through the financial side of the business to eventually become the company’s chief financial officer in 2008. One of Judd’s great accomplishments in that position has been his development of a strong financial team, as well as strong internal control processes, that leave us well positioned as we move forward after his departure. I appreciate his professionalism in offering to help us with an orderly transition before he leaves for his new opportunity and I wish him the best.”
“Following a 15-year career at Destination Maternity, I believe the time is right to make a personal change and pursue a senior leadership role with another specialty retailer,” says Tirnauer.
As of January 30, 2016, Destination Maternity operated 1,815 retail locations in the United States, Canada, Puerto Rico and, most recently, England, including 536 stores, predominantly under the trade names Motherhood Maternity®, A Pea in the Pod® and Destination Maternity®, and 1,279 leased department locations. As of January 30, 2016 Destination Maternity had 193 international franchised locations, including 25 stand-alone stores operated under one of the company’s nameplates and 168 shop-in-shop locations.
SOURCE: Destination Maternity Corporation