Destination Maternity Names Executive Vice President & CFO

by Katie Lee

Moorestown, N.J. — Destination Maternity Corporation, the world’s leading maternity apparel retailer, has named David Stern as executive vice president and chief financial officer. He will oversee the finance and accounting, real estate, loss prevention and procurement areas of the company, reporting to Anthony M. Romano, chief executive officer and president. 

“I am pleased to have Dave join our team at Destination Maternity,” says Romano. “He is a talented executive with broad retail experience and a proven track record in optimizing and growing retail locations and unlocking operational efficiencies across functional areas.”

Stern has significant financial experience in the retail industry. From 2012 until 2016, he served as executive vice president and chief financial officer of Pep Boys – Manny, Moe & Jack. Prior to joining Pep Boys, he served as executive vice president, chief administrative officer and CFO of A.C. Moore Arts and Crafts. From 2007 until 2009, Stern was at Coldwater Creek.

As of April 30, 2016 Destination Maternity operated 1,487 retail locations in the United States, Canada, Puerto Rico and, most recently, England, including 530 stores, predominantly under the trade names Motherhood Maternity®, A Pea in the Pod® and Destination Maternity®, and 957 leased department locations. As of April 30, 2016 Destination Maternity had 203 international franchised locations, including 23 standalone stores operated under one of the company’s nameplates and 180 shop-in-shop locations.

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SOURCE: Destination Maternity Corporation

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