Tailored Brands Inc. has appointed Brandy Richardson as its chief financial officer.
Richardson brings over 20 years of experience in finance, business transformation, strategic planning and execution, capital allocation, investor relations, process improvement and technical accounting. She is recognized as a progressive leader who is known for building and accelerating business performance.
“Brandy joins us at a time when we are well-positioned to accelerate our business strategies, delivering for our customers and positioning each of our brands—and the teams that support them—for long-term success,” said Bob Hull, interim co-CEO of Tailored Brands.
“Brandy brings a wealth of knowledge and experience in managing a portfolio of companies, increasing liquidity, improving capital allocation and driving value creation. Our leadership team and Board of Directors are confident that her forward-thinking leadership is the right fit at the right time.”
In her new role as the CFO, Richardson will serve on the company’s executive committee and will lead enterprise analytics, strategy, real estate, risk management and loss prevention, as well as all aspects of the organization’s finance division.
Prior to joining Tailored Brands, Richardson spent 15 years at Neiman Marcus Group, most recently serving as the executive vice president and chief financial officer. Richardson played a pivotal role in the company’s Chapter 11 restructuring and in refinancing exit debt facilities. Before that, Richardson served in various roles at the company, including senior vice president and chief accounting officer. Richardson has also held internal business and consulting roles with Cardinal Health and Ernst & Young LLP.
“I’m thrilled to join Tailored Brands at such a pivotal inflection point in the company’s journey. This talented team has effectively navigated a number of challenges and, today, is well-positioned to capture the opportunities that lie ahead. I look forward to jumping in to support the company’s ongoing efforts to advance strategic priorities and unlock value,” said Richardson.
Richardson’s role will become effective November 8, 2021.