EVP and CFO Jeffrey N. Boyer will leave Pier 1 Imports effective Oct. 2, 2017. Boyer will transition to a new CFO role at Fossil Group, where he has been a board member since 2007. Pier 1 will use an executive search firm to help find a new CFO.
“On behalf of Pier 1 Imports’ Board of Directors and management team, we thank Jeff for his financial leadership and many contributions to Pier 1 Imports over the past two years,” said Alasdair James, President and CEO of Pier 1 in a statement. “Jeff manages a strong team that will continue driving our financial functions and supporting our strategy.”
In addition, the company has appointed IT veteran Bhargav J. Shah as SVP and Chief Information Officer, effective immediately. Shah joins Pier 1 with nearly 20 years of broad-based technology, digital and supply chain experience. Shah’s previous roles include CIO and Head of e-Commerce at IntegraCore, a global supply chain management company, and CIO and CTO at online retailer Overstock.com.
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“We are pleased to have someone with Bhargav’s expertise join Pier 1 Imports,” said James. “He brings a diverse skill set that includes IT strategy, cloud computing, artificial intelligence and machine learning, as well as an impressive track record of driving automation and growth. Importantly, we also expect to benefit from his retail systems experience. We look forward to Bhargav’s contributions as our organization focuses on utilizing more data-driven initiatives to fuel efficiency, sophistication and improved performance.”
