Business
Roots Appoints Interim Chief Financial Officer
Roots Appoints Interim Chief Financial Officer Canada NewsWire TORONTO, Aug. 6, ...
About this update from Roots Corp.
[{"type":"text","content":"\n\n\n\nRoots Appoints Interim Chief Financial Officer\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Aug. 6, 2019\n\n\n\nTORONTO, Aug. 6, 2019 /CNW/ - Roots (\"Roots,\" \"Roots Canada\") (TSX: ROOT), a premium outdoor lifestyle brand, today announces that Meghan Roach, Managing Director at Searchlight Capital Partners, has been appointed Interim Chief Financial Officer, effective immediately.\n\n \n \n\n \n\"We are pleased with how our CFO recruitment process is progressing,\" said Jim Gabel, President and CEO, Roots. \"In the meantime, we are glad to have Meghan step in, as we will benefit from her deep understanding of the Roots brand and business, extensive industry expertise and financial leadership.\"\nMs. Roach is joining Roots on an interim basis following the previously announced resignation of the Company's Chief Financial Officer, effective August 9, 2019.\nMs. Roach served on the Roots Board of Directors from 2015, when private investment firm, Searchlight Capital Partners acquired the Company, until Roots Initial Public Offering in October 2017. Ms. Roach holds a Canadian CPA, CA designation, and is currently on the Boards of M&M Food Market and Wellington A and Wellington B, the principal shareholders of Hunter Boot Ltd.\nFollowing Roots Initial Public Offering, Searchlight Capital Partners remains the Company's largest shareholder.\nAbout RootsEstablished in 1973, Roots is a premium outdoor lifestyle brand. We unite the best of cabin and city through unmistakable style built with uncompromising comfort and quality. We offer a broad range of products that embody a comfortable cabin-meets-city style including: women's and men's apparel, leather goods, footwear, accessories, and kids, toddler and baby apparel. Starting from a little cabin in Algonquin Park, Canada, Roots has grown to become a global brand. As of May 4, 2019, we had 114 corporate retail stores in Canada, seven corporate retail stores in the United States, 115 partner-operated stores in Taiwan, 39 partner-operated stores in China, one partner-operated store in H...