Hanover hires new CFO

On Jan. 17, Hanover Direct named Edward Lambert executive vice president/chief financial officer. He succeeds Brian Harriss, who resigned. The changeover takes effect Jan. 28. During the next year Harriss plans to continue with Hanover in an advisory role, focusing on banking, legal, and restructuring matters.

Prior to joining Weehawken, NJ-based Hanover, Lambert worked with Hanover president/chairman Thomas Shull as cofounder/managing director of Meridian Ventures. Since the second half of 2001, Lambert has been advising Hanover on matters of strategic analysis and valuation related to potential asset dispositions. “He joins the company with an understanding of our strategic business realignment program and objectives,” Shull said in a statement.

Just last week, Shull was named chairman of the board, replacing Eloy Michotte, who along with fellow board member Alan Grieve resigned on Dec. 20. Hanover also appointed E. Pendleton James to the board to fill Grieve’s post.

Partner Content

3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Build the Foundation for Great Customer Experiences - NetSuite
Understand how consistent, timely, relevant and personalized experiences are enabled by having the right technology foundation in place.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.