Spiegel Names New CFO

The past few weeks haven’t been the best of times for The Spiegel Group to be without a chief financial officer. But two weeks after James Cannataro resigned to join Nintendo of America, Spiegel named James Brewster to replace him. For the past 10 years Brewster has been senior vice president/chief financial officer for Spiegel’s Newport News division.

Brewster, who had been with Newport News since 1986, has plenty of work waiting for him. The Securities and Exchange Commission has informed Spiegel that it would recommend an action be taken against the debt-laden company. What’s more, in an 8-K report on Feb. 26 the company admitted that it may not have the funds to finance ongoing operations.

Spiegel also promoted John Steele to senior vice president/treasurer from vice president/treasurer, reporting to president/CEO Martin Zaepfel.

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
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.