William Drozdowski to Serve as Hampshire’s Interim Finance Chief

William Drozdowski has been appointed interim chief financial officer of Hampshire Group Ltd. following the termination earlier this month of Trey Darwin as cfo and treasurer. Drozdowski’s appointment is a result of an agreement between his employer, GRL Capital Advisors, and Hampshire. GRL’s client base consists of companies in the retail, wholesale, manufacturing and distribution industries. Prior to joining GRL in 2006, Drozdowski was financial controller of Urban Brands Inc., which operates the Ashley Stewart retail chain and Web site. Earlier in his career he was director of finance at Petrie Retail Inc. and controller of Petrie Stores Corp. “Bill’s strong background in a broad range of financial management, analysis and turnaround functions makes him a perfect fit to take over leadership of our financial organization for the near term while we seek a permanent cfo,” said Paul Buxbaum, chief executive officer of New York-based Hampshire. Since Darwin’s terminantion on March 2, Hampshire’s finances had been overseen by Buxbaum and David Price, chief operating officer. On the day of Darwin’s firing, Bobby Melnick resigned as a director of Hampshire. He was a member of the audit, compensation and nominating committees of Hampshire’s board. In a Form 8-K filed with the Securities and Exchange Commission, Melnick

Follow WWD on Twitter or become a fan on Facebook.

Read More...



from WWD » Matteo Cielo Stops by Neapolitan Collection http://ift.tt/1FrQ8E8

via IFTTT