A month after announcing it would reorganize corporate affairs, Pier 1 Imports said that Deborah Rieger-Paganis will assume the role of interim CFO, effective immediately.
The appointment follows former CFO Nancy Walsh’s departure from the company, and the reporting of its fourth quarter and fiscal year results.
“Deb has a wealth of finance, retail industry and turnaround experience, and we are pleased to have her join the Pier 1 team,” said Cheryl Bachelder, interim CEO. “Deb has worked closely with the leadership team in a consulting capacity in recent months, and I am confident her expertise will continue to be a valuable asset in leading our finance organization. On behalf of Pier 1, I thank Nancy for her contributions and wish her well in her future endeavors.”
Pier 1 also appointed Darla Ramirez, vp/controller of the company’s operating subsidiaries and principal accounting officer, interim principal financial officer.