finance

Gadget & Kitchen Tools
Wüsthof USA Appoints DeGroot VP/Finance

Wüsthof has appointed Bridget DeGroot as vp/finance at Wüsthof USA, a newly created position for the company. She will begin her new role on November 2 and will report directly to Harald Wüsthof, managing partner of the Wüsthof Group.

Retail
Timm To Succeed Besanko As Kohl’s CFO

Kohl’s said that Bruce Besanko has decided to retire from the company at the end of the fiscal year and will step down from his position as chief financial officer, effective November 1. At that time, Jill Timm, Kohl’s evp/finance, will be promoted to CFO.

Tabletop
Jonathan Adler Gains Capital For Brand Expansion

Jonathan Adler has gained $16 million in working capital from Gordon Brothers and Rosenthal & Rosenthal, Inc., two financing firms. According to Gordon Brothers, the financing is in support of the launch and execution of an exclusive e-commerce brand and product partnership with a major online retailer.

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