Hanesbrands promotes treasurer to CFO role
US clothing company Hanesbrands has chosen an internal candidate to fill its number two management position. The company has promoted its treasurer, Richard Moss, to chief financial officer, effective immediately. It also made three other management changes, including naming Gerald Evans Jr. and William Nictakis as co-chief operating officers.
Hanesbrands also announced that it will close a Gear For Sports subsidiary plant. It will eliminate 125 jobs in Chillicothe, Missouri, by December as it closes an apparel-decorating and screen-printing plant.
Mr Moss, 53, takes over as CFO after serving as treasurer since January 2006.
Moss replaces Lee Wyatt, who resigned in May to pursue opportunities working with turnaround or spinoff companies. The company said it interviewed internal and external candidates for the jobs.
Richard Noll, chairman and chief executive of Hanesbrands, said Moss has been “an instrumental member” of the finance team since the company's spinoff from Sara Lee Corp. in September 2006.
“As CFO, he will add significant value to the company based on his finance skills, knowledge of the business and his past experience as CFO of a publicly traded company,” Mr Noll said.
