CEO Andy Cecere confirmed in a Monday memo to employees that Terry Dolan, the lender's chief administration officer who previously served as finance chief, died in a plane crash Saturday.
The department-store chain on Tuesday said Thomas J. Edwards of Capri Holdings will join the company in June, succeeding Adrian Mitchell as CFO and COO.
Rising retirement rates contributed to growing turnover, with 54% of outgoing CFOs either retiring or moving exclusively to board positions, the firm said.
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