Nordstrom CFO Anne Bramman to depart firm

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Nordstrom Inc.
JWN,
+6.13%
mentioned Chief Financial Officer Anne Bramman is leaving the corporate Dec. 2.

Bramman has served as Nordstrom’s finance chief since June 2017. She will stay with the corporate till after it studies third-quarter leads to November.

Michael Maher, Nordstrom’s senior vp and chief accounting officer, will assume the position of interim CFO whereas Nordstrom searches for a everlasting substitute.

Maher joined Nordstrom in 2009 as controller. As chief accounting officer, a put up he has held since 2020, he’s answerable for accounting, monetary planning and evaluation, enterprise growth, treasury and investor relations.

Nordstrom posted sturdy leads to its most up-to-date quarter, because it benefited from continued spending by higher-income consumers whilst shoppers on a finances have pulled again.

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