J.Jill Announces The Appointment Of Mark Webb As New CFO

QUINCY, Mass. — April 15, 2019 — J.Jill Inc. today announced the appointment of Mark Webb as executive vice president, CFO, effective May 1, 2019. Webb will be overseeing finance, tax, accounting, treasury, investor relations, business analytics, company planning and real estate, and will report to J.Jill’s CEO Linda Heasley. The company had previously announced that CEO and COO Dave Biese will be leaving the company on April 30, 2019.

Webb joins J.Jill with more than 23 years of experience as a finance professional in the retail industry with experience launching, running, and optimizing multi-channel retail businesses. Most recently, Webb was senior vice president, chief financial planning & analysis and treasury officer at Hudson’s Bay Co. He previously was with Gap Inc. from 1995 through 2017 in multiple leadership roles including senior vice president, CFO, Gap Brand and Intermix. His experience includes business plan development, business optimization, financial planning and analysis, strategy, testing and analytics, inventory control, capital allocation, logistics and distribution, investor relations, brand portfolio management and planning.

“Mark has an impressive track record and a broad range of experience at major retail companies, including during times of significant growth and industry change in his more than 20 years at Gap, Inc.,” said Heasley. “We look forward to building upon the strong disciplines that Dave Biese and his team have put in place over the past decade, and Mark’s strategic insights and leadership abilities will be integral to our long-term success.”

Heasley continued: “Mark joins other important hires at J.Jill. Over the past nine months, we have added Elliot Staples as senior vice president of design, Brian Beitler as executive vice president, chief marketing and brand development officer, and Shelley Liebsch as senior vice president, chief merchandising officer. The experience and proven leadership that all four of these hires bring to the company in their respective fields has me very excited about what J.Jill can accomplish over the coming years.”

“I am excited to be joining a company with such a long history of serving a loyal and underserved core customer base,” Mark Webb added. “J.Jill has a very attractive model that includes a healthy balance of e-commerce and retail store sales, a very strong store fleet and real estate profile, and a seasoned team of retail veterans, all together presenting meaningful opportunities for profitable growth.”

Posted April 15, 2019

Source: J.Jill

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