Dow Jones Newswires: Nordstrom CFO Anne Bramman to leave company

by | Oct 17, 2022 | Stock Market

Nordstrom Inc.
JWN,
+6.13%
said Chief Financial Officer Anne Bramman is leaving the company Dec. 2. Bramman has served as Nordstrom’s finance chief since June 2017. She will remain with the company until after it reports third-quarter results in November. Michael Maher, Nordstrom’s senior vice president and chief accounting officer, will assume the role of interim CFO while Nordstrom searches for a permanent replacement.

Maher joined Nordstrom in 2009 as controller. As chief accounting officer, a post he has held since 2020, he is responsible for accounting, financial planning and analysis, business development, treasury and investor relations. Nordstrom posted strong results in its most recent quarter, as it benefited from continued spending by higher-income shoppers even as consumers on a budget have pulled back.

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