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Shuffle Board: New JCP CFO, Chargeurs Names North American GM, New Directors at Eastman, FedEx, Fabric

Retail

JCPenney

JCPenney appointed Stephanie Plaines as chief financial officer (CFO).

Plaines will lead all financial activities across the company, including financial strategy, real estate, capital deployment, credit services, sourcing and procurement, treasury and accounting.

She most recently served as CFO at Jones Lang LaSalle, a global commercial real estate services company. She also brings experience as a senior executive at companies including Starbucks, Walmart and Ahold Delhaize.

Textiles

Chargeurs

J.C. Penney appointed Stephanie Plaines as chief financial officer and Chargeurs PCC appointed Nancy Braunstein GM for North America.
Nancy Braunstein Courtesy

Chargeurs PCC, an apparel interlinings manufacturer, appointed Nancy Braunstein as general manager for North America.

Braunstein, who is based in New York, reports to Gianluca Tanzi, CEO of Chargeurs PCC and Chargeurs Luxury Materials. She will be responsible for driving profitability, efficiency and sustainability across the North America division.

Prior to joining Chargeurs PCC, Braunstein served as business development manager for Naia Fibers at Eastman Chemical Company, where she supported the company’s launch of its sustainable Naia cellulosic fiber business in the fashion industry.

Apparel Impact Institute

The Apparel Impact Institute (Aii) announced Kay Bloomberg as chief of staff.

In this position, Bloomberg will be responsible for the execution of internal projects and for supporting strategic stakeholder relationships. Prior to joining Aii, Bloomberg led operations at early-stage startups and scaleups in the education technology space.

Eastman

The board of directors of Eastman Chemical Company elected Eric L. Butler as a director.

Butler is the former executive vice president and chief administrative officer of Union Pacific Corporation.

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Eastman is a global specialty materials company that produces a broad range of products in fibers, transportation, building and construction. The company had 2021 revenues of $10.5 billion and is headquartered in Kingsport, Tenn.

Inversa Leathers

Inversa Leathers, a regenerative exotic leather, welcomed designer Yotam Solomon to its advisory board.

Solomon, previously the creative director and fashion designer behind Newlight Technologies’ carbon negative fashion brand Covalent, aims to provide strategic guidance and support to the company’s continued growth.

Inversa Leathers says the leather it created protects biodiversity. The first product line, invasive lionfish leather, was launched with a Le Bon Marche Paris drop with Italian footwear brand P448.

Foursource Group

Foursource Group GmbH, a B2B sourcing platform for apparel and textiles, appointed Fernando Martins as its chief product officer (CPO).

Martins now leads Foursource’s product strategy, development and innovation. As CPO, he oversees the development and deployment of the company’s next generation of product offerings.

Logistics

FedEx

FedEx Corporation announced that retired Navy vice admiral Nancy A. Norton and Stephen E. Gorman were nominated for election to the board of directors at the annual meeting of stockholders on Sept. 19.

Norton led the Department of Defense’s cyber activities, where she was responsible for organizing, training and equipping members of the military and civilian staff and command and control of joint forces to secure, operate, and defend the Department of Defense Information Network.

Gorman retired as the CEO of Air Methods Corporation, a domestic provider in the air medical market, in 2020.

If elected, Norton will serve on the Cyber and Technology Oversight Committee and the Compensation and Human Resources Committee, and Gorman will serve on the Governance, Safety and Public Policy Committee and the Cyber and Technology Oversight Committee.

Trade Shows

Copenhagen International Fashion Fair

J.C. Penney appointed Stephanie Plaines as chief financial officer and Chargeurs PCC appointed Nancy Braunstein GM for North America.
Sofie Dolva Courtesy

Sofie Dolva was named director of the Copenhagen International Fashion Fair (CIFF).

Dolva assumes responsibility of operating and developing the fair, brand collaborations and new areas of business. Launched in 1993, CIFF has grown to become a fixture on the international fashion calendar as the primary and longest running fashion trade event in Northern Europe, taking place twice annually and bringing together brands, buyers and industry from across the region and beyond.

Finance

Gordon Brothers

J.C. Penney appointed Stephanie Plaines as chief financial officer and Chargeurs PCC appointed Nancy Braunstein GM for North America.
Frank Morton Courtesy

Gordon Brothers, a global advisory, restructuring and investment firm, has promoted Frank Morton to lead the firm’s disposition, financing and investment offerings across retail, brands, commercial and industrial globally as chief investment officer. Morton will also join the board of directors.

Based in Boston, Morton most recently was CEO, International, where he significantly increased the firm’s presence, growing the business in Europe and expanding into Japan, Australia, Singapore and South America. Morton joined Gordon Brothers in 2005 following the acquisition of Ozer Group where he was chief merchant.

Technology

Fabric

Fabric, a headless commerce platform, named Sandra Campos to its board of directors.

Fabric partnered with the Latino Corporate Directors Association who helped identify talented individuals ready for director roles. Campos joins the board as the company’s first independent director.

Campos previously served as CEO of Diane von Furstenberg, co-president of Women’s Apparel Group at Centric Brands, president of O Oscar and senior vice president at Polo Ralph Lauren and Nautica.

Fabric is a component of the modern commerce stack, with customers such as BuildDirect and GNC tapping the company’s open and modular design that allows them to be live within a few months without having to re-platform.