Men’s Wearhouse hunts for new CFO

Neill Davis has resigned as CFO at Men’s Wearhouse.

The specialty retailer announced the departure of Davis and indicated he had accepted the position of president at women’s specialty retailer Francesca’s Holding where he has served as a director for the past five years.

Davis’ last day with Men’s Wearhouse will be Aug. 2, according to the company.

"Neill has been an integral part of our senior management team for the past 15 years and he will be missed. We wish him well in his new endeavor,” said Doug Ewert, Men's Wearhouse president and CEO.

Filling the CFO void on an interim basis is Diana Wilson, the company’s EVP and chief accounting officer. She will work closely with vice chairman David Edwab, who held the role of CFO from 1991 to 1999.

“We are very fortunate to have both Diana and David available to assist the company as it carefully considers how best to fill the chief financial officer position on a permanent basis,” Ewert said.

Wilson has served as chief accounting officer since 2003 and joined the company in March 1999 following a lengthy career in public accounting.

In addition, the company announced that Kelly Dilts, VP finance and accounting, will become the chief accounting officer.

"Kelly has been with the company since 1998 and has been co-leader of our financial strategies group for the past 10 years,” Ewart said. “She works closely with merchandising, store operations, distribution and other functional groups and has been instrumental in developing our support services teams in Houston."

Men's Wearhouse is one of North America's largest specialty retailers of men's apparel with 1,162 stores.