Duluth Holdings Inc CFO Dave Loretta to Step Down Effective September 15 to Join Another Employment Opportunity, Chief Accounting Officer Will Serve as Interim CFO While the Company Initiated a Search for a Permanent Replacement

Author: Benzinga Newsdesk | August 31, 2023 06:53am

The Company announced today that Dave Loretta has decided to step down as Senior Vice President and Chief Financial Officer on September 15, 2023 to accept an employment opportunity outside the Company.

A formal search process for the selection of a new Chief Financial Officer has been initiated by the Company. Until that process is completed, Michael Murphy, VP, Chief Accounting Officer will also serve as Interim Chief Financial Officer, effective September 15, 2023. Mr. Murphy, age 44, has been in his current position since 2019. Prior to joining the Company, Mr. Murphy served for 3 years as Chief Accounting Officer at First Business Financial Services, Inc. Mr. Murphy's employment experience also includes 8 years at KPMG, LLP in several capacities, including as Senior Manager.

Posted In: DLTH