8-1-13 9:00 AM EDT | Email Article

Cache Inc., (NASDAQ: CACH), a specialty chain of women’s apparel stores, today announced that Anthony DiPippa (“Tony”) will join the Company as Executive Vice President, Chief Financial Officer on August 7, 2013. Mr. DiPippa, succeeds Margaret Feeney (“Maggie”), who resigned from the Company today, August 1, 2013.

Anthony DiPippa comes to Cache with over 16 years of experience in finance with leading companies including W.B. Mason, Godiva Chocolatier, Dun and Bradstreet and Procter & Gamble. Most recently, he was Chief Financial Officer of W. B. Mason, a $1.2 billion office products and furniture company. At W.B. Mason, Tony upgraded the finance and accounting function to drive process improvement, increase financial discipline and generate cost savings. Prior to W. B. Mason, Tony held the position of Vice President, North America Finance at Godiva Chocolatier where he was responsible for evaluating and executing opportunities for financial planning, strategy, budgeting, business analysis, reporting, pricing analysis and internal controls. While at Godiva, Tony spearheaded profit improvement plans, redesigned and created key financial processes to enhance business analysis and decision-making, and led key elements of the divestiture of Godiva from Campbell’s.

Jay Margolis, Chairman and Chief Executive Officer, commented “We are pleased to have Tony join our executive team as Chief Financial Officer. I know Tony professionally, and his proven track record of success in leading finance teams and developing the processes and disciplines that support long term strategic growth plans make him uniquely suited for this important role. I would also like to thank Maggie for her 21 years of dedicated service to Cache and wish her the best in the future.”

Mr. DiPippa commented: “Cache is a strong brand with a loyal following and significant potential. I look forward to working with Jay and assisting the Company to build a world class finance function supporting the initiatives that are expected to bring about sustained profitable growth.”

Margaret Feeney stated: “I am pleased to be leaving the Company in great hands. My time at Cache has been truly rewarding and I am confident that the team will move the business forward in a positive direction.”

About Cache, Inc.

Cache is a nationwide, mall-based specialty retailer of sophisticated sportswear and social occasion dresses targeting style-conscious women who have a youthful attitude and are self-confident. The Company currently operates 250 stores, primarily situated in central locations in high traffic, upscale malls in 41 states, the Virgin Islands and Puerto Rico.

Certain matters discussed within this press release may constitute forward-looking statements within the meaning of the federal securities laws. Although Cache, Inc. believes the statements are based on reasonable assumptions, there can be no assurance that these expectations will be attained. Actual results and timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including, without limitation, our ability to successfully implement our business strategy and to integrate new members of management, industry trends, merchandise and fashion trends, competition, seasonality, changes in general economic conditions and consumer spending patterns, as well as other risks outlined from time to time in the filings of Cache, Inc. with the Securities and Exchange Commission.

ICR, Inc.
Allison Malkin/Rachel Schacter
(203) 682-8225/(646) 277-1243

Copyright Business Wire 2013
Add a Comment

News   More...

Securities related to this article
Cache, Inc. View cach Stock Quote
Cache, Inc. View cach Stock Quote
Cache Exploration, Inc. View cexpf Stock Quote
Cache Exploration, Inc. View bcx Stock Quote
Cache Exploration, Inc. View cay Stock Quote
Cache Exploration, Inc. View cexpf Stock Quote
 
Start Premium Trial Register For Free

P F Fund Financial Data (13,000+ funds)
P F Stock Financial Data (7,000+ stocks)
P F Stock and Fund Screeners (basic)
P F Investing Articles and Market Commentary
P F Articles Archive (>30 days)
P F Discuss (dozens of stock, fund, bond, and general bulletin boards)
P F Portfolio Manager (basic)
P F Morningstar Investment Classroom
P F Access Your Portfolio Anytime, Anywhere via Your Mobile Device
P   Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)
P   Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)
P   Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)
P   Portfolio Monitor (monthly and on-demand personalized portfolio statements)
P   Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)
P   Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters
P   Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)
P   Discounts on Morningstar newsletters, books, seminars, and more

Sign-up to Morningstar


Basic Access

Articles and Videos
Morningstar video reports, articles, data, and tools. Dig into our lineup of e-newsletters and investing classroom courses outlining sensible strategies for maximizing your investments.
Morningstar Discuss
Follow the buzz on individual stocks or fund families. Plus, read the latest posts from Morningstar members and analysts.
Portfolio Manager
Track your investments and watch lists with our Portfolio Manager. Customize your view with our comprehensive stock, fund, and ETF data.

Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.

Unlimited Access

Analyst Research
Gather in-depth, actionable insight on over 3,700 stock and mutual funds covered by Morningstar analysts. View our mutual fund Analyst Reports favored by professionals, savvy experienced investors, and new investors researching options for retirement savings, college plans, or other investment needs.
Portfolio X-Ray®
Ensure your portfolio is positioned exactly how you want with Morningstar's X-Ray Interpreter and Stock Intersection tools. A Barron's "Best of the Web" award winner for five years running, X-Ray Interpreter goes under the hood of your portfolio to provide a useful allocation, sector, and geographic analysis. And you can discover how much of a stock you really own, individually and through mutual funds, with Stock Intersection.
Investment Picks
Find new 5-star stocks (greatly undervalued companies) to consider daily. Our 5-star stock rating is a proven winner, consistently beating benchmarks like the S&P 500. Plus, browse our Fund Analyst Picks and Stewardship Grades to find shareholder-friendly mutual funds that are poised for outperformance.
Portfolio Monitor
Get a clear view of your investments with personalized reports about your portfolio. Receive monthly statements and generate reports on-demand to help you stay on track to meet your investment goals.

Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.

Content Partners
Morningstar - 2013/8/1 - Cache Announces Management Changes
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Author |  Collection |  Interest |  Popularity

Previous: CAC-Florida Medical Centers Expands to Tampa Bay  |  Next: Cache Announces New Credit Facility with Wells Fargo Capital Finance