• MONEY MAN: Gottschalks Inc. tapped J. Gregory Ambro as chief administrative and financial officer, succeeding Michael Geele, who resigned “to pursue other opportunities” on Oct. 3. Kevin Bradshaw, vice president of finance, had taken over the company’s cfo responsibilities during the search for Geele’s replacement. Ambro comes to Gottschalks with 25 years of experience. Most recently, he was senior vice president and cfo of the now-defunct Bradlees. He also held cfo and real estate positions at Marshalls Inc. and May Department Stores Co. The Fresno, Calif.-based Gottschalks operates 75 units, mainly in California, that posted sales of $150 million in the second quarter of fiscal 2003. Net income was $25,000 in the quarter, reversing a net loss of $2.1 million the year prior. Third-quarter earnings will be released on Nov. 25. Ambro starts Thursday and reports to chief executive officer Jim Famalette.

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