Paradise to Leave The Children’s Place

Susan Riley to reassume role of CFO following his departure.

Richard Paradise, chief financial officer and principal accounting officer of The Children’s Place Retail Stores Inc., will resign his positions Aug. 1.

Susan Riley, executive vice president of finance and administration, will reassume the position of CFO in addition to her current duties.

Paradise, who has been with the Secaucus, N.J.-based company since November 2007, is leaving to pursue an unnamed business opportunity, the company said.