Jane Hamilton Nielsen, chief financial officer of Coach Inc., has resigned from the company.
Nielsen, who plans to pursue another opportunity, will stay until August to facilitate a smooth transition. The company has begun a search for her permanent successor with executive search firm Crist Kolder Associates.
Andrew Shaw Resnick, global head of investor relations and corporate communications, has been appointed interim cfo until a permanent appointment is made.
Nielsen joined Coach in September 2011 as executive vice president and cfo. Before that she was cfo of PepsiCo Beverages Americas.
In April, Coach said it planned to cut two of its senior management roles as well as 300 other jobs as it pushes toward the goal of a 20 percent operating margin for the Coach brand in fiscal 2017. The accessories brand said the management shake-up and job cuts would help it become an “agile and scalable business model.” Coach divulged the plan as it reported the company’s first quarterly profit growth in three years, aided by overseas markets. At the time, it was reported that both Gebhard F. Rainer, president and chief operating officer, and David Duplantis, president, global marketing, digital and consumer experience, would be leaving the company.