The parent company of the American Eagle and Aerie brands has named Mike Mathias executive vice president and chief financial officer, effective immediately.
He will replace Bob Madore, who is leaving the company, but who will remain with the group in a senior advisory role, through September 2020.
“I’m excited to appoint Mike to this role, a position he has been groomed for over the past several years. Mike’s deep knowledge of our business, combined with his operational and financial expertise, has been invaluable to our team as we manage through COVID-19,” said Jay Schottenstein, executive chairman of the board and chief executive officer, in a news statement.
“We know his strategic leadership will continue to be instrumental to AEO as we position ourselves for continued profitable growth.”
In his new role, Mathias will oversee all aspects of finance, including financial planning, accounting, tax, internal audit, treasury and merchandise planning. He will serve as a member of the executive leadership team and report directly to Schottenstein.
Mathias started his career with American Eagle Outfitters over 20 years ago as manager of finance for stores and operations, and has since held leadership positions across finance and operational areas including e-commerce, store finance, Aerie planning, strategy and business development.
From 2016 to 2017, he briefly departed the company to serve as VP, financial planning and analysis at General Nutrition Centers Inc. Most recently, he served as senior vice president, financial planning & analysis.
American Eagle and Aerie stores in the U.S. and Canada remain closed due to the Covid-19 pandemic.