Anurup Pruthi appointed VP and CFO at The Children’s Place

The Children's Place has announced the appointment of Anurup Pruthi as Senior Vice President and Chief Financial Officer, effective December 1, 2014. He will report to Michael Scarpa, Chief Operating Officer.

“I have worked with Anurup for many years. He brings a wealth of relevant industry expertise and I am very pleased to welcome him to The Children's Place,” commented Scarpa, adding, “Anurup's extensive financial and operational background will add significant value to the execution of our strategic initiatives.”

Added Jane Elfers, President and Chief Executive Officer, “Mike Scarpa has spent the past two years building a strong financial team and Anurup's appointment as Chief Financial Officer represents an important next step in our transformation. Anurup's arrival will allow Mike to focus on further accelerating our business transformation initiatives, including international and wholesale opportunities, our seamless retail initiative, fleet rationalization opportunities and improved supply chain performance.”

Pruthi brings over 23 years of financial expertise to The Children's Place. He joins the Company from Reliance Industries, Mumbai, India, where he served as Chief Financial Officer for their 2.5 billion dollars retail business. Prior to Reliance Industries, he served as Chief Executive Officer of the Future Group business consulting and services company; Chief Financial Officer, Global Merchandising and Supply Chain at Burberry; Chief Operating Officer and Chief Financial Officer for Mexx Europe Holding, a subsidiary of Liz Claiborne, and Group Finance Director for Liz Claiborne. He holds a Master's Degree in Finance and Bachelor of Science in Finance from Bentley College.