Art.com Inc. Announces New Chief Financial Officer.Seasoned Retail Executive to Lead Company's Financial Strategy SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Art.com Inc., a leading authority in wall decor and the world's largest online retailer of posters, prints and framed art, today announced the appointment of Chuck Kurth as chief financial officer. Kurth brings more than 20 years of experience in the retail industry to this role, where he will oversee the company's finance, accounting and legal functions. "We are thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. to welcome Chuck Kurth to our executive team," said Michael Heinstein, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and chairman of the board of Art.com Inc. "His extensive experience as a retail finance leader will be essential in helping Art.com Inc. achieve its long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. vision." Before joining Art.com Inc., Kurth served as executive vice president and chief financial and administrative officer for Mervyns, a regional, value-focused department store chain, where he managed their financial, information technology, human resource and legal functions. Prior to Mervyns, Kurth was vice president of finance and treasurer at Ross Stores, Inc., the nation's second largest off-price retailer. During his tenure at Ross Stores Inc., revenue increased from roughly $2 billion to $5 billion, and the chain grew from less than 200 stores to greater than 700. Kurth has also held the vice president of finance and operations position at the men's division of Hanover Direct and was assistant controller at the Robinson's-May division of May Department Stores The May Department Stores Company was a department store chain founded in 1877 by David May in Leadville, Colorado. Its headquarters moved to St. Louis, Missouri in 1905, and the company went public in 1911. . He began his career with Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing & Co. and received his bachelor's degree from Iowa State University Academics ISU is best known for its degree programs in science, engineering, and agriculture. ISU is also home of the world's first electronic digital computing device, the Atanasoff–Berry Computer. . "I am excited to join the Art.com Inc. executive team." said Kurth. "I look forward to continuing Art.com Inc.'s legacy of success, while taking the company's finance team to new levels of excellence." About Art.com Inc. Art.com Inc. is a leading authority in wall decor and the world's largest online retailer of posters, prints, and framed art. Since 1998, Art.com Inc. has sold high-quality wall decor online to more than eight million customers--including home decorators, businesses, art collectors, and art lovers--in over 200 countries worldwide. The privately-held company is headquartered in Emeryville, Calif., with facilities around the world. For more information, visit www.art.com and www.AllPosters.com. "art.com" and "AllPosters" are trademarks of Art.com Inc. |
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