Destination Maternity announces departure of CFO

Moorestown-based Destination Maternity Corp., a designer and retailer of maternity clothes, announced that David Stern, executive vice president and chief financial officer, has left the company, effective Aug. 10.

Terms of the departure, the company said, have been agreed upon in a Separation and Release Agreement.

“We are confident in the abilities and talents of our finance and accounting teams and our experienced Chief Accounting Officer, Rodney Schriver,” said Marla A. Ryan, CEO. “They will continue to ensure continuity of our operations and financial reporting until we have identified a candidate to succeed Mr. Stern as our Chief Financial Officer.”

Destination Maternity said it has retained an executive search firm to find a replacement.