Burlington Stores on Monday said Chief Financial Officer John Crimmins will retire from his position on Aug. 31 or the date his successor commences employment, whichever comes first.
Burlington has initiated an external search for a new CFO and, in order to ensure an orderly transition, Crimmins has agreed to provide consulting services through the end of February 2023.
“I greatly appreciate John’s outstanding leadership, tireless dedication and many significant contributions to Burlington over the years,” Burlington CEO Michael O’Sullivan said. “His financial expertise and strong commitment to our shareholders, associates and customers have been invaluable.”
“My 11 years at Burlington have been incredible,” Crimmins said. “It has been a privilege to work alongside Michael and the many talented individuals throughout the company. Our leadership team and our finance organization have never been stronger, and now feels like the right time to transition to the next chapter in my personal life. I am very proud of what we have accomplished together, and I look forward to watching Burlington’s continued development and success.”
Crimmins, 65, became Burlington’s CFO in October 2019 after serving in that capacity on an interim basis since September 2019. Prior to this role, Crimmins was Burlington’s executive vice president, finance. Crimmins first came to Burlington in 2011 as the company’s senior vice president, finance, and chief accounting officer.
Burlington has engaged Egon Zehnder, a global leadership advisory firm, to assist in its external CFO search process.