Burlington Stores on Thursday said that, effective Aug. 1, Kristin Wolfe will assume the role of chief financial officer, taking over for John Crimmins, who will vacate the position Aug. 31.
The month overlap will allow for both executives to transition, and Crimmins will provide consulting services to the company through the end of February 2023.
Wolfe joins Burlington from Ross Stores, where she served in a wide range of financial, strategic and operational roles. She most recently served as Ross Stores’ group senior vice president, corporate finance, from 2021 through her resignation in May. Between 2009 and 2021, Wolfe served in a number of other executive roles at Ross Stores. Prior to her career with Ross Stores, Wolfe held various roles over a 10-year period with Bain & Co.
“Kristin is a seasoned finance executive with a track record of leadership in financial, strategic and operational roles. She has deep experience in off-price retail, and I believe that she will be a strong partner as we continue to execute on our Burlington 2.0 strategy. We look forward to welcoming her to the Burlington team,” Burlington CEO Michael O’Sullivan said.
O’Sullivan concluded: “I appreciate John’s outstanding leadership, dedication and important contributions to Burlington over the years. His financial acumen and strong commitment to our stakeholders have been invaluable. John has built an outstanding team, which I am confident will facilitate a seamless transition for Kristin. The board and I are grateful for John’s efforts and accomplishments, and we wish him all the best in retirement.”