TAILORED BRANDS NAMES GAP ALUM JACK CALANDRA AS NEW CFO

Tailored Brands, Inc. has announced the appointment of Jack Calandra as executive vice president, chief financial officer and treasurer, effective January 3, 2017. Calandra will oversee corporate finance, accounting, treasury and investor relations. He will also serve on the company’s executive committee and report to Tailored Brand’s president and chief executive officer Doug Ewert.

Calandra succeeds Tailored Brand’s current CFO, Jon Kimmins, who will be leaving to pursue other interests. Kimmins will remain with the company through the end of this calendar year and will assist with Calandra’s transition through March 2017.

“We want to thank Jon for his leadership over the past four years, particularly through the acquisition and subsequent realignment of Jos. A. Bank and the creation of our holding company structure and shared services operating platform,” said Ewert. “We appreciate Jon’s contributions to Tailored Brands and wish him well.”

Calandra joins Tailored Brands from The Gap, Inc. where he was most recently senior vice president, corporate finance and investor relations.  His career at The Gap, Inc. spanned more than ten years and included roles as CFO of the multi-billion dollar Banana Republic Global division and CFO of Gap Direct, the ecommerce division, which achieved significant growth and profitability under his leadership.  While CFO of Gap Direct, Calandra played a key role in the acquisition of Athleta. Prior to joining The Gap, Inc., Calandra served 11 years at Unilever’s North America Division where he held progressively senior accounting and financial leadership roles and advised management on strategic acquisitions.

“Throughout his career, Jack has demonstrated dynamic and strategic financial leadership at Fortune 500 retail and consumer brands and I am pleased to welcome him to Tailored Brands,” added Ewert. “He will be an exceptional addition to our team as we leverage our position as a leading authority on menswear to deliver an unparalleled customer experience in today’s omni-channel world.”

“I am excited to join the team at Tailored Brands at this important inflection point for the business,” said Calandra.  “As the largest men’s specialty retailer of tailored clothing in the U.S. and Canada, we have an amazing platform and I am looking forward to supporting our growth through disciplined financial management.”