Minneapolis / St. Paul Business Journal by , Web Producer Related: Banking & Financial Services, Commercial Real Estate, Retailing & Restaurants Wikimedia Commons, Steve Morgan Web Producer - Minneapolis / St. Paul Business Journal Email | Twitter | Facebook | LinkedIn Struggling Christopher & Banks Corp. Christopher & Banks Corp. Latest from The Business Journals Follow this company made another change at the top of its organization Tuesday. The women's apparel retailer said Chief Financial Officer Michael Lyftogt was returning to his previous position as chief accounting officer.
Minneapolis -- Christopher & Banks Corp. announced that Peter Michielutti will be joining the company on April 23, 2012 as senior VP, CFO. He replaces Michael Lyftogt, who will return to his prior position as chief accounting officer. Michielutti brings more than 20 years of financial leadership experience to Christopher & Banks. Most recently he served as senior VP and CFO at CSM Corp., a commercial real estate company. He has an extensive retail background, having held the CFO position at Whitehall Jewelers, Wilsons Leather and Fingerhut.
Minneapolis -- Christopher & Banks Corp. said Thursday that it has named Michael Lyftogt to the position of senior VP and CFO. Lyftogt, a 12-year veteran of the company, has worked in a variety of financial roles including chief accounting officer and VP finance and has served as interim CFO since July 2010.
Christopher & Banks Corp. has appointed Michael Lyftogt as interim CFO.Lyftogt replaces Rodney Carter, who has left the company to pursue other interests. The retailer indicated it is commencing a search for a permanent CFO.Lyftogt has been with Christopher & Banks since March 1998. Prior to this appointment, he served as VP finance.