Genesco taps ex-Walmart finance leader Jonathan Collins as CFO to drive $40–50M savings
WMT•Genesco appointed Jonathan Collins as senior vice president of finance and chief financial officer effective August 3, reporting to CEO Mimi Vaughn. Collins, ex-CFO of America’s Car-Mart and finance leader at Flipkart and Walmart, will spearhead a $40 million to $50 million cost-savings program to boost margins under the Footwear First strategy.
1. Genesco CFO Appointment
Genesco has named Jonathan Collins senior vice president of finance and chief financial officer, effective August 3. He will report directly to chairman and CEO Mimi Vaughn, who served as interim CFO since March.
2. Finance Leadership Experience
Collins joins from America’s Car-Mart, where he was CFO, and brings over a decade of finance leadership from roles at Flipkart and Walmart, including chief accounting and CFO responsibilities in international units.
3. Cost Savings and Strategic Execution
He is charged with spearheading a $40 million to $50 million cost-savings initiative and leveraging his multi-channel retail finance expertise to boost margins under Genesco’s Footwear First growth strategy.
