American Eagle appoints Mike Mathias as CFO and EVP

Global clothing retailer American Eagle Outfitters (AEO) has appointed Mike Mathias to the roles of executive vice president and chief financial officer, effective immediately.

Bob Madore, AEO’s current CFO, is leaving the company but will remain with the company in a senior advisory role reporting to Jay Schottenstein, executive chairman of the board and CEO, through September 2020.

Mathias most recently served as AEO’s senior VP and head of financial planning and analysis and has more than 20 years of experience in the retail sector, spanning finance, merchandise planning, strategy, business development and operations.

In his new role, he will oversee all aspects of finance, including financial planning, accounting, tax, internal audit, treasury and merchandise planning. He will serve as a member of the executive leadership team and report directly to Schottenstein.

Schottenstein said: “I’m excited to appoint Mike to this role, a position he has been groomed for over the past several years.

“Mike’s deep knowledge of our business, combined with his operational and financial expertise, has been invaluable to our team as we manage through Covid-19. We know his strategic leadership will continue to be instrumental to AEO as we position ourselves for continued profitable growth.”