Nordstrom CFO Anne Bramman to step down by finish of yr

Oct 17 (Reuters) – Nordstrom Inc (JWN.N) Chief Monetary Officer Anne Bramman will step down in December, the U.S. upscale retailer stated on Monday, a month after the corporate adopted a “poison tablet” to forestall traders from amassing 10% or extra of its shares.

Poison tablets make a takeover dearer or tough by permitting current shareholders to purchase shares at a reduction, diluting a suitor’s possession stake.

The corporate has launched the seek for a brand new finance chief, whereas Michael Maher, Nordstrom’s senior vp and chief accounting officer, will assume the function of interim CFO.

The retailer reaffirmed its

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