Pier 1 Imports Inc. on Aug. 9 announced that Jeffrey N. Boyer, executive vice president and chief financial officer, is leaving the company in October to become chief financial officer of Fossil Group Inc. Boyer has been a member of Fossil’s board of directors since 2007. Pier 1 Imports is in the process of appointing an executive search firm to conduct a comprehensive search for a new CFO.
Separately, Pier 1 announced the appointment of IT Veteran Bhargav J. Shah, 41, as senior vice president and chief information officer, effective immediately.
Shah comes to Pier 1 Imports with nearly 20 years of broad-based technology, digital and supply chain experience. He has most recently been CIO and head of e-commerce at IntegraCore, a global supply chain management company, and CIO and CTO at online retailer Overstock.com. During his tenure at IntegraCore, Shah led the company’s e-commerce initiative and built an online sales model for supply chain automation and logistics. At Overstock.com, he increased data usage to automate and improve decision-making and drove customer centricity across devices and channels, resulting in improved customer engagement and cross-channel growth. Earlier in his career, Bhargav held information technology positions at KPMG, LLP, Pfizer Inc. and Ernst & Young LLP. He earned a Bachelor of Chemical Engineering from the University of Mumbai and an MBA, Finance and Technology, from Bentley University in Waltham, Mass.