Prime Highlights :
- American Eagle brings in Ravi Thanawala, a former Nike and Papa John’s finance chief, as its new CFO.
- Mike Mathias marks 25 years of dedicated leadership at American Eagle as he steps into a strategic advisory role.
Key Facts :
- Thanawala currently serves as CFO of Papa John’s and previously led Nike’s North America finance team.
- Mathias will serve as non-executive strategic advisor to CEO Jay Schottenstein once Thanawala takes charge.
Background :
American Eagle Outfitters has picked Ravi Thanawala as its next chief financial officer, with the move set to take effect soon.
Thanawala comes to the denim retailer from pizza chain Papa John’s, where he currently holds the CFO post, carrying with him years of finance leadership across major consumer brands.
Before joining Papa John’s, Thanawala spent about three years as CFO of Nike’s North America business, where he built a strong track record in retail and consumer sector finance.
His appointment adds fresh leadership to American Eagle’s finance team as the company continues building on its growth momentum and works to strengthen its long-term financial strategy.
Company veteran Mike Mathias, who has spent 25 years at American Eagle, will move into a full-time role as non-executive strategic advisor to Chief Executive Officer Jay Schottenstein once Thanawala takes charge.
Mathias joined the company as a manager of finance for stores and operations and went on to hold several roles across the organisation over the years, eventually being named CFO and capping a long and steady career marked by dedication and consistent growth within the company.
Alongside the appointment, American Eagle reaffirmed its second-quarter and full-year forecast, reflecting continued confidence in the company’s financial direction and strategic plans going forward.
The leadership transition comes as the retailer looks to build on its recent performance while maintaining stability across its finance operations during the changeover.
