On October 3, 2024, The Children's Place, Inc. announced the appointment of Laura Lentini as the Company's Chief Accounting Officer, effective October 7, 2024. Ms. Lentini, 60, a certified public accountant, has more than 30 years of accounting and finance experience. Prior to joining the Company, Ms. Lentini was Senior Vice President/Corporate Controller and the principal accounting officer of Capri Holdings Limited (formerly Michael Kors Holdings Limited) (Capri"), which she joined in April 2004.
Prior to joining Capri, Ms. Lentini served as Senior Vice President/Corporate Controller at Kasper ASL Ltd. (Kasper") from February 2001 to April 2004. Prior to joining Kasper, Ms. Lentini served as Corporate Controller at McNaughton Apparel Group, Inc. (McNaughton") from February 1994 to February 2001 and also was Acting Chief Financial Officer at McNaughton from July 1996 to March 1997. Ms. Lentini began her career in public accounting and auditing at KPMG Peat Marwick.
Ms. Lentini earned her BS in Accounting from Marymount Manhattan College, and is a CPA. On October 3, 2024, the Company also announced that Sheamus Toal will be leaving his positions as Chief Operating Officer, effective December 13, 2024. Prior to December 13, 2024, Mr. Toal will continue in his roles to ensure continuity and an orderly transition.
The decision to part ways was not the result of any disagreement between Mr. Toal and the Company concerning the Company's operations, policies or practices. Mr. Toal's existing compensation arrangements will continue in effect in accordance with their current terms and conditions during his employment with the Company. Also on October 3, 2024, the Company publicly announced that Jared E. Shure, who was previously Senior Vice President, General Counsel and Corporate Secretary, has been named Chief Administrative Officer, General Counsel and Corporate Secretary, effective September 10, 2024, reporting to Muhammad Umair, President and Interim Chief Executive Officer.