Vera Bradley CFO Resigns

On Friday, handbags and accessories maker Vera Bradley announced that Chief Financial and Administrative Officer Jeffrey A. Blade has resigned, effective immediately. The stated reason for the resignation was "to pursue other opportunities."

No replacement has yet been named, although Vera Bradley says a search for a new CFO is under way. In the meantime, company Controller and Chief Accounting Officer Kevin Sierks has been appointed interim CFO.

Shares of Vera Bradley closed 0.4% lower Friday ahead of the announcement, at $23.40.

The article Vera Bradley CFO Resigns originally appeared on Fool.com.

Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.