Swatek Named SVP at Hanover
March 28, 2005,
Hanover Direct, Inc. has appointed John Swatek senior vice president, chief financial officer and treasurer, effective April 1.
Swatek succeeds Charles Blue, who resigned following a review of the company's past accounting on March 8. Garten has served as acting chief financial officer during the interim period.
In other Hanover news, the company has completed its previously announced sale of the stock of Gump's Corp. and Gump's By Mail, Inc. to Gump's Holdings, LLC, an investor group comprised of two venture capital firms and a private investment firm, for $8.5 million.