Vera Bradley EVP And CFO Kevin Sierks To Leave

(RTTNews) - Vera Bradley, Inc. (VRA) announced that its Executive Vice President and Chief Financial Officer Kevin Sierks will be leaving the company on March 31, 2017.

At that time, John Enwright, Vice President of Financial Planning and Analysis, will assume the position on an interm basis. Enwright joined the Company in 2014 and held various financial positions of increasing responsibility at Tiffany & Co. (TIF) for the fifteen years prior to joining Vera Bradley.

In the role of Interim finance chief, Enwright will receive compensation of $260,000 in base salary plus incentive compensation of 50% of base salary that will be guaranteed for the fiscal year ending February 3, 2018. Enwright will also participate in the company's long-term incentive plan.

Vera Bradley noted that search is underway for the permanent position, and both internal and external candidates will be considered.