PetSmart acquired Pet360 for $130 million in cash and up to $30 million more in future performance-based payments.
Robin Easton will resign March 31 as CFO of the web-only jewelry retailer after serving in the position for only six months, setting off Blue Nile`s second CFO search within the past nine months.
Robin Easton will resign March 31 as CFO of Blue Nile Inc. after serving in the position for only six months.
Upon Easton’s resignation, Terri Maupin, the company’s vice president of finance and controller, will assume the duties of the principal financial and accounting officer. Maupin has served as the jewelry e-retailer’s vice president of finance since July 2004 and controller since September 2003. Prior to Blue Nile, Maupin served as staff vice president of finance and controller at Alaska Air Group Inc., the parent company of airline companies Alaska Airlines Inc. and Horizon Air Industries Inc.
Blue Nile, No. 49 in the Internet Retailer Top 500 Guide, announced in June it had hired Scott Devitt as CFO, but Devitt then changed his mind for personal reasons and turned down the position before ever starting with the company.
The e-retailer plans to commence a search for a new CFO.