Birks Group (NYSE American: BGI) plans CFO transition as Katia Fontana retires
Rhea-AI Filing Summary
Birks Group Inc. reports that its long-serving Chief Financial Officer, Katia Fontana, will retire effective April 1, 2026, after about six years in senior leadership. To support continuity, the company has hired Aldo Battista, a Chartered Professional Accountant with over 25 years of finance and retail experience, including 16 years at apparel retailer Reitmans (Canada) Limited.
Mr. Battista joins on February 11, 2026, first as Vice President, Accounting and Treasury, then becomes Vice President and Chief Financial Officer on April 2, 2026, following a planned transition period working alongside Ms. Fontana.
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Insights
Birks Group discloses a planned CFO succession with an orderly transition period.
Birks Group is managing a key leadership change as CFO Katia Fontana retires on April 1, 2026, after several years guiding the company through strategic transformations. The company has pre-arranged a successor, limiting potential disruption in finance and accounting operations.
The incoming CFO, Aldo Battista, brings over 25 years of finance and accounting experience, including a long tenure in Canadian retail. His initial role as Vice President, Accounting and Treasury from February 11, 2026, creates overlap to transfer responsibilities before he assumes the CFO position.
The employment agreement outlines a CDN$300,000 annual base salary, a 40% target bonus for fiscal years following fiscal 2026, non-compete obligations for 12 months post-employment, and a tiered severance framework tied to years of service. These terms help clarify future fixed and potential variable compensation and severance exposure for this executive role.