NewsBusiness

Actions

Stage Stores files for bankruptcy protection, CFO to leave

Cash money
Posted at 10:01 AM, May 12, 2020
and last updated 2020-05-13 14:54:14-04

Houston-based Stage Stores Inc., owner of several department store brands including Bealls has filed for Chapter 11 bankruptcy protection and is looking to sell its business.

Additionally, Jason Curtis, Stage's executive vice president and CFO, will step down on May 22 to take a job with another retailer, according to a May 10 press release.

As such, Stage tapped former executive Rick Stasyszen to support CEO Michael Glazer, who will oversee the company's finance functions.

Stasyszen previously served as Stage's senior vice president of finance and controller until 2019.

There are three Bealls stores operating in the Valley, but they are owned by a separate entity in Florida.

Read more from the Phoenix Business Journal.