The Children's Place Retail Stores Inc. (PLCE) announced that Michael Scarpa, Chief Financial Officer, has also been appointed Chief Operating Officer, effective immediately.
The company said Scarpa will continue to oversee finance, information technology, distribution, logistics and wholesale, and will add store operations, store development and international to his current responsibilities. Scarpa will continue to report to Jane Elfers, President and Chief Executive Officer of The Children's Place.
Prior to joining The Children's Place, Scarpa had more than 30 years of financial and operational management experience, most recently as Chief Operating Officer and Chief Financial Officer of The Talbots, Inc. Prior to Talbots, Scarpa was Chief Operating Officer of Liz Claiborne, Inc.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.