Francesca’s CFO to depart

American retailer Francesca’s, which has become known for offering multiple brands in clothing, accessories, and lifestyle products, has announced that its current chief executive officer and executive vice president Kelly Dilts, will be resigning from her position on July 19. In the same announcement, the company shared that Cindy Thomassee, the company’s current senior vice president and chief accounting officer will take over the role after Dilts’ departure.

“Cindy has been a valued member of Francesca’s executive management team for many years,” said the brand’s interim chief executive officer, Michael Pendergast in a statement. “We look forward to her continued financial leadership as we partner together to execute the strategic turnaround plan and return the company to longer-term positive sales, cash flow and operating income performance.”

Thomassee joined the Houston-based Francesca’s team in 2007 after serving as the controller at LRG Furniture, LLC. During her time at Francesca’s, she has served as the company’s interim chief financial officer twice.