Wolverine Worldwide appoints Michael Stornant as CFO

Wolverine Worldwide has announced appointment of Michael D. Stornant to the position of Senior Vice President, Chief Financial Officer and Treasurer, effective June 12, 2015. He will succeed Donald T. Grimes, who has resigned his position to become Executive Vice President, Chief Operating Officer and Chief Financial Officer for the Neiman Marcus Group.

Stornant is a 19-year veteran of the company and most recently served as Vice President of Corporate Finance, with global responsibility for the company's corporate accounting, financial planning, tax and credit functions. He has held numerous and increasingly significant operations and financial roles within the company over the past two decades, including Vice President and General Manager of the Bates brand, Senior Vice President of Finance and Administration for the Global Operations Group, Vice President of Corporate Planning and Analysis, Senior Vice President of Manufacturing Operations, and Director of Internal Audit. In his new role, Stornant will report directly to Blake W. Krueger, Wolverine's Chairman, Chief Executive Officer and President, and serve as a member of the company's executive management team.