A new CFO at El Palacio de Hierro
What: El Palacio de Hierro has a new CFO
Why it is important: The new incumbent is a seasoned retailer with experience in Finance, including a former position at Falabella.
El Palacio de Hierro announced that Julio José Alcalde left his position as CFO he had held since 2017, and was replaced by José Antonio Bustos Ortega, who is coming from Sodimac (Falabella).
Mr Bustos Ortega has a significant track record in retail, as he also held various financial positions at Forus (one of the prominent fashion retailer in Chile).