J. Jill, Inc. (JILL)

[JohnSamuel]

J.Jill Inc., the Quincy, Mass. -based retailer, named Mark Webb its executive vice president and chief financial officer. He begins the role on May 1 . Mr. Webb succeeds David Biese , who was the company's executive vice president, CFO and chief operating officer.
Mr. Biese in November announced plans to leave the company. His last day will be April 30 . Mr. Webb most recently served as senior vice president, chief financial planning and analysis, and treasury officer at Canadian retailer Hudson's Bay Co. Before that, he was CFO for the Gap brand and for Intermix at Gap Inc. from February 2013 to April 2017 .
Mr. Webb will receive an annual base salary of $600,000 and will be eligible for an annual bonus with a target of 70% of his base pay and up to 200% of his salary for exceptional performance, J.Jill said. He will also receive a one-time signing bonus of $100,000 and a sign-on restricted stock award valued at $700,000 , the company said in a regulatory filing.