Genesco (GCO) Names Jonathan Collins CFO Effective August 3

Genesco Inc. (GCO) announced the appointment of Jonathan Collins as CFO, effective August 3. Collins succeeds Mimi Vaughn, who served as interim CFO since March 2026. The company has identified a $40 million to $50 million cost-savings program which is expected to support long-term margin expansion. Jefferies analyst Corey Tarlowe maintains a 'Hold' rating on Genesco stock, noting the positive management change and strong momentum entering Q2. However, he expressed concerns that Schuh may impact business performance in the near term.