Wet Seal Hires New Finance Chief

Wet Seal Inc., a teen apparel retailer, announced last week the appointment of Walter Parks as its chief financial officer and executive vice president.

Parks comes to the Foothill Ranch, Calif.-based firm from home-furnishings retailer Restoration Hardware Inc., where he served as executive vice president and chief administrative officer for two years. Parks also spent 11 years with Ann Taylor Stores Inc., including two years as chief financial officer.

He succeeds Ann Cadier-Kim, who resigned last month after eight years as Wet Seal’s chief financial officer. Wet Seal operates 557 stores in 44 states under the Wet Seal, Contempo Casuals, Arden B. and Zutopia names. —Nola Sarkisian-Miller