Dirk A. Montgomery will resign from his position as executive vice president and chief value chain officer at Bloomin’ Brands Inc. after more than seven years with the company.
Bloomin’ Brands announced the executive change in a filing Tuesday that stated, "Montgomery has accepted a position as Chief Financial Officer of a publicly traded clothing retailer.”
He will leave Bloomin’ Brands on January 14.
Montgomery, who started with Bloomin’ Brands — OSI Restaurant Partners Inc. at the time — in 2005, is leaving to become executive vice president and chief financial officer at Ascena Retail Group Inc. Ascena is the Suffern, N.Y.-based parent company of Dressbarn, Maurices, Justice, Lane Bryant and Catherines clothing stores.
Ascena won’t be Montgomery’s first foray into retail. Prior to joining Bloomin’ Brands, Montgomery had worked as retail senior financial officer at ConAgra Foods Inc. and as chief financial officer at retailer Express Inc. Before stepping into his role as chief value chain officer at Bloomin’ Brands last year, Montgomery had served as the company’s chief financial officer.
"I share the strong vision the Ascena team has to continue to grow the business and to further extend the company’s leadership position in the specialty retailing industry,” Montgomery said in a statement released by Ascena. “I look forward…to sharing my experience and expertise in developing and implementing a thoughtful and strategic approach to growth and value creation.”
Bloomin’ Brands declined to comment on the change.
Tampa, Fla.-based Bloomin’ Brands, which encompasses Outback Steakhouse, Carrabbas’s Italian Grill, Bonefish Grill, Flemings Prime Steakhouse & Wine Bar, and Roy’s, has more than 1,400 restaurants worldwide.