Caleres has officially announced the appointment of Dan Karpel as senior vice president and chief financial officer, marking a significant leadership move for the global footwear company.
Karpel steps into the role after serving as interim CFO since January 2026. He rejoined Caleres in October 2025 as chief accounting officer, bringing nearly three decades of experience in accounting and financial leadership. His appointment comes at a key moment for the company as it continues advancing its long-term growth strategy and prepares to release its first-quarter financial results in early June.
Before returning to Caleres, Karpel held several high-level financial positions, including chief financial officer roles at Club Car Wash Operating, LLC and CW Holdings, LLC. He also served as a chief accounting officer at Eyecare Partners LLC, Spectrum Brands Holdings, Inc., and Brown Shoe Company. His broad background across finance, operations, and corporate strategy made him a natural fit for the permanent CFO role.
Caleres President and CEO Jay Schmidt praised Karpel’s leadership and familiarity with the organization, noting that his financial expertise and strategic insight have already made a strong impact since rejoining the company. According to Schmidt, Karpel’s leadership will play an important role as Caleres continues to drive business growth and navigate the evolving retail and footwear landscape.
Alongside the executive announcement, Caleres also shared preliminary expectations for its upcoming first-quarter earnings report scheduled for June 4. The company currently expects total sales of approximately $667 million and projected earnings per diluted share of $0.39 to $0.41. Adjusted earnings per diluted share are expected to fall between $0.35 and $0.37, signaling performance above previous guidance.
Founded nearly 150 years ago, Caleres has built a strong presence in the global footwear industry through brands including Famous Footwear, Sam Edelman, Stuart Weitzman, Allen Edmonds, Naturalizer, and Vionic. The company operates more than 1,000 retail locations and maintains a growing digital and wholesale presence worldwide.
The appointment of Dan Karpel reflects Caleres’ focus on experienced leadership as the company continues adapting to changing consumer trends, economic pressures, and the rapidly evolving retail market. With its earnings report approaching and renewed confidence in financial performance, Caleres appears positioned for an important next chapter under its strengthened executive team.
