Nordstrom names Kelly Dilts new CFO
Dilts succeeds Cathy Smith, who joined Starbucks as its new finance chief.
In her new role, Dilts will oversee all core financial functions, as well as real estate, store development, and strategic sourcing at the Seattle-based luxury department store chain.
"I'm honored to join Nordstrom at such a pivotal moment in the company's evolution," said Dilts. "Nordstrom is a company with a strong legacy, a clear sense of purpose, and a deep commitment to its customers, employees, and brand partners. I look forward to working alongside the leadership team to build on that foundation—focusing on financial discipline, operational excellence, and sustainable long-term growth."
The financial expert joins Nordstrom from Dollar General, where she has served as executive vice president and chief financial officer since 2023.
Prior to that, she served as executive vice president and chief financial officer for Francesca's Holding Corporation from 2016 to 2019 and senior vice president of finance and investor relations for Tailored Brands.
"After a thorough search, we're excited to welcome Kelly to the Nordstrom team," said Erik Nordstrom, co-CEO of Nordstrom, Inc.
"She brings three decades of financial leadership experience and a proven track record of driving strong results at large-scale omnichannel retailers. We're confident she'll help us strengthen our business, execute on our priorities, and continue delivering for our customers."
In its most recent trading update in March, Nordstrom reported fourth-quarter comparable sales growth of 4.7%, compared with an estimate of 1.25%, according to data compiled by LSEG.
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