Belk's Marley to Retire, Orvos Named EVP

CHARLOTTE, N.C.-Brian Marley, executive vice president and chief financial officer of Belk, has announced his retirement, effective May 4, 2013, after 12 years of service.

Adam Orvos, who currently serves as executive vice president of human resources at Belk, will succeed Marley.

Following his retirement, Marley will sere as a consultant to Belk for 12 months to assist in the transition of his responsibilities and provide advice on various financial matters, the company said. "Since coming to Belk 12 years ago, Brian has played an integral leadership role in many key strategic initiatives that have greatly strengthened the company and its financial position,"  said Tim Belk, chairman and CEO. "He has left an indelible mark on Belk, and we greatly appreciate his dedication and service."

Orvos joined Belk in 206 as senior vice president of finance and corporate controller, and was promoted to his current position in 2009. Orvos began his retail career in 1987 with the May Department Stores Company.

"We're pleased to name Adam Orvos as chief financial officer for Belk," Tim Belk said. "Adam is a talented executive and a strategic thinker, and we look forward to his continued outstanding contributions to Belk."

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