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From Home Furnishing Business

Unifi Names CFO

Yarn supplier Unifi  (NYSE: UFI)  has named James Otterberg chief financial officer and vice president.

Otterberg, who has been the company's chief accounting officer since October 2011 and had been serving as interim CFO since Aug. 12, was selected following a search that included several outside candidates.

"We are very excited about James' appointment," said William Jasper, chairman and CEO. "We interviewed many highly qualified candidates, and James topped the list. In addition to his broad and deep accounting and financial expertise, James brings keen analytical and strategic planning skills to the management team."

Otterberg has been employed by the company's subsidiary, Unifi Manufacturing, Inc., since 2011 as vice president and chief accounting officer, and previously from October 1999 to December 2003 as director – joint ventures and alliances and corporate financial analyst. He also held various financial positions for Polymer Group from 2004 to 2011, including vice president – finance U.S. from February 2008 through May 2011. 

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