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Kirkland's (KIRK) Appoints Mike Madden as CFO

August 9, 2022 4:07 PM EDT

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Kirkland's, Inc. (Nasdaq: KIRK) has appointed Mike Madden as chief financial officer ("CFO"), effective September 1, 2022.

Madden brings to Kirkland's Home over 15 years of executive level experience in both the retail and real estate industries. Most recently, he served as CFO at Priam Properties, a private real estate investment firm that focuses on multi-tenant office properties across high-growth markets in the U.S. Prior to his role at Priam Properties, Madden spent over 18 years serving Kirkland's Home in various senior leadership and executive roles, where he was responsible for leading many notable initiatives and acquired extensive knowledge of all aspects of the Company's business.

"We are pleased to welcome Mike to Kirkland's Home to lead the finance side of our organization during this transformative period," said Steve "Woody" Woodward, president and CEO of Kirkland's Home. "Having a proven executive with extensive financial prowess will be invaluable as we continue to navigate the current macroeconomic challenges . As a veteran of the Company, Mike brings a high level of familiarity with our accounting and financial controls, along with the broader operations, that we feel is critical for a swift and seamless transition into the role of CFO. We are confident that he will be a stabilizing force for our overall team and integral to our transformation efforts as we embark on the next chapter of our journey."

Commenting on his appointment, Madden stated: "I am eager to join the team at Kirkland's Home. I believe that with the substantial progress the Company has made in recent years there is an opportunity to unlock significant value and position Kirkland's Home as a leader in our niche of the home d├ęcor industry. Through my past experience with the Company, I have a deep understanding of the organization and I feel well equipped to hit the ground running on day one. I look forward to leading our finance operations to further develop and execute our growth strategy, with the goal of realizing long-term value for our shareholders."

Prior to Madden's first stint at Kirkland's Home, he was the assistant controller at Trammell Crow Company, which is an independently operated subsidiary of CBRE, the world's largest real estate services firm. Madden also previously served as a manager in assurance and business advisory services at PricewaterhouseCoopers LLP, where he worked with public and private clients operating in the retail and consumer products industries. Madden holds a bachelor's degree in accounting from the University of Memphis.



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