Women's apparel retailer Christopher & Banks has today (25 February) promoted Michael Lyftogt to chief financial officer (CFO).

Lyftogt served as interim CFO since July 2010 and has worked with the company for 12 years in different financial roles including chief accounting officer.

"I am very pleased with Mike's performance in the role of interim CFO over the past eight months. Mike's extensive experience with the company and his in-depth knowledge of our financial and accounting operations make him the ideal choice for the CFO position," said president and CEO Larry Barenbaum.

Lyftogt added: "I am thrilled at the opportunity to serve as CFO and would like to thank the board and Mr Barenbaum for their support and confidence in naming me to this position."