Leading casual shoe designer and manufacturer Phoenix Footwear Group Inc on Monday announced the appointment of Ken Wolf as CFO, effective February 1.

The Maine-based company said Wolf will replace Bob Pereira and is a nine-year veteran of Callaway Golf Co where he served as Interim CFO and senior vice president of finance and controller.

Chairman and CEO Jim Riedman commented: "This appointment is a key step in the growth and development of our operations. As our company expands, both organically and through acquisitions, we are focused on upgrading our financial management resources.

"Having served at Callaway Golf during a period in which the company expanded its sales from $25 million to over $800m, Ken brings us invaluable experience in handling acquisitions, budgeting and financial planning and analysis."