Books-A-Million Names Damian Doggett as New CFO: What This Means for the Company

Books-A-Million Welcomes Damian Doggett as Chief Financial Officer

Books-A-Million, Inc., a prominent book retailer, has made a significant leadership change by appointing Damian Doggett as its Chief Financial Officer (CFO). This announcement, made on January 8, 2025, signifies a strategic move toward strengthening the company’s financial operations as it continues to grow in a competitive marketplace.

Mr. Doggett's journey with Books-A-Million began in 2006, and he has since held numerous pivotal roles within the finance organization. His career trajectory at the company includes key positions such as Accounting Manager, Senior Accounting Manager, Assistant Controller, Controller, Senior Vice President, and Chief Accounting Officer. This extensive experience has equipped him with a unique understanding of the company’s financial landscape and operational needs.

Throughout his tenure, Doggett has exhibited remarkable leadership qualities that have driven substantial innovations across various departments including accounting, tax, and payroll. One of his significant contributions has been facilitating the transition to advanced technology platforms that enhance operational efficiency.

Terrance G Finley, the CEO of Books-A-Million, expressed optimism about Doggett's appointment, highlighting his creative leadership and commitment to addressing the ever-evolving requirements of the business. Finley remarked, "I am pleased to announce Damian's well-deserved promotion to CFO. His years of strong creative leadership, coupled with his dedication to addressing the evolving needs of our business make him uniquely qualified to lead our finance team and guide our financial strategy in the years ahead."

The significance of this appointment cannot be understated. As the company navigates a rapidly changing retail environment, having a strong financial leader is essential. Doggett’s extensive institutional knowledge and proven track record are expected to bolster the company’s capabilities as it challenges its competitors and responds to industry trends.

Books-A-Million operates over 200 stores across 32 states and its e-commerce site, Booksamillion.com, making it the second-largest bookstore chain in the United States. Established in 1917, the company has a rich history of being a leading retailer in books, toys, games, and collectibles, and it remains committed to adapting to consumer preferences, especially in the digital age.

The appointment of Damian Doggett as CFO comes at a crucial time in the retail industry, where financial acumen and strategic fiscal oversight can significantly impact long-term success. With Doggett at the financial helm, Books-A-Million is poised to optimize its financial operations and reinforce its market position.

In conclusion, the selection of Damian Doggett as the new CFO is not just a routine personnel change; it reflects Books-A-Million’s commitment to cultivating leadership from within and ensuring robust financial strategies are in place. As the company continues to evolve, stakeholders will undoubtedly be watching closely to see how his leadership influences the company’s future path.