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Lindblad Expeditions Holdings appoints new cfo

Lindblad Expeditions Holdings appoints new cfo
Lindblad Expeditions Holdings hired John McClain, a veteran of The Jones Group and Cendant Corp., as chief financial officer. Ian Rogers, who had been serving as cfo, chief operating officer and vp will continue as chief operating officer and vp. Both changes take effect Nov. 10.

McClain, previously served cfo of The Jones Group, a designer, marketer and wholesaler of more than 25 brands, from July 2007 until the sale of the company to Sycamore Partners in April 2014. Until August 2014 he continued to provide senior adviser services related to financial operations to The Jones Group.

McClain has served on the board of Nine West Holdings since April 2014, the board and audit committee of Lands' End since May 2014 and as a trustee of Seritage Growth Properties since June 2015. He also held a number of roles at Avis Budget Group, formerly Cendant Corp.

McClain joined Cendant Corp. in 1999, serving as svp, finance and corporate controller until 2006. From July 2006 to 2007, he was the chief accounting officer for Avis and chief operating officer of Cendant Finance Holdings. Other leadership roles were at Sirius Satellite Radio and ITT Corp.

McClain has an employment agreement with Lindblad for an initial term of four years with an initial annual base salary of $425,000. He is eligible for a bonus and equity incentive award and will receive stock options to purchase 300,000 shares vesting annually over a four-year period.