DGSE Companies named Nabil J. Lopez, currently its senior vice president and controller, to replace Brett Burford as chief financial officer.
Lopez, former director of financial reporting and internal controls for Zale Corp., will also replace Burford on the company’s board. The Dallas-based jewelry, bullion, and watch wholesaler and retailer—which owns Dallas Gold and Silver Exchange, Charleston Gold & Diamond Exchange, Chicago Gold & Diamond Exchange, and vintage watch wholesaler Fairchild International—is looking for a new controller.
Burford, who has served as CFO since August 2012, is leaving to become CFO of Eyemart Express, an eyewear retailer.
The CFO switch is the latest in a series of executive changes to hit the jewelry wholesaler and retailer. Matthew M. Peakes, its current chairman and CEO, was appointed last month, replacing James “Dusty” Clem, who lasted a year in that role.
Burford’s departure means the company’s five-person board has seen complete turnover since the summer. It just named J. Marcus Scrudder and Douglas J. Lattner to replace two directors who resigned in August for what the company termed personal reasons. Scrudder is currently the president and owner of Heartland Cabinetry and Furniture; Lattner is the former chairman and CEO of Deloitte Consulting. Another director departed in September, also due to personal reasons, the company said. His seat has not yet been filled.