By Colin Kellaher

Genesco has hired Jonathan Collins as the footwear retailer's new senior vice president of finance and chief financial officer, effective Aug. 3.

Genesco on Monday said Collins joins the Nashville, Tenn., company from America's Car-Mart, where he has been finance chief since May 2025.

America's Car-Mart said last week that Collins will depart at the end of July.

Genesco said Collins, 54 years old, will receive an annual base salary of $550,000 and will be eligible for an annual bonus with a target of 75% of his base pay.

Mimi Vaughn, Genesco's board chair, president and chief executive, has been serving as interim finance chief since Cassandra Harris stepped down in March.

Write to Colin Kellaher at colin.kellaher@wsj.com