Q.E.P. Co. has announced that Richard Brooke, the company's senior vice president and CFO, is retiring and will be succeeded by Mark Walter.

Walter has served as senior vice president of finance of the company since August. He has over 25 years of experience in finance and accounting, including 10 years in various CFO roles, spanning public and private companies, private equity and public accounting.

“Earlier in the year Richard indicated his desire to move on to a new phase in his life, but assured us that that he wished to ensure an orderly transition to a new CFO,” said Gould. “That transition has now been accomplished. Over the past decade, Richard has served to help shape the company’s overall direction by leading several of the company’s most significant acquisitions, instilling a financial mindset throughout the organization focused on improving performance and expanding our worldwide financing capabilities. We thank him for his many contributions and wish him every success in the future.”