Hanesbrands, the parent company of Champion, has hired a new chief financial, Michael Dastugue, who previously served in a similar position at Walmart and J.C. Penney. He will report to the group’s new CEO, Steve Bratspies, as he is implementing a new “Full Potential” strategic restructuring plan, which calls for a realignment of the organization and its cost structure, streamlining processes and reducing the number of SKUs. Hanesbrands’ previous CFO, Barry Hytinen, resigned at the end of 2019 to become the CFO of a data storage company, Iron Mountain. The position had been held on an interim basis by Scott Lewis.