Some new positions have been created and promotions have been made at Jones Apparel, the large US conglomerate that owns Nine West and Maxwell Shoes, among other properties. Efthimios Sotos was promoted to the position of executive vice president and treasurer, in charge of strategic and financial planning. He will oversee all financial planning, forecasting and budgeting activities while continuing to lead the treasury division. Jones filled the newly created position of chief financial officer with Deborah Cargiulo, who will aid division presidents in the better apparel group in their various financial programs. Other finance programs for Jones, such as the re-organization of its accounting process, will still be handled by Anita Britt, executive vice president of finance.