A roundup of March’s retail exec moves

Stay updated on the retail trade

All the information and insights retail execs must know, multi function publication. Join over 180,000 retail professionals by subscribing at this time.

March was a busy month for exec moves (plus some mix-ups and comebacks), and we’re right here to spherical up some of the notable ones:

  • Domino’s CEO Ritch Allison announced his retirement, with COO and US president Russell Weiner set to take over on May 1.
  • After he was discovered by an impartial investigation to have violated the corporate’s code of enterprise conduct and ethics and different insurance policies, according to an SEC submitting, Ralph Lauren chief business officer Howard Smith resigned after 20 years with the corporate.
  • In a barely complicated transfer, Capri Holdings said John Idol would keep on as CEO after initially naming Michael Kors CEO Joshua Schulman as his successor final yr. Schulman, as a substitute, has left the corporate.
  • Chobani president and COO Peter McGuinness left the yogurt maker to guide Impossible Foods as CEO. A slew of different Chobani execs additionally departed amid delayed IPO plans.
  • Howard Schultz will make his third run as Starbucks’s CEO on April 4 as present CEO and board director Kevin Johnson steps down.
  • And after practically 50 years, FedEx founder Fred Smith will vacate the CEO position on June 1, set to get replaced by COO Raj Subramaniam.

In and out of style: The luxurious style house additionally noticed some shifts. Salvatore Ferragamo named Maximilian Davis as its new artistic director. (Davis will put his namesake model on maintain.) And Emmanuel Gintzburger is leaving his position as CEO of Alexander McQueen to take over as CEO of Versace in September.

Facelift: Several celeb magnificence manufacturers’ C-suites obtained new faces. Naomi Osaka’s Kinlò skincare firm named Drunk Elephant’s former VP of international advertising, Mia Meachem, as president.

  • As half of its “second chapter,” Lady Gaga’s Haus Laboratories added a spate of VPs from firms like KVD Beauty and Bliss.
  • JLo Beauty & Lifestyle Companies tapped former Becca Cosmetics CEO Lisa Sequino, who most lately served as SVP/GM for North America Brands at The Estée Lauder Companies, as co-founder and CEO.


Related Posts