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Retail Movers & Shakers

A week does not go by without a significant promotion or appointment within retail companies — including merchants, industry associations as well as solution providers. Retail TouchPoints presents these updates via the Retail Movers & Shakers section, spotlighting the individuals and companies announcing important new executive developments.

After Nine Months, PetSmart Finally Finds Permanent CEO

PetSmart has named J.K. Symancyk as its CEO, effective June 11. This ends the retailer’s long search for a chief exec — former CEO and President Michael Massey stepped down in August 2017. Symancyk will join the PetSmart Board of Directors. Executive Chairman Raymond Svider, a managing partner at leading investor BC Partners, oversaw the company’s operations while the board searched for Massey’s replacement.

Macy’s Taps Ahold Exec As New CFO

Macy’s has named Paula Price CFO, effective July 9, 2018. She will be responsible for leading the retailer’s finance, accounting, investor relations and internal audit functions, reporting to Chairman and CEO Jeff Gennette.

Zulily Appoints Former Amazon Exec As President

Qurate Retail Group has named 13-year Amazon veteran Jeff Yurcisin as President of zulily, effective August 2018. Yurcisin most recently served as VP of Amazon Fashion’s growing Private Brands business, helping to launch dozens of brands across women’s, men’s and children’s categories, including Amazon Essentials, Lark & Ro, Core 10 and Spotted Zebra. Yurcisin previously served as General Manager and CEO of fashion boutique Shopbop, a wholly owned, independently operated subsidiary of Amazon. During his tenure, he led new site redesigns, launched a men's business and began offering free three-day shipping worldwide.

JCPenney CEO Marvin Ellison Leaving To Head Lowe’s

Lowe’s has named Marvin Ellison President and CEO, effective July 2, 2018. Ellison will resign from his current position as Chairman and CEO of JCPenney as of June 1. A search committee has been formed to fill his position. Ellison has 30 years of experience in the retail industry, with 12 years…
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David’s Bridal Promotes Key To CEO

Retail veteran Scott Key will take over as CEO of David’s Bridal, moving up from his current position as EVP and General Manager. Paul Pressler, who has held the CEO spot since the departure of Pam Wallack in September 2016, will remain Chairman of the retailer’s Board of Directors. In his previous role at David’s Bridal, Key was responsible for the marketing, digital and service teams to drive a customer- and digital-first experience. He has held multiple leadership positions at Gap Inc., including SVP/Brand President of Athleta and SVP of Customer Engagement Marketing, as well as head of Gap Global Customer Experience.

Mattress Firm Creates Top Merchandising Role

Mattress Firm has appointed Lorie Silva to its newly created position of Chief Merchandising Officer. She will be responsible for the retailer’s merchandising strategy and ecosystem for driving sales. Silva has nearly 27 years of experience in the retail bedding industry, most recently as Director of Bedding Operations for Jordan's Furniture, where her duties included sourcing, sales, training and managing the retail experience.

Avenue Names New CEO, Capping Six-Month Long C-Suite Shakeup

Avenue, which sells women’s plus-size fashion apparel, footwear and accessories,has named Mark Walsh as CEO. Walsh, a board member who began advising the company in 2017, takes the job at a time when Avenue is revamping its C-level team. In November, Avenue appointed Nancy Viall as Chief Merchandising Officer and Steven Silbaugh as Chief Marketing Officer. More recently, the retailer hired Scott Hampson as COO and David Rhoads as CFO.

H-E-B Creates Chief Digital Officer Role To Oversee E-Commerce Expansion

H-E-B has appointed Jag Bath to the newly created position of Chief Digital Officer. He will oversee all of the grocery retailer’s digital products and services as the company expands its omnichannel offerings across Texas. Bath will remain CEO of Favor Delivery, the on-demand delivery service that is wholly owned by H-E-B. The retailer’s other omnichannel offerings include H-E-Btoyou Delivery and H-E-B Curbside, which is available at over 100 stores now and is projected to reach 200 locations in 2018. H-E-B also offers delivery through Shipt, delivering products to 48 states and military bases worldwide through its combined services.

GameStop CEO Steps Down Only Three Months Into Tenure

Michael Mauler has stepped down as CEO of GameStop for personal reasons only three months after starting, according to a company statement.GameStop Executive Chairman, Co-Founder and former CEO Daniel DeMatteo will return to the chief executive role in an interim capacity while the company seeks a permanent leader. Mauler stepped into the post in February after then-CEO J. Paul Raines stepped down. Raines had been on medical leave since November 2017 before passing away in March due to complications from brain cancer.

Overstock CEO Changes Title Amid Blockchain Emphasis

Overstock.com CEO Patrick M. Byrne has changed his title to President of Overstock Retail as the company shuffles management amid the emphasis on cryptocurrency subsidiary, tZERO. With the changes, Overstock seeks to accelerate the growth of tZERO, a company focusing on the development and commercialization of financial technology. The platform is based on cryptographically-secured and decentralized ledgers known as blockchain technologies.

Clarus Appoints HSN Veteran To Its Board

Clarus Commerce has named former HSN President Bill Brand to its Board of Directors. He will help Clarus continue to expand and build its retailer loyalty programs. Brand has over 30 years of experience in commerce, media and technology, and also sits on the Board of Directors for the National Retail Federation Foundation. At HSN, he developed initiatives to fuel brand, customer and business growth. “Technology has changed the way consumers interact with retailers, brands and experiences. More than ever, it is critical that retailers provide rich experiences that deliver on their brand promises,” said Brand. “The customer journey is visible and transparent and commerce companies must innovate and consistently exceed customers’ expectations. Clarus is uniquely poised to be the strategic business partner that can help retailers do just that.”

Kohl’s Appoints New Merchandising Chief

Doug Howe has been named Chief Merchandising Officer for Kohl’s, where he will oversee strategy and merchandising functions while driving the retailer’s initiatives of cultivating a strong portfolio of national and proprietary brands, accelerating speed to market and delivering strong inventory management. Howe was most recently EVP/Global Chief Merchandising Officer responsible for QVC and HSN at the Qurate Retail Group, a $14 billion retail company comprised of eight brands that also include zulilly, Frontgate and Grandin Road. Prior to being named global merchandising chief in July 2015, Howe held EVP-level merchandising and planning positions at QVC for seven years. Earlier, he held senior product development and merchandising posts at Old Navy, Walmart, QVC and May Department Stores.

Lightspeed Appoints New CFO

Lightspeed, a cloud-based POS solution provider, has appointed Brandon Nussey as CFO. He will lead the company’s finance, legal, human resources, data and IT teams.

New J. Hilburn CEO Plans To Expand Casual Offerings

J. Hilburn has named Andy Janowski as its new CEO. The appointment follows the resignation of J. Hilburn Co-Founder and CEO Veeral Rathod, who left to pursue other opportunities. Janowski has more than 30 years of retail industry experience, and most recently served as Executive Chairman of the J Hilburn Board of Directors. He was previously CEO of Smythson, and has held executive roles at Burberry and Gap.
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