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.

Skava Promotes Product And Technology VP To CTO

Global e-Commerce technology provider Skava has promoted Khurram Khan to the role of Chief Technology Officer. Khan, who will report to CEO Arish Ali out of the company’s San Francisco headquarters, will be responsible for overseeing all aspects of product and services delivery from Skava’s Manhattan office. “Khurram has been a strategic leader and has played a key role in transforming Skava into a leader in e-Commerce technology,” said Ali in a statement. “He will focus on making sure we stay ahead of the curve with our microservices based technology and continue to serve innovative product offerings to enterprise brands and retailers.”

Advance Auto Parts Appoints Permanent CFO, New Supply Chain EVP

Advance Auto Parts has named Jeffrey W. Shepherd as EVP and CFO and Reuben E. Slone as EVP of Supply Chain. Additionally, the company appointed Dunkin Brands Executive Chairman Nigel Travis to its Board of Directors. Shepherd has served as the interim CFO of Advance Auto Parts since April 2018 alongside his other roles as Controller and Chief Accounting Officer. Most recently, he served as Controller for General Motors Europe. Shepherd served in various accounting and finance leadership roles at General Motors and worked at Ernst & Young for more than 15 years prior.

Monetate Names New CEO

Personalization software provider Monetate has appointed Stephen Collins to the post of CEO. He will be responsible for leading the drive in Monetate’s next phase of growth and helping expand its AI-driven personalization solutions. Collins succeeds Lucinda Duncalfe, who is stepping down from the position she has held since 2014 but will remain active by serving as a member of the Board of Directors.

PIM Solution Provider Names New CMO

Product information management (PIM) solution provider inRiver has named Steve Gershik to the post of Chief Marketing Officer. He will lead the company’s global marketing organization, helping drive innovation and growth as the company enters new geographies and markets. Prior to joining inRiver, Gershik was Founder and Principal of Koyne Marketing, a customer marketing and advisory firm, and also served as CMO and Chairman of 28 Marketing, a demand generation consultancy. He has held marketing posts at companies including SiriusDecisions, Eloqua and Swrve.

Nordstrom Hires Tesco Exec To Fill CTO Position

Nordstrom has appointed Edmond Mesrobian as its new Chief Technology Officer, finally filling the role after the January 2017 departure of CTO Kumar Srinivasan. As CTO, Mesrobian will be responsible for supporting the retailer’s digital and technology capabilities while expanding customer reach and engagement.

Under Armour Marketing Exec Departs For Nike

Adrienne Lofton has resigned from her role as SVP of Global Brand Management at Under Armour to join Nike, according to AdWeek. “Adrienne Lofton has decided to pursue another opportunity outside of Under Armour and we wish her all the best in her next endeavor,” said an Under Armour spokesperson in a statement. “During her nine-year tenure, Adrienne has contributed significantly to the growth of the company. As part of UA’s long-term succession planning, Attica Jaques will now lead the global brand management team.”

Target Names Former Walmart Exec As Supply Chain SVP

Target has appointed Gemma Kubat to be its new SVP of Supply Chain Engineering and Activation, effective August 6, 2018. She will lead the design, activation and ongoing management of assets that support the company’s global supply chain and logistics network, reporting to EVP and Chief Supply Chain Officer Arthur Valdez, Jr. The appointment comes as Target plans to leverage its network of more than 1,800 stores by transforming its supply chain and logistics capabilities. The retailer is now offering customers free two-day shipping nationwide, rolling out Drive Up services and moving towards same-day delivery through the company’s acquisition of Shipt.

Best Buy Multichannel Retail President Leaving The Company

Shari Ballard, EVP and President of Multichannel Retail at Best Buy, will leave her position on Aug. 3, 2018, according to TWICE. The company does not have plans to replace her and instead will distribute Ballard’s former responsibilities among other executives. The parting appears to be amicable on both sides. Ballard is responsible for overseeing the company’s U.S. stores, e-Commerce, Best Buy Mexico and real estate strategy. She joined Best Buy in 1993 as an assistant store manager before moving up to the role of EVP of Retail Channel Management in 2007. In 2010, she was appointed co-President of Americas alongside Mike Vitelli, then was named President of International in 2012. Ballard then served as both U.S. Retail President and Chief Human Resources Officer beginning in 2014. “I’m not leaving because I’m going somewhere else (I’m not) or because I believe any less in our mission (I don’t). I’m leaving because it’s time for me to explore the post Best Buy version of me and to grow and learn in new ways,” wrote Ballard in an email acquired by the StarTribune. “There is a season to everything, and given the strength of this team and the strength of the company,…

Lululemon Hires Sephora Exec As CEO

Lululemon Athletica has appointed Calvin McDonald as its new CEO, effective Aug. 20, 2018. McDonald succeeds Laurent Potdevin, who resigned in February 2018 following allegations of improper conduct violations. McDonald also will become a member of the Board. During McDonald’s five years as President and CEO of Americas for Sephora, the retailer delivered double-digit growth, expanded its product offerings, created new digital platforms and store experiences and expanded its global footprint by opening stores in Brazil and Mexico. “Calvin McDonald has an impressive track record leading organizations through periods of significant growth and innovation,” said Glenn Murphy, chairman of the Board of Directors in a statement. “He is the ideal match for the lululemon brand and culture given his strong consumer mindset, performance-driven approach, and success developing people.” Prior to joining Sephora, McDonald served as President and CEO of Sears Canada. Before that, he spent more than 17 years at Loblaw, Canada’s largest retailer, where he led a business unit with approximately 40,000 employees and expanded the President’s Choice private label brand.  

Moda Operandi Appoints Former Tesla Exec As CEO

Ganesh Srivats, most recently a Vice President at Tesla, will takes the reins as CEO of Moda Operandi, effective August 1, 2018. Srivats succeeds Deborah Nicodemus, who served as CEO for five years and will remain as a close advisor to the company. The appointment comes amid company growth — the retailer raised $165 million in December 2017 to fund global expansion. During his employment at Tesla, Srivats was tasked with developing the North American and EMEA markets, as well as worldwide responsibilities for, digital products and marketing. Before that, he worked for Burberry for 10 years, ultimately serving as Senior VP of Retail for the Americas.

The Vitamin Shoppe Appoints New CEO

The Vitamin Shoppe has named Sharon M. Leite as its new CEO, effective August 27, 2018. Leite also will become a member of the Board of Directors. She succeeds Colin Watts, who left the company in May 2018. Leite served as President of Godiva Chocolatier in North America since October 2017, where she led the retailer across all channels, including stores, e-Commerce and wholesale. Before that, Leite was President of Sally Beauty for the U.S. and Canada, and she spent almost a decade working at Pier 1 Imports, with her last position in 2016 as EVP of Sales, Customer Experience, and Real Estate. Leite also held executive leadership roles at Bath and Body Works as well as various sales and operations positions atGap,The Walt Disney Company andExpress.
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