Carter’s will kick off the search for a new leader following the retirement of Michael Casey, who has held the Chairman and CEO titles at the children’s apparel brand for the past 15 years, capping off his three-decade-plus career with the company.
The retailer has appointed Richard Westenberger as interim CEO in addition to his responsibilities as Senior EVP, CFO and COO. Westenberger joined Carter’s in 2009 and has held his current titles since March 2024. Both appointments are effective immediately, but Casey will serve in an advisory capacity through Feb. 28, 2025 to support the leadership transition.
“On behalf of the board, I want to express our deepest gratitude to Mike for his dedication, leadership and numerous contributions over his three decades at the company,” said William Montgoris, Lead Independent Director of the Carter’s board who was just appointed Non-Executive Chairman of the Board of Directors. “During his tenure, the company has strengthened its position as the market leader in young children’s apparel and has grown significantly through the creation of new brands and new channels of distribution, including retail stores, ecommerce and our international businesses.”
Carter’s recently implemented a new strategic approach spanning marketing, product development and store design to broaden its appeal to Gen Z. The retailer’s brands include OshKosh B’Gosh, Little Planet and Skip Hop.
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