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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.

Costco Co-Founder Jeff Brotman Dead At 74

Costco Wholesale Corp. Chairman of the Board Jeff Brotman died in his sleep on August 1. Brotman co-founded the chain with former CEO Jim Sinegal in 1983. Costco currently operates 736 warehouse stores in 11 countries and is the world’s third largest retailer as measured by sales. Brotman had served as chairman of the company since 1994. The cause of death has not been announced. According to the Seattle Times, on Monday, July 31, Brotman attended a dinner for approximately 2,000 Costco managers from around the world who are gathered in Seattle, near the company headquarters in Issaquah, Wash.

CommerceHub Names New SVP Of Operations

CommerceHub, a distributed commerce network for retailers and brands, has promoted Kathleen Conley to the position of Senior VP of Operations. In her new position, Conley will be responsible for managing product and services delivery teams, which includes platform onboarding, customer service, product training and other advisory services.

Stitch Fix COO Steps Down Ahead Of Rumored IPO

Online subscription fashion retailer and personal stylist Stitch Fix is losing its COO Julie Bornstein — perhaps at an inopportune time. In May, Stitch Fix hired investment banks Goldman Sachs and JPMorgan Chase to lead an initial public offering (IPO) that could value the retailer between $3 billion and $4 billion, according to Reuters. TechCrunch reported that the retailer already has confidentially filed the IPO. Startups are allowed to file confidentially for IPOs under the JOBS Act, allowing them to test the waters prior to formally releasing their company's inner workings. While an IPO filing date has not been confirmed, Stitch Fix fed into the speculation in June when it appointed a new CFO, Paul Yee.

Shopgate Appoints Customer Success VP

SaaS shopping app platform Shopgate has named Ken Aponte its VP of customer success. In his new role, Aponte will be responsible for increasing customer retention and revenue growth, and will use mobile solutions to ensure customer satisfaction and drive higher conversions.

NRF Taps Former Macy’s CEO Lundgren As Chairman

The National Retail Federation (NRF) is bringing in one of retail’s most familiar faces to lead its Board of Directors. The Board has elected Macy’s Executive Chairman Terry Lundgren as its Chairman, five months after he officially stepped down as CEO. In the role, Lundgren replaces former HSNi CEO Mindy Grossman, who resigned from the board after leaving retail to head Weight Watchers. In addition, the Board also elected four new members: Sam’s Club President and CEO John Furner; QVC Inc. President and CEO Mike George; Total Wine and More CEO Adam Orvos; and PETCO CEO Brad Weston.

Boxed Appoints B2B VP, Communications Head

E-Commerce wholesale retailer Boxed has brought on two new members to its growing executive team. Ashish Prashar and Behzad Soltani will fill the roles of Senior Director of Communications and VP of B2B, respectively. Soltani most recently served as the VP/GM of E-Commerce and Digital at Keurig, where he managed the $400 million direct-to-consumer business and digital strategy. Prior to joining Keurig, he was VP of Global E-Commerce and Business Development with Staples, responsible for growing and expanding product and services for B2B customers both online and in-store.

Ecrebo Appoints New U.S. President And Customer Success VP

POS marketing platform provider Ecrebo has appointed Mike Grimes as its U.S. President. In the role, Grimes will be responsible for accelerating Ecrebo’s operations in North America and support its customer base in the U.S. Grimes will spearhead the creation of Ecrebo’s North American team, initial customer acquisition, and the development and nurture of a strategic partner network.

Tiffany Appoints Luxury Veteran As CEO

Five months after former CEO Frederic Cumenal stepped down, Tiffany & Co. has found what it hopes to be its crown jewel. The luxury retailer’s Board of Directors unanimously named Alessandro Bogliolo as its next CEO. Bogliolo is expected to assume the role by Oct. 2, 2017. Most recently, Bogliolo served as CEO of global apparel and accessories retailer Diesel SpA. Prior to his run at Diesel, Bogliolo served for 16 years at Bulgari SpA, including in the roles of Chief Operating Officer and Executive VP of Jewelry, Watches and Accessories.

Former Express Marketing Exec Joins NRF

The National Retail Federation (NRF) has appointed Cristina Ceresoli, former VP of Marketing and Public Relations at Express, as its new SVP for retail strategy. In her new role, Ceresoli will be responsible for guiding NRF’s product offering and event content strategy.

Amazon Go Technology Director Leaves Company

Bali Raghaven, Director of Amazon’s “walk out” technology within Amazon Go stores, the retailer’s completely checkout-free grocery market, has left for a Vice President of Engineering position at the real estate startup Opendoor.

Carrefour Names New CEO And Chairman

Alexandre Bompard will take on the roles of CEO and Chairman at French multinational retailer Carrefour. Bompard will resign from his current role as Chief Executive of Consumer Electronics at Fnac Darty to succeed Georges Plassat, who has served as Carrefour CEO since 2012.
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