Labor

A roundup of April’s retail exec moves

Home Depot built a new role, while Walmart landed a new CFO.
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Retail news that keeps industry pros in the know

Retail Brew delivers the latest retail industry news and insights surrounding marketing, DTC, and e-commerce to keep leaders and decision-makers up to date.

A lot of retail execs decided to switch things up in April—here’s a short list of some of the most notable:

  • After just eight months on the job, Red Lobster CEO Kelli Valade abruptly exited her position with little explanation.
  • John Miller, the CEO of Denny’s, will retire at the end of 2022 after 11 years on the job.
  • A new CEO, Chris Hall, has popped over to Poppi, the trendy prebiotic-soda brand.
  • Home Depot built a new role: executive VP of customer experience. Matt Carey nabbed the job after serving as the home-improvement retailer’s EVP and CIO.
  • Walmart swiped John Rainey from PayPal to replace Brett Riggs as its CFO, leading to speculation that the retail giant will lean more into financial services.
  • Grove Collaborative also made a CFO hire—Unilever exec Sergio Cervantes, who headed up Murad Skincare—ahead of its plans to go public.

If the shoe fits…And Scott Schaefer, who had been serving as the interim CEO of Zappos since December, dropped the “interim” from his title. The retailer also hired its first CMO ever this month: former Amazon executive Ginny McCormick.—KM

Retail news that keeps industry pros in the know

Retail Brew delivers the latest retail industry news and insights surrounding marketing, DTC, and e-commerce to keep leaders and decision-makers up to date.