Labor

A roundup of June’s major retail exec moves

Retail execs, it seems, aren’t exempt from the Great Reshuffle.”
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Francis Scialabba

· less than 3 min read

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We’re officially halfway through the year, and while it might seem like everyone was on vacation this month (judging by the chaos at major airports), retail execs were making moves:

  • In a surprise announcement in early June, Amazon said its CEO of worldwide consumer business, Dave Clark, would be stepping down. A few days later, we found out why: He’s headed to the startup world to lead supply-chain software company, Flexport.
  • Back at Amazon…Doug Herrington, its SVP of North America consumer, will step into Clark’s vacated role, now called chief executive of worldwide Amazon stores. Herrington previously helped establish Amazon Fresh.
  • With the departure of co-founder and CEO Ben Silbermann, everyone’s favorite vision-board platform decided it was time to bring in the big guns. Pinterest hired Bill Ready, Google’s head of commerce, to lead it into e-commerce and beyond.
  • LVMH executive Chris de Lapuente is reportedly returning to Sephora as CEO, a role he previously held for a decade. He’s replacing Martin Brock, who left after just two years.
  • Dollar Tree’s C-suite got a major overhaul this month with the departure of five executives: ​​COO Thomas O’Boyle, CFO Kevin Wampler, Chief Strategy Officer David Jacobs, CIO Andy Paisley, and Chief Legal Officer and Corporate Secretary William Old—this just a few months after the company agreed to revamp its board in response to pressure from an activist investor.
  • The founder of Atlanta-based fast-casual chain Slutty Vegan stepped into a role intended to bridge the gap between delivery giant DoorDash and the restaurant industry. Pinky Cole, who worked as a Dasher before opening Slutty Vegan, will be its chief restaurant advisor for a year.
  • And struggling home retailer Bed Bath & Beyond just ousted CEO Mark Tritton this week amid sinking sales.

Join the family: Swarovski named a new CEO—Alexis Nasard—who is the first non-family member to hold the position in the company’s glittering history.—MA

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