Labor

These were the retail C-suite moves to know in May

Trader Joe’s, Panera, and Pacsun all announced new CEOs.
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Getty Images/Melissa Renwick

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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.

Retailers spent the month of May saying hello to new CEOs (and a few other C-suite roles, too). Here were May’s most notable retail executive hires and promotions:

  • Trader Joe’s said its CEO Dan Bane is stepping down from his role in July after 25 years with the grocer. President and COO Bryan Palbaum is set to take over as chairman and CEO.
  • Panera Brands promoted José Alberto Dueñas, Einstein Bros. Bagels’s president and CEO to the CEO role at Panera Bread, effective July 1, as the company readies to go public. Its current CEO, Niren Chaudhary, will shift to board chair.
  • Pacsun co-CEO Brie Olson is becoming the retailer’s sole CEO starting June 15, with fellow co-CEO Mike Relich retiring from the role and moving to the vice chair spot.
  • The Vitamin Shoppe announced Lee A. Wright, its interim CEO since January, will take on the position permanently. It also promoted Muriel Gonzalez, EVP and chief merchandising and marketing officer, to the newly formed president position.
  • Oatly named global president Jean-Christophe Flatin to the CEO role, while Toni Petersson, its CEO since 2012, will serve as co-chair. Flatin joined the oat-milk maker last year after 30+ years with candy giant Mars.
  • Ben & Jerry’s CMO Dave Stever, who joined the company as a tour guide at its Vermont plant in 1988, was promoted to CEO of the ice cream giant. He fills the spot vacated by Matthew McCarthy, who retired after five years in the role.
  • Joann president and CEO Wade Miquelon retired after seven years with the company, with Chief Customer Officer Chris DiTullio and CFO Scott Sekella leading in the interim.
  • Allbirds co-founder Tim Brown transitioned from the co-CEO role to become the brand’s chief innovation officer.

As for non-CEO moves: Sephora US brought on PepsiCo and Kimberly-Clark vet Zena Srivatsa Arnold as its new CMO.

  • Walmart added Latriece Watkins as its US chief merchandising officer.
  • Torrid CFO and COO Tim Martin departed after just eight months in the dual roles.
  • Dollar Tree named Mike Kindy, a former Dollar General exec, as its new chief supply chain officer.
  • Bath & Body Works tapped Target vet Maurice Cooper as its chief customer officer.
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.