From the end of a family’s decades-long Revlon reign to a grocery CEO appointment 38 years in the making, August saw a slew of intriguing C-suite moves. These were the biggest ones to know:
- Revlon president and CEO Debra Perelman left her role with the cosmetics giant, with executive chair Elizabeth A. Smith succeeding her in the interim. Perelman’s father Ronald Perelman had majority ownership of Revlon from the mid-’80s until a deal with creditors earlier this year wiped out his ownership shares as part of the company’s financial restructuring.
- Uniqlo owner Fast Retailing’s international CEO and head of North America, Daisuke Tsukagoshi, will shift to become its COO.
- Walmart promoted Sam’s Club CEO Kathryn McLay to lead Walmart’s international division, taking over for Judith McKenna, who will be retiring after 27 years with the retailer.
- Carlos Abrams-Rivera, Kraft Heinz’s president of North American operations, will take over the CEO role, with the added role of president, on January 1. Outgoing CEO Miguel Patricio will move to non-executive chair of the board.
- Grocery chain Giant Eagle announced Bill Artman, who began with the retailer as a bag clerk in 1985 and was appointed interim CEO in March, has been named to the chief executive role permanently.
- Grove Collaborative co-founder Stuart Landesberg exited his CEO role to become executive chairman, replaced with Jeff Yurcisin, who was previously an Amazon exec and CEO of Zulily.
- Adrienne Lazarus, former co-CEO of DTC intimates brand Cuup, was named president of Madewell.
- Designer Brands president Bill Jordan will step down after 18 years with the company.
- American Eagle Outfitters COO Michael Rempell is departing after 23 years with the retailer, with a successor yet to be named.
- Macy’s tapped McKinsey & Company vet Massimo Magni as its chief customer and digital officer after Matt Baer vacated the role to serve as CEO of Stitch Fix.
Planting seeds: Plant-based dairy maker Miyoko’s Creamery named Stuart Kronauge, former Beyond Meat CMO and Coca-Cola exec, as its new CEO. The appointment comes after the company was embroiled in a now-settled legal battle this year with founder and former CEO Miyoko Schinner over her termination in June 2022.
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