These were the major retail executive moves in February
Kroger finally announced its new CEO, while Target shuffled its C-suite under new CEO Michael Fiddelke.
• 3 min read
After January’s flurry of new CEO announcements, February saw a few more new chief execs. But more retailers and CPGs were also filling out their C-suites with roles across chief operations, marketing, brand, customer, and merchandising officers. Here are the major moves to know:
- After a nearly yearlong search for a new leader following the sudden departure of Rodney McMullen last year, Kroger announced its new CEO is Greg Foran, former president and CEO of Walmart US.
- Target shared a number of C-suite moves under new CEO Michael Fiddelke. The retailer named longtime execs Lisa Roath as COO and Cara Sylvester as chief merchandising officer. Meanwhile, Chief Commercial Officer Rick Gomez and the retailer’s chief merchandising officer for apparel and accessories, Jill Sando, both departed.
- Corona beer maker Constellation Brands tapped board member Nicholas Fink as its next CEO, taking over for Bill Newlands amid the company’s slipping sales, effective April 13.
- Revlon appointed Mario Rivera, previously SVP and chief supply chain and logistics officer at CVS Health, as its new COO to oversee the beauty giant’s supply chain.
- Following its bankruptcy filing in January, Saks Global created the position of chief marketing and digital officer, naming Neiman Marcus Group exec Cheryl Han to the role.
- Claire’s named former Nike and Athleta exec Michelle Goad as its chief brand officer, the first C-suite hire since investment firm Ames Watson bought the retailer last August.
- Specialty grocer Sprouts hired two new C-suite execs: Michaels CMO Amanda Rassi will serve as chief customer officer, a newly created role, while Whole Foods vet Don Clark will be its chief merchandising officer.
- Selena Gomez-founded Rare Beauty promoted Ashley Murphy to CMO and Joyce Kim to chief brand officer, following the exit of former CMO Katie Welch to Chanel in January.
- JM Smucker eliminated the role of COO, with its former COO John Brase subsequently exiting the company and three other executives taking on expanded responsibilities.
- Magnolia Bakery named former Jamba and Jimmy John’s exec Nathan Louer as its new CEO as the famous New York City bakery expands franchising, retail, and CPG efforts.
- Supergoop announced former Peloton chief marketer Lauren Weinberg as its new CMO.
- WK Kellogg Co, the cereal business spun off from Kellogg’s, named Ferrero executive Jean-Baptiste Santoul as its COO.
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About the author
Erin Cabrey
Erin is a senior reporter for Retail Brew covering retail and consumer trends.
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.