Big Lots’ evp/chief merchandising officer, John C. Martin, has announced that he is retiring from the company. Martin will continue in his current capacity until a successor is appointed, and he has committed to provide guidance to his successor and the company through May 2014, the company said.
“On behalf of the board of directors and our nearly 40,000 associates across the country, I would like to thank John for his dedication and unwavering support of Big Lots over the last 10 years,” Philip E. Mallott, chairman of the board, said. “He has been a highly valued member of our executive team in a number of different roles including merchandising, marketing, store operations and human resources. The knowledge transfer of his deep understanding of our business and the closeout industry has proven to be very valuable to David Campisi, our new CEO, and John’s role in on-boarding a new chief merchant should also provide for the best possible leadership transition during this critical time in our company’s evolution.”
David J. Campisi, CEO and president of Big Lots, added, “John has been incredibly helpful and valuable to me over my first two months with the company. He’s the consummate retail professional and I appreciate his insights on merchandising strategy and execution. Additionally, he and I together are working toward new marketing direction while looking for new leadership in this key area of our business.”
Martin has been evp and chief merchandising officer of Big Lots since August 2012. He has been with the company since 2003 in executive vice president positions, where he has been responsible for overseeing merchandising and administration functions of the company.
“In the near term, I am focused on helping the team execute our Fall and Holiday strategies to make the most of 2013 while also offering my support to my replacement once he or she is identified,” Martin noted. “Big Lots is a great company with great people, and I am excited about what the future holds for our business.”