Friday January 31st, 2014 - 9:21AM
Anna's Linens announced that company president Scott Gladstone has been named chief executive officer of the home furnishings and home décor retailer. The company was founded with a single store in 1987 in Baldwin Park, CA by Alan Gladstone, and now has more than 300 stores throughout 19 states and is headquartered Costa Mesa, CA. Alan Gladstone, Scott's father, will remain as chairman of the board.
“Scott has spent the last eight years at Anna’s bringing innovation and business improvements to many different areas of the company. I am proud of what we have done together and have absolute confidence that he is the person who can lead us in writing the next chapter of Anna’s history,” said Alan Gladstone.
In naming Scott to the CEO position, Gladstone, 66, ensures that Anna's remains a family-run business. Currently, the company is the country's 13th largest retailer of home textiles and home décor with 3,200 employees, the company said.
The 44-year-old Gladstone, who joined Anna's Linens in 2005, was named president of the company in 2012. Prior to joining Anna's, Gladstone spent 10 years as president of the U.S. division of Sparco, a global manufacturer of automotive performance products and safety equipment.
“This company has always been about evolving; and this succession in leadership is yet another example of how we ensure that we are well positioned for the future,” said Scott Gladstone. “This is undoubtedly an exciting time for Anna’s and I look forward to building upon the legacy that my father has created.”
Stating that he would remain Anna’s leading “brand ambassador” and most vocal cheerleader, Alan Gladstone will continue to serve as chairman and work closely with the executive committee. “I’m truly excited about Anna’s future under Scott’s leadership,” said Gladstone.