The Container Store has provided further details on its leadership transition when Kip and Sharon Tindell retire from their executive posts.
The company announced that Kip Tindell will transition from chairman of the board to chairman emeritus. Melissa Reiff, CEO, will succeed him and add chairman of the board to her role, effective as of the company’s 2019 annual meeting.
In addition, Sharon Tindell, president and chief merchandising officer, will retire from her roles and transition to president emeritus at the conclusion of the 2019 annual meeting. At that time, John Gehre, who joined The Container Store in June 2018 as evp/merchandising and planning, will succeed Tindell as the company’s chief merchandising officer.
Reiff stated, “Recently we announced some exciting, yet bittersweet news. Kip and Sharon Tindell, who have helped build our great company since its founding in 1978, will be retiring in August of this year becoming chairman emeritus and president emeritus respectively. We, The Container Store, celebrated our 40th anniversary last July, and Kip and Sharon have been here every step of the way. As my dear friends and colleagues, I’m thrilled for them to be able to spend more time together and move to the next chapter of their lives. Thank you, Kip and Sharon, for building an incredible and sustainable company, and for your love and generosity.”