Janet Hayes will be joining Crate & Barrel Holdings, Inc. on August 1 as its new CEO. A seasoned executive with over 25 years of retail experience, Hayes brings a track record of developing and repositioning brands with deep expertise in the home category. Between 2013 and 2019 she was president of the Williams-Sonoma brand.
Crate & Barrel said that after six successful years with the Otto Group— first as a member of the executive board of the Otto Group responsible for retail and later as CEO of Crate & Barrel Holdings— Neela Montgomery has decided to leave the company on August 1 to pursue new opportunities.
Groupon said that Rich Williams is no longer serving as CEO and that Aaron Cooper, Groupon’s president of North America, has been appointed interim CEO by the board of directors. Chief operating officer Steve Krenzer is also no longer serving in his role. Williams and Krenzer will continue as employees of the company.
Long-time Cost Plus World Market leader Barry Feld has left the Bed Bath & Beyond-owned retail banner to become CEO of 99 Cents Only Stores. Feld also will serve as a 99 Cents Only board member.
In a letter to shareholders sent by board chairman Patrick Gaston and interim CEO Mary Winston, Bed Bath & Beyond stated it was advancing on its strategic objectives including consolidation of non-core business at a time when there is speculation that the company will begin to sell at least some assets.
Patrick Byrne has resigned from his Overstock.com roles as CEO and member of the board of directors, and the company has appointed Jonathan Johnson interim CEO. The announcement was made by Allison Abraham, the chair of the company’s board of directors.
Ahold Delhaize USA’s Mark McGowan, president of the Stop & Shop supermarket chain, has decided to leave the organization. He will be replaced by Gordon Reid, president of the company’s Giant Food division.
Corie Barry has officially taken the helm of Best Buy, becoming the fifth CEO in the company’s 53-year history. She replaces Hubert Joly, who led the company through a successful turnaround over the past seven years and will now become executive chairman as part of a planned leadership transition.