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Shuffle Board: Textile Exchange and Lulu’s Name New CEOs, C-Suite Changes at TJX, Dollar Tree

Retail

TJX

The TJX Companies Inc. promoted John Klinger to executive vice president and chief financial officer (CFO), effective Jan. 29.

Klinger will oversee corporate finance for TJX, including audit, treasury, tax and investor relations. He will continue to report to Scott Goldenberg who has been CFO since 2012. Goldenberg will continue as senior executive vice president, finance, with responsibility for certain other corporate functions.

As of Oct. 29, TJX operated 4,793 stores in nine countries, the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia, and five e-commerce sites.

Dollar Tree

Dollar Tree Inc. announced a number of key leadership additions, with Jennifer Bohaty, Terence Goods, Jennifer Silberman and Kristin Tetreault joining the organization as chief compliance officer, chief diversity officer, chief sustainability officer and chief communications officer, respectively.

Prior to joining Dollar Tree, Bohaty was global chief of ethics and compliance at LL Flooring, where she developed and enhanced regulatory relationships through equitably investigating and proactively addressing past compliance-related challenges.

Goods most recently served as vice president of diversity and inclusion at Southern Glazer’s Wine and Spirits, a $21 billion wine distributor in the U.S. with more than 22,000 employees.

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Before Dollar Tree, Silberman was vice president of ESG for Yeti, where she established the company’s first ESG priorities. Tetreault joins Dollar Tree from Stanley Black & Decker, where she was vice president of enterprise and executive communications.

Dollar Tree operated 16,231 stores across 48 states and five Canadian provinces as of July 30, under the brands of Dollar Tree, Family Dollar and Dollar Tree Canada.

Bed Bath & Beyond

Bed Bath & Beyond Inc. named Scott Lindblom as chief technology and digital officer.

Lindblom has served as the company’s chief technology officer since September 2020, and will now be responsible for managing the company’s digital channel. He will report directly to Bed Bath & Beyond president and CEO Sue Gove.

In his new role, Lindblom will oversee further development of an omni-always shopping experience for customers, including directing and shaping the end-to-end customer experience in partnership with marketing and brand leaders, end-user platform optimization and customer contact management and support. He will continue to drive the company’s technology transformation plan in support of operational excellence, creating an engaging, differentiated experience for customers.

Prior to joining Bed Bath & Beyond in 2020, Lindblom was executive vice president and chief information officer at Michael’s.

Brands

Lulu’s

Lulu’s Fashion Lounge Holdings announced that Crystal Landsem, currently co-president and chief financial officer, was appointed CEO, effective March 6, 2023.

David McCreight, currently CEO, will become executive chairman of the board, also effective March 6. These executive team changes represent a planned transition to the next generation of leadership. Mark Vos, currently co-president and chief information officer, will become president.

Lulu’s also announced the expansion of the size of its board of directors to nine with the appointment of Anisa Kumar to serve as a Class II director.

Kumar qualifies as an independent director was appointed to the Compensation Committee. She has been the chief customer officer at Narvar since 2021, leading all aspects of global implementation, customer success and support and customer strategy.

California-based Lulu’s is a digitally native fashion brand for women serving millions of customers worldwide.

Kamik

Kamik, a Canadian footwear and apparel eco-manufacturer, appointed Steeve Côté as chief operating officer.

In his new role, Côté will lead Kamik’s global operations, including supply chain management, manufacturing and logistics. Côté was most recently vice president of operations at Joseph Ribkoff, an important player in the Canadian fashion industry, managing manufacturing activities across Canada and Europe alongside distribution initiatives in over 64 countries worldwide.

Kamik has about 400 employees in its plants across Québec, Ontario and New Hampshire. Kamik footwear is available in over 10,000 outlets in more than 40 countries.

Ralph Lauren

Ralph Lauren Corporation announced the election of Wei Zhang, most recently senior advisor and prior president of Alibaba Pictures Group, to the company’s board of directors.

With the election of Zhang, the Ralph Lauren Board is now comprised of 13 directors.

Oboz

Rob Leo

Oboz Footwear, the True to the Trail outdoor footwear company headquartered in Bozeman, Mont., hired Rob Leo as vice president of finance.

Leo joins Oboz from Skullcandy Inc., where he held various positions in the finance department, most recently director of finance and treasury.

Textiles

Textile Exchange

Claire Bergkamp and La Rhea Pepper

Textile Exchange said its chief operating officer, Claire Bergkamp, will transition to CEO this January, while current CEO La Rhea Pepper will take on the role of catalyst and co-founder.

Over the past two years, Bergkamp and Pepper have worked closely to deliver a smooth succession plan while strengthening the organization and expanding its leadership. As Bergkamp steps into the role of CEO, she will be supported by recently hired chief business officer Lee Martin and chief strategy officer Ashley Gill.

Pepper’s new role will allow her to pivot into an advisory and catalyst role for the industry. Her focus within the organization will be interfacing with brands, stakeholders, partners and leaders to help them progress, along with the industry, toward achieving Textile Exchange’s Climate+ goals. She will also play a crucial role as a thought leader and motivator, helping to ensure that the organization’s mission and vision for the industry are spread far and wide.

Covestro

The supervisory board of Covestro unanimously appointed Dr. Thorsten Dreier as its new chief technology officer (CTO).

Dreier will take over on July 1, 2023, from Dr. Klaus Schäfer, who most recently extended his expiring contract by six months to ensure personnel stability for Covestro during a challenging period in the market as a result of the ongoing energy crisis. Dreier is currently global head of Covestro’s Coatings & Adhesives business.

Covestro is a manufacturer of high-quality polymer materials and their components. Covestro generated sales of 15.9 billion euros ($) in fiscal 2021. At the end of 2021, the company had 50 production sites worldwide.

Technology

Rokt

Rokt, an e-commerce technology company using machine learning to make transactions more relevant to shoppers, appointed Nathaniel Katz as chief financial officer.

Prior to joining Rokt, Katz was senior vice president of finance for cybersecurity software company Datto, where he led the finance and IT functions and drove the company’s successful IPO process in 2020.

Rokt also announced that Karen Katz, former president and CEO of Neiman Marcus Group, joined its board of directors. She currently serves on the boards of three public companies–Humana Healthcare, Under Armour and The RealReal.

Founded in Australia, with U.S. headquarters in New York City, the company operates in 14 countries across North America, Europe and the Asia-Pacific region.