Nike Inc. announced that effective Jan. 22, G. Scott Uzzell will become president and CEO of its Converse Inc. subsidiary.
Uzzell will report directly to Michael Spillane, president of categories and product at Nike. He replaces Davide Grasso, who has decided to retire at the end of this year.
Uzzell comes to Converse from the Coca-Cola Co., where he most recently served as president of its Venturing & Emerging Brands Group. In this post, he led the identification and development of a portfolio of high-growth brands, including Honest Tea, ZICO Coconut Water, Fairlife Milk and Suja Juice.
Based in Boston, Converse has a diverse portfolio, including men’s, women’s and children’s footwear, apparel and accessories. Converse product is sold globally by retailers in more than 160 countries and through 92 company-owned retail locations in the U.S.
Global Brands Group announced two key executive appointments as part of the company’s plan for long-term strategic growth.
Ronald Ventricelli has been named global chief operating officer and president of North America, a newly created role, and Mark Caldwell has been named chief financial officer. Both executives will report to Rick Darling, CEO of Global Brands.
Ventricelli was most recently CFO of Global Brands and, before that, at LF USA, Global Brands’ predecessor. Before joining the Group, he served as CFO at Frederick Atkins and Adrienne Vittadini.
Caldwell joined LF USA as a vice president of finance in 2010. He was promoted to senior vice president and corporate controller in 2012, and then to executive vice president of finance in 2014.
Global Brands Group designs, develops, markets and sells products under an array of owned and licensed brands in a wide range of product categories. The company also has a brand management joint venture, CAA-GBG Global Brand Management Group.
Eastman Chemical Co.
Eastman Chemical Co. announced that Damon C. Warmack, senior vice president of corporate development and Chemical Intermediates will retire mid-year in 2019 after more than 38 years with the company.
Effective Jan. 1, Dr. Lucian Boldea, currently senior vice president of Additives & Functional Products, will become an executive vice president and assume leadership of Chemical Intermediates in addition to his current responsibilities. Warmack will continue to serve on the executive team as senior vice president of corporate development during the transition of leadership of the Chemical Intermediates business and until his retirement.
Eastman is a global advanced materials and specialty additives company that produces a broad range of products found in items people use every day, including fibers used in apparel. Eastman serves customers in more than 100 countries and had 2017 revenues of approximately $9.5 billion. The company has its headquarters in Kingsport, Tenn.
Stein Mart Inc. appointed James B. Brown as executive vice president and chief financial officer. Brown will have responsibility for Stein Mart’s finance, internal audit, investor relations and asset protection areas.
Brown joins Stein Mart from Adrianna Papell Group, where he was CFO. He previously held CFO positions at Gordmans Stores and Hancock Fabrics. Brown succeeds Gregory W. Kleffner, whose pending retirement was announced in October. To ensure a smooth transition of responsibilities, Kleffner will remain with the company through the end of the fiscal year and then serve in an advisory capacity.
Infor GT Nexus
Kurt Cavano has stepped down from his executive leadership role at Infor GT Nexus Commerce Network.
Cavano led the founding of one of the earliest fintech companies, TradeCard, that pioneered how companies execute the financial supply chain. TradeCard started out focusing on eliminating Letters of Credit on a cloud platform that enabled brands, retailers, suppliers and finance providers to connect and collaborate within a single network. From 1999 to 2013, the company grew to more than 1,000 employees and tens of thousands of customers in over 70 countries, before merging with GT Nexus for $675 million in 2015, becoming the Infor GT Nexus Commerce Network.
The merged company grew to be one of the largest pure-play software-as-a-service supply chain company in the world. Today, there are more than 60,000 companies on the network, managing over $1 trillion in shipments and facilitating $50 billion in payments annually.
Cavano serves as an advisor to XRC Labs, an innovation accelerator based at New York’s Parsons School of Design. He also works with a startup in Sri Lanka that serves as an e-commerce platform for selling products hand loomed in remote villages of this island nation.