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Shuffle Board: New Walmart CFO, Malouf Taps Two, Delta Apparel Names President

Retail

NRF Foundation

Four executives were named members of the NRF Foundation board of directors during its meeting on April 13.

The new board members are Nike vice president of global retail operations Kevin Ertell, Best Buy Co. Inc. chief supply chain officer Mark Irvin, American Express national client group vice president (VP) and general manager Ann Sattin and Walmart senior VP of associate learning and leadership Lorraine Stomski.

The NRF Foundation board is chaired by Bloomingdale’s chairman and CEO Tony Spring. The NRF Foundation provides the skills and resources needed for a life-changing career in retail.

Walmart

Walmart Inc. named John Rainey as EVP and CFO, and Delta Apparel appointed Matt Miller as president of the Delta Group.
John Rainey Courtesy

Walmart Inc. named John Rainey as executive vice president (EVP) and chief financial officer (CFO), effective June.

Rainey joins Walmart from PayPal, where he currently serves as the company’s CFO and EVP of global customer operations. Prior to that, he was EVP and CFO at United Airlines.

The company previously announced that Brett Biggs, who currently serves as CFO, would be leaving to pursue new opportunities. Biggs will support the transition to Rainey over the coming months, remaining in the CFO role until June 6 and then serving as an advisor until he leaves the company on Jan. 31, 2023.

As part of the transition, he will also continue representing the company as a board member on Walmart’s FinTech startup joint venture with Ribbit Capital.

Intermix

Walmart Inc. named John Rainey as EVP and CFO, and Delta Apparel appointed Matt Miller as president of the Delta Group.
Karen Katz Courtesy

Intermix announced that Karen Katz, former president and CEO of Neiman Marcus Group, was elected to its board of directors.

After eight years as CEO and 33 years with the company in a variety of positions, she retired in 2018. Today, Katz serves on the boards of Humana Healthcare, Under Armour and The RealReal.

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Intermix is a curated, omnichannel women’s fashion business comprised of 29 boutiques with hyper-localized assortments and a rapidly growing e-commerce channel. The brand is known for curating styles from a mix of established and emerging designers.

Brands

Delta Apparel

Delta Apparel Inc., a provider of activewear and lifestyle apparel products, announced that its board of directors appointed Matt Miller as president of the Delta Group, effective April 25.

Miller has most recently served as interim CFO at Ardmore Home Designs from June 2021 to April. Prior to joining Ardmore, he was president and CEO of Interface Americas, a global flooring company.

Delta Apparel, along with its operating subsidiaries DTG2Go, Salt Life and M.J. Soffe, is a vertically integrated, international apparel company that designs, manufactures, sources and markets a diverse portfolio of core activewear and lifestyle apparel products under the primary brands Salt Life, Soffe and Delta.

Malouf

Malouf named Tyler Shurtleff as vice president of operations and Greg Law as director of procurement.

With recent global supply chain constraints, Shurtleff and Law will work together with their teams to ensure Malouf operations remain strong in the future.

Shurtleff started at Malouf over a year ago in a hybrid operations and business development role. His new position as vice president of operations will cover the entire supply chain process, including purchasing, demand planning, and logistics and distribution. Before coming to Malouf, Shurtleff was part owner of CampSaver, an outdoor gear e-commerce company.

Law previously worked at iFit, a home fitness equipment firm, most recently as vice president of sourcing and quality.

Textiles

National Association of Manufacturers

Milliken & Company president and CEO Halsey Cook was elected to the board of directors of the National Association of Manufacturers (NAM).

NAM is the largest industrial trade association in the U.S., with more than 14,000 members, from global brands to local manufacturers. Milliken & Company is a global manufacturer of products for the textile, flooring, chemical and healthcare industries.

Trade

The Port Authority of New York and New Jersey

The Port Authority of New York and New Jersey announced that Sam Ruda, who has presided over record-setting growth at the East Coast’s busiest seaport, is stepping down as director of the Port Department.

Beth Rooney, who has more than three decades of experience and has been an integral part of the Port Department since 1993, was appointed as director. Having served as deputy director for the past three years, she will assume the director role on May 2.

Ruda is departing the agency to return to his home on the West Coast. He joined the Port Authority in 2015 after a 29-year career in transportation, including 12 years as a key member of the Port of Portland management team in Oregon. He was appointed to head the Port of New York and New Jersey in April 2019, five months after being named interim director.

The seaport handled 759,248 20-foot equivalent units (TEUs) in February, setting a new record for cargo movement in any month of February in its history. Volume during the month was nearly 30-percent higher than in February 2019, and the agency experienced new record volumes month over month beginning in early 2020. In 2021 overall, the port moved a total of nearly 9 million TEUs, an increase of 20.2 percent from the annual 2019 pre-pandemic total and the highest single-year total in its history.

Trade Shows

Informa

Informa Markets Fashion, host to fashion trade events including Project, Magic, Coterie and Sourcing at Magic, appointed Brian Nyilas as guest merchandiser for its suite of Project events.

Nyilas brings a decade’s worth of experience in the fashion industry and specialized background in merchandising to the newly created role of guest merchandiser, where he will oversee all guest merchandising on behalf of the Project events as part of Informa Markets Fashion.

Nyilas previously was a director at Fred Segal.