Retail Executive Moves of 2011: Retail's Revolving Door

NEW YORK ( TheStreet) -- It has been a game of executive musical chairs in the retail industry since the beginning of the new year.

So far in 2011, there have been more than two dozen changes in the executive ranks at publicly held retailers.

The moves come, not coincidentally, on the heels of the recession, as retailers have stood on the sidelines amid the downturn, not wanting to make changes at the top. Instead they rode out the recession with familiar faces in the corner office, says Howard Gross, managing director at Boyden, an executive search firm.

>>5 Retail CEOs At Risk of Being Dethroned

But now, the return of the consumer and overall improvement in the market, there is an opportunity for those companies that get it right, says Leslie Berglass, chairman of the executive search firm bearing his name. This has created a pent-up demand for talent.

The key for these firms is finding the right leaders for a changing retail business model. Those at the top now have to run an integrated business that is both global and digital, Berglass says.

Meanwhile, with most chief executives of retailers over the age of 55, the sector must find a way to incorporate a contemporary mindset -- which makes finding the right C-level executives under the CEO especially important right now.

Here then is our running -- and constantly updated -- look at recent executive shake-ups at the top retailers...

The Pantry

The Pantry's ( PTRY) chief executive resigned on Aug. 22, citing personal reasons.

Terry Marks plans to step down within the next two months after he accepted "an opportunity that will enable me to return to my home and family in Atlanta," he said in a statement.

Marks has been at The Pantry for two years, coming from Coca-Cola ( KO).

The Pantry is currently searching for Marks' replacement, and Chairman Edwin Holman will serve as interim chief executive until a successor is named.

Marks' resignation is the latest in management shakeups at Pantry. In May, its operations vice president quit and in June it named a new general counsel.


RadioShack ( RSH) said that it hired a new chief financial officer in its latest management shake-up.

Dorvin Lively, 53, will be assume the role of CFO and chief administrative officer. RadioShack's CFO as well as chief administrative officer. Lively was previously CFO of privately held Ace Hardware and also held positions at Maidenform Brands and Toys 'R' Us, among other companies.

He replaces Jim Gooch, who assumed the role of chief executive when Julian Day announced his retirement in May.

At the time, the electronics retailer said it is separating the chairman and chief executive roles into two positions, with Daniel Feehan, chief executive of Cash America, assuming the position of chairman.

RadioShack has been struggling to remain relevant and in recent quarters has refocused its attention on the smartphone business.


It looks like Sears' ( SHLD) isn't looking for executives with prior retail experience to fill its vacant slots.

The department store announced on Aug. 16 that it named former Hewitt Associates Chief Financial Officer Robert Schriesheim to the same role at the company.

Schriesheim replaces William Phelan, who has served as acting CFO since Michael Collins resigned in May to "pursue another opportunity." Phelan will remain at the company.

At Hewitt, a human resources company, Schriesheim helped in the acquisition of Hewitt by insurance and HR firm Aon Corp. Schriesheim also served as chief financial officer of Lawson Software.

In February, Sears appointed a new CEO following a three-year search for a leader.

The department store, with billionaire investor Eddie Lampert at the helm, named Lou D'Ambrosio as chief executive. He succeeded Bruce Johnson, who served as interim CEO since 2008.

Prior to taking the leadership role, D'Ambrosio spent six months as a consultant to the board of directors on strategic and operational initiatives.

D'Ambrosio, who was formerly head of Avaya, a telecommunications company, has an impressive resume. But while his prior gigs include a 16-year stint at IBM ( IBM), his resume is void of any retail experience, raising questions about his ability to improve the struggling Sears.

Analysts have agreed that the Sears' biggest problem has been its merchandise mix and lackluster customer service. As a non-merchant, it is questionable if D'Ambrosio will be capable of fixing these major issues.

It has been speculated that Lampert's move to hire D'Ambrosio signals the billionaire has no interest in reviving the company, but is, instead, bent on taking it private.

In a letter to shareholders, Lampert defended his choice by touting D'Ambrosio's success at taking Avaya private, "delivering attractive returns to its shareholders."


Skate- and surf-inspired retailer Zumiez ( ZUMZ) named a new chief financial officer on Aug. 15.

The teen retailer appointed former Blue Nile ( NILE) executive Marc Stolzman to fill the post left vacant by Trevor Lang in June.

Chief Executive Richard Lang had been serving as acting CFO in the interim.

Stolzman was CFO of the online diamond retailer from June 2008 to November 2010. Prior to that, he served as CFO of Imperium Renewables and held several roles at Starbucks ( SBUX).

Lang, who had been at the company for four years, announced his departure in May, saying he plans to move back to Atlanta.


Tiffany ( TIF) announced on June 23 some shifts in its executive team.

The jeweler's long-time chief financial officer will become its first-ever chief operating officer. James Fernandez joined Tiffany in 1983 and has been serving as financial chief since 1989.

As CFO, Fernandez handled many operational duties, including overseeing diamond operations and real estate operations, as well as customer service, distribution and manufacturing.

Patrick McGuiness, senior vice president of finance, will assume the role of chief financial officer. McGuiness joined Tiffany in 1990.


Women's apparel retailer Chico's ( CHS) named a new chief financial officer on June 23.

Pamela Knous will replace Kent Kleeberger, who became the company's chief operating officer in March. Knous previously served as financial chief at Supervalu ( SVU) from 1997 to 2010.

Kleeberger has been at Chico's since 2007 and was formerly chief financial officer at Dollar Tree ( DLTR). He replaced Jeffery Jones, who held the post of chief operating officer for two years.

"We are pleased with the promotion of Kent Kleeberger to EVP-COO as he has done a great job keeping the lid on expenses with plans to further reduce SG&A by 150 basis points," analyst Jennifer Black, of the firm bearing her name, wrote in a note at the time of his appointment.

Black also notes that Kleeberger has kept "inventory in check" and has increased store productivity.


Guess' ( GES) chairman and co-founder, Maurice Marciano, announced on June 20 that he will retire in January 2012.

Marciano will continue as non-executive chairman and will remain at the company for two years as a consultant.

Marciano founded Guess with his brothers in 1981 and he has served as CEO and co-CEO from 1993 to 2007.

Earlier in the year, Guess named Nancy Shachtman as head of its North American store operations as it looks to expand its domestic store base.

Shachtman originally joined Guess in 1986 and has held several titles, including president of the wholesale division.

J.C. Penney

J.C. Penney ( JCP) announced on June 20 that retail veteran Myron (Mike) Ullman, III, will leave the company in February 2012.

Ullman will step down from both the board of directors and as CEO.

This comes a week after the department store said that Apple ( APPL) executive Ron Johnson will assume the post of CEO effective Nov. 1. Ullman, who has been at the helm of J.C. Penney since 2004, was set to stay on as executive chairman for an intermediate period.

Johnson comes to J.C. Penney from Apple where he spent 11 years as senior vice president of retail. Prior to Apple, Johnson was a merchandising executive at Target ( TGT).

Collective Brands

The owner of Payless Shoesource, Collective Brands ( PSS), announced on June 16 the resignation of its chief executive officer.

Matthew E. Rubel will leave the company immediately, and Collective Brands is currently searching for his replacement. In the interim, senior vice president Michael Massey will fill the role. Massey has said that he is not interested in running the company on a permanent basis.

Rubel will also step down as the company's chairman and as director and board member Scott Olivet will become the non-executive chairman.

Men's Wearhouse

Men's Wearhouse ( PSS) appointed Doug Ewert the chief executive of the company on June 15, as part of its previously released succession plan.

Ewert will succeed George Zimmer, co-founder of Men's Wearhouse. Zimmer will assist Ewert in matters related to the strategic direction of the company and will continue to be involved in marketing activities.

Ewert joined Men's Wearhouse in 1995 and has held several roles at the company.

Office Depot

Office Depot ( ODP) promoted its interim CEO to a permanent post on May 24.

Neil Austrian has been serving as interim CEO for the past seven months after Steve Odland abruptly resigned. Austrian previously served as interim CEO for five months in 2004 before Odland was appointed.

"We view this appointment as a positive indication that Office Depot is open towards sector consolidation,"Credit Suisse analyst Gary Balter wrote in a note. "Office Depot's board of directors may have been faced with a lack of candidates that it felt could engineer a turnaround. Rather than look outside the space or hire a less than ideal fit, Office Depot stayed internal with the highly capable Mr. Austrian."

But Balter notes that he did not get the sense that Austrian wanted to run the office supply chain over the long run, which could also be another possible signal of its openess toward consolidation. Hiring someone from outside the company may have prevented the merger for a few years, allowing the new leader time to turn around the business, Balter said.

Odland resigned in October merely days after Office Depot agreed to pay civil penalties tied to the company's disclosure of corporate information to a select group of investors and analysts. Odland and former Chief Financial Officer Patricia McKay agreed to pay civil penalties of $50,000.


Hanesbrands ( HBI) announced the resignation of its chief financial officer on May 12.

E. Lee Wyatt, 58, is leaving the company, effective June 30, to pursue other opportunities, the company said. Dale W. Boyles, controller and chief accounting officer, will serve as interim CFO while the company searches for a replacement.

Wyatt joined Hanesbrands in 2006, prior to the company's spin-off from Sara Lee.

Children's Place

Children's Place ( PLCE) named Eric Bauer to the newly created post of chief operating officer on May 10.

Bauer, 48, will be responsible for supply chain, planning and allocation, store operations, finance, information technology and real estate. Bauer most recently worked at Gap for eight years, holding the title of executive vice president for brand operations and chief operating officer for Gap North America.

Children's Place is also still searching for a new chief financial officer, after Susan Riley said on Feb. 11 that she is leaving the company.

Riley served as executive vice president of finance and administration. Children's Place said it will eliminate the position and has begun seeking a CFO.

John Taylor, vice president of finance, assumes the role of interim principal financial officer, while Bernard McCracken, vice president, controller, will take over as principal accounting officer on an interim basis.

Riley joined Children's Place in 2006 from Klinger Advanced Aesthetics. Prior to that, she served as CFO of Abercrombie & Fitch ( ANF).

Riley was originally tapped to replace then-CFO Hitem Patel, but in December 2007 Richard Paradise, senior vice president of finance, was appointed as CFO, reporting directly to Riley. Paradise retired less than a year later.


Gap ( GPS) is shaking up management once again.

On May 5, the specialty retailer announced the immediate dismissal of the design chief of its namesake brand. Patrick Robinson, who joined Gap in 2007, will leave immediately and the company is currently searching for his replacement.

"After spending the last three months in New York with the Creative team, I've made the decision to make a change within our Gap Adult design team," said Pam Wallack, head of the Gap Global Creative Center in New York.

Prior to joining Gap, Robinson had designed for Perry Ellis, Giorgio Armani and Anne Klein, among others.

This latest management reshuffle comes as Gap has been grappling with lackluster domestic sales and follows shortly after a string of leadership shifts earlier in the year.

In February, Marka Hansen, president of the namesake brand, submitted her resignation. She was replaced by Art Peck, who previously handled corporate strategy and oversaw the outlet division of Gap.

Peck, who joined Gap in 2005 from Boston Consulting Group, is the fourth person to fill the role of president in the past nine years.

Aside from the shift in president, Gap announced nearly two dozen position changes, including the promotion of Pam Wallack to head of a new Global Creative Center. The new creative center will be based in New York, not at its headquarters in San Francisco. Gap stores will also have a new ad agency, Ogilvy & Mather Worldwide.

As part of the restructure, Gap plans to merge the operation of its BananaRepublic and Gap chains with its outlet division.

Pacific Sunwear of California

Pacific Sunwear of California ( PSUN) announced on April 20 that it hired a former Walt Disney ( DIS) and Gap ( GPS) executive as its chief financial officer.

Michael Kaplan, who most recently served as chief financial officer of privately held retailer Harbor Freight Tools, will join Pacific Sunwear on May 2. He previously spent 16 years at Disney and five years as CFO of the Gap Outlet division and Banana Republic.

Kaplan will replace Mike Henry, who waheld the position since January 2008.

Urban Outfitters

Urban Outfitters ( URBN) announced on April 15 the resignation of its global president of its namesake brand.

Stephen Murray stepped down to move to London and "pursue an opportunity with a wholesale business having an international focus," the specialty retailer said.

Murray has held the position for only a year, after coming to Urban Outfitters from VF Corp.

"In our view, the decision boils down to a lack of execution at the namesake brand, which is ... battling to find its way in a changing fashion environment with feminine categories," Wall Street Strategies analyst, Brian Sozzi, wrote in a note. "However, on top of the spotty execution, we think the decision reflects Mr. Murray's heart being in the global wholesale business."

Chief Executive Glen Senk will assume Murray's duties until a replacement is found.

This ultimately, however, leaves a void in leadership at a critical time for the company, Sozzi notes, adding that the next person filling the role needs to have a strong merchant background.

"We continue to believe the women's business at the Urban Outfitters' division has been challenging and that this part of the business may remain under pressure throughout the spring season," Janney Capital Markets analyst Adrienne Tennant wrote in a note.

As a result, Tennant believes first-quarter results will miss estimates of 28 cents a share.


Nike ( NKE) announced on April 14 that it hired a new leader of its Hurley division.

Jim Calhoun, former Levi Strauss and Walt Disney ( DIS) executive, will take over as CEO of the brand, which makes surf and skate clothing and shoes.

At Levi, Calhoun served as executive vice president and president of the Dockers brand, and before that spent nine years at Disney in various roles. Calhoun also previously worked at Nike in its basketball business.

Nike acquired the Hurley brand in 2001.

Calhoun's appointment comes as Nike aims to achieve double-digit growth for its portfolio of brands that fall outside the core Nike nameplate. In 2010, the company's "other" business generated $2.5 billion in sales.


Buckle ( BKE) announced on April 7 that its chief financial officer will step down in 2012.

Karen Rhoads will remain at the teen retailer until the end of this fiscal year, which ends on Jan. 28, unless a new CFO is appointed before then. She will continue to serve on the board of directors.

Buckle did not provide a reason for her departure.

Hot Topic

Hot Topic ( HOTT) announced yet another change in management on March 28 with the resignation of its chief merchandising officer.

Amy Kocourek left the company effective immediately. Her duties will be assumed by CEO Linda Harper.

This comes a week after the departure of CEO Betsy McLaughlin, who was immediately replaced by Harper.

Harper has served on Hot Topic's board of directors since June 2008, following her five-year stint as chief executive of Gymboree.

McLaughlin will remain at the company for three months to help facilitate the transition.

The teen retailer has been struggling, reported a loss in its most recent quarter and announced that the business was being reviewed by an outside consultant.

Wall Street Strategies analyst Brian Sozzi says he is "unsurprised" by the news. "We would not be shocked if further sweeping changes are announced in the coming days, perhaps as it pertains to more aggressive store closures," he wrote in a note.

Sozzi previously named McLaughlin as a retail CEO at risk of being dethroned. Since McLaughlin assumed the role of CEO in 2000, shares of Hot Topic have fallen 27%.

Sozzi blames McLaughlin for over-expanding the teen retailer and being reluctant to reduce the store fleet.

While the company's namesake concept has been adrift, Sozzi notes that it is missing a real opportunity with its plus-size Torrid business.

Earlier in the year the head of Hot Topic's Torrid division, Chris Daniel, also announced he will step down on April 29.

At the time of the announcement, the company said McLaughlin would oversee Torrid as it searches for a replacement.

Charming Shoppes

Charming Shoppes ( CHRS) appointed Anthony Romano as president and CEO on March 24.

Romano, who previously served as chief operating officer, replaces Jim Fogarty, who quit in October 2010. Romano had been overseeing the day-to-day operations as the company searched for Fogarty's successor.

"Over the last several months, we have conducted a broad CEO candidate search, including both external and internal candidates. Tony's extensive experience managing and working in the many facets of apparel retail operations, and especially his knowledge and familiarity with Charming Shoppes in its current business turnaround mode, were key considerations in his appointment," the company said in a statement.

Fogarty was originally brought in as a financial turnaround specialist to help improve the company's depleted balance sheet.

Romano joined the company in 2009 as executive vice president of global sourcing and business transformation.

Charming Shoppes also named Brian Wolf as group president of its Lane Bryant division.

Wet Seal

Wet Seal ( WTSLA) named Ken Seipel as chief operating officer and president on March 21.

Seipel will start in his new role on March 28, reporting directly to CEO Susan McGalla.

Seipel most recently served as president and chief merchandising/marketing officer of Pamida Discount Stores. He has also held positions at Old Navy, Target ( TGT), Shopko Stores and J.C. Penney ( JCP).

The move comes after Wet Seal appointed McGalla, a former American Eagle Outfitters ( AEO)exec, as its new CEO on Jan. 11.

McGalla joined Wet Seal on Jan. 18 and her contract is set to run until Summer 2014.

Already McGalla is making her mark. The teen retailer announced in March that it will slash its store openings for the year by 50%. Wet Seal now intends to roll out 30 new namesake stores and between four to nine Arden B locations. It previously planned to open 60 Wet Seal chains.

McGalla spent 14 years at American Eagle, where she was most recently president and chief merchandising officer.

She replaces Ed Thomas, who was serving as interim CEO at Wet Seal.

American Eagle Outfitters

After much speculation, American Eagle Outfitter's ( AEO) CEO announced his resignation on March 9.

James O'Donnell, 70, will continue at the teen retailer until a replacement is named.

O'Donnell joined American Eagle as chief operating officer in 2000, was then appointed Co-CEO in 2002 and was named CEO in 2003.

But in recent years American Eagle has struggled to compete against rivals Abercrombie & Fitch ( ANF) and Aeropostale ( ARO). The company became even more strained when Abercrombie began lowering price points amid the recession.

Wall Street Strategies analyst Brian Sozzi has been theorizing O'Donnell's resignation since the beginning of the year.

"O'Donnell was on the hot seat coming into 2011 as a result of poor relative performance in 2010," he wrote in a note. "While other teen apparel chains returned to some form of health last year, reflecting the recharged U.S. consumer and more interesting products and promotions, American Eagle generally had inconsistent performance."

Kenneth Cole Productions

Kenneth Cole Productions ( KCP) announced the resignation of its CEO on Feb. 28.

Jill Granoff resigned unexpectedly and will be replaced on an interim basis by the company's namesake and chief creative officer, Kenneth Cole.

The company said Granoff's departure is a "mutual decision." She will also give up her seat on the board.

Granoff, who was previously an executive at Liz Claiborne, took the reins at Kenneth Cole in 2008.

Paul Blum, former president, will return to the company to assume the role of vice chairman.


Coach ( COH) said on Feb. 25 that its chief financial officer plans to retire in August.

The handbag and accessories maker is now searching for his successor.

Michael F. Devine has been at Coach for about 10 years. He previously held positions at Mothers Work and Strategic Distribution.

Devine said he is leaving the company to pursue personal interests and spend more time with his family.

"Mike has played a critical role in developing and executing the strategies that have driven our superior sales and earnings growth during his tenure with the company," said CEO Lew Frankfort.


Croc's ( CROX) appointed Andrew Davison as chief marketing officer on Feb. 25.

Davison previously served as senior director of digital innovation at Crispin Porter & Bogusky. He also held the role as chief marketing officer of the company's joint venture B-cycle, a bike-sharing program.

"Davison brings a wealth of marketing, branding and project development and innovation experience to Crocs," CEO John McCarvel, said in a statement.

In January, the footwear maker also named Becky Gebhardt to the newly created role of senior creative director.


Women's apparel retailer Talbots ( TLB) lost its chief of stores on Feb. 10 and is currently seeking a replacement.

John Fiske is departing from the company, which has struggled to regain its footing. He said he is leaving to pursue other opportunities.

Fiske was named to oversee retail operations in the U.S. and Canada in March 2009 and had headed human resources since April 2007.

Home Depot

Home Depot ( HD) announced on Feb. 10 the appointment of Trish Mueller as chief marketing officer.

She replaces Frank Bifulco, who was just two months shy of holding the post for three years. This is the longest a chief marketing officer has held the position in recent history.

Home Depot did not reveal the terms of his departure or Bifulco's next gig. Home Depot was Bifulco's first stint in retail, after previously holding roles at Procter & Gamble ( PG)and Coca-Cola ( KO).

Mueller previously served as vice president of advertising.

American Apparel

American Apparel ( APP) appointed John Luttrell, a former Old Navy and Wet Seal executive, as chief financial officer on Feb. 3.

Luttrell replaces Adrian Kowalewski, who resigned after just three years. When Kowalewski was appointed CFO back in 2008, it raised eyebrows on Wall Street, as he was just 31 years old at the time and relatively inexperienced.

Kowalewski will remain at American Apparel in the role of executive vice president of corporate strategy.

This is the latest executive change at the struggling apparel retailer. In October, American Apparel named Tom Casey, a former Blockbuster executive, as acting president to help fix the company.


Lowe's ( LOW) announced the retirement of its president and chief operating officer on Jan. 28, and said it will not fill the position.

Larry Stone will leave the home improvement retailer on June 2. He has served in virtually every leadership position in store operations, merchandising and store environment.

The announcement came only days after Lowe's said it plans on laying off 1,700 middle managers and adding thousands of hourly, part-time staff.


After months of leaving its chief merchandising officer role vacant, Wal-Mart hired Duncan Mac Naughton to fill the slot on Jan. 28.

The former head of merchandising, John Fleming, stepped down on Aug. 1, after serving at the company for 10 years. Wal-Mart postponed hiring a new chief merchandising officer this fall, instead appointing four new heads of product to adopt these responsibilities.

Mac Naughton will oversee all merchandise categories across more than 3,700 stores in the U.S. business, reporting to CEO Bill Simon.

Mac Naughton joined the company in 2009 as chief merchandising officer for Wal-Mart Canada. In October 2010, he was named executive vice president of merchandising for Wal-Mart U.S., where he was responsible for consumables, health and wellness, and Before joining the company, Mac Naughton held leadership roles at Kraft Foods ( KFT), H.E. Butt Grocery and Albertson's. He also served as executive vice president of merchandising and marketing at Supervalu ( SVU).

While Mac Naughton appears to have all the credentials necessary to fill the role, Wall Street may have been looking for more of surprise. "We would have viewed more favorably fresh eyes on a business that has not been working as well as it should be; a shakeup of sorts from the status quo of aggressively promoting food and consumables, while willing to lose share in margin enhancing departments," he wrote in a note.

The appointment of a new CMO comes at a critical time, as Wal-Mart grapples with five quarters of declining U.S. same-store sales. While the economic downturn lessened the spending power of its core customer, lackluster sales can also be blamed on internal mistakes.

Men's Wearhouse

Men's Warehouse ( MW) said on Jan. 27 that its board approved a succession plan where Chief Operating Officer Douglas S. Ewert would assume the role of CEO later in the year.

Ewert will succeed George Zimmer, who founded the company in 1973. Zimmer will remain on board as chairman, assisting in strategic and marketing matters.

Ewert will keep the title of president. The role of chief operating officer will not be filled.

Coldwater Creek

Women's apparel retailer Coldwater Creek ( CWTR) completed its reorganization of its product and merchandising divisions in January.

Jill Brown Dean was appointed president and chief marketing officer, succeeding Georgia Shonk Simmons, who announced her intention to retire last summer. Dean previously served as president of the Limited Too division of Tween Brands and has over 25 years of retail and merchandising experience.

Jerome Jessup was also promoted to president and chief creative officer. He previously served as executive vice president and creative director.

Coldwater Creek has restructured its executive ranks as it struggles to return to profit. The company is hoping the new team will improve what has been a lackluster assortment and reposition it to target its core demographic.

The Idaho-based retailer announced a replacement for the position of president and chief merchandising officer, effective May 1, 2011. A new chief financial officer was also appointed last April.

CVS Caremark

CVS Caremark ( CVS) said on Jan. 24 that incoming chief executive, Larry Merlo, will take the reins two months earlier than expected.

Merlo, who currently serves as chief operating officer, will become CEO on March 1, replacing Thomas Ryan. He had been expected to take over in May, according to a succession plan laid out last year. The drugstore did not provide a reason as to why Merlo's start date was moved up.

Ryan will remain at the company as non-executive chairman until he retires in May.

Merlo had been temporarily overseeing CVS' retail business until early January, when the company appointed two executives to lead the division as it searches for a new president. An injunction by Wal-Mart successfully stymied CVS from hiring one of the company's former executives for the role as retail president.

CVS instead appointed Mike Bloom, executive vice president of merchandising and supply chain, and Scott Baker, executive vice president of internal operations and real estate, to lead CVS/pharmacy until a new retail president is named.

J.C. Penney

J.C. Penney ( JCP) lost its long-time CFO in January.

Robert Cavanaugh resigned from the post, which he held for 32-years. He is replaced by Michal Dastugue, senior vice president of finance. Dastugue joined J.C. Penney in 1991.

Cavanaugh will remain on board as advisor to the chairman and CEO until he retires in January 2012.

The department store also promoted two other executives. Ken Mangone was named executive vice president of product development, design and sourcing, and Ed Robben was named senior vice president and chief information officer.

--Written by Jeanine Poggi in New York.

>To contact the writer of this article, click here: Jeanine Poggi.

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