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On the Move has a handful of leadership updates in ecommerce and retail
Welcome to On the Move. Every week, The Current is rounding up the comings and goings of leaders at brands and retailers across the ecommerce, retail and CPG landscape.
This week, top executives are joining brands, retailers and tech companies. Amid the handful of hiring moves, companies that had interim CEOs in 2022 now have permanent leaders heading into 2023.
Take a look:
Guillaume Motte is the new CEO of Sephora, the beauty retailer announced in a LinkedIn post this week. Motte is an insider at LVMH Group, which owns Sephora, and is currently deputy CEO of the LVMH Fashion Group. Motte succeeds Chris de Lapuente, who assumed the CEO role in June after the departure of Martin Brok. “I have no doubt he will continue to build Sephora into the extraordinary premium beauty retailer we envision,” de Lapuente said of Motte, in a statement.
Guillaume Motte (Photo via LinkedIn)
Christine Barone is joining drive-thru coffee business Dutch Bros as president. Arriving in the first quarter, Barone will report to Joth Ricci, who will remain as CEO. Since 2016, Barone previously served as CEO of restaurant and lifestyle brand True Food Kitchen. Dutch Bros is aiming to expand to 4,000 shops in the next 10-15 years. Ricci called Barone “a well-respected industry leader known for her incredible strategic and operational skills.”
Dave Flitman was named CEO of foodservice distributor US Foods, effective Jan. 5, 2023. Flitman brings more than 35 years of experience in manufacturing and distribution across multiple industries, including food distribution. He previously served as CEO of building products supplier Builders FirstSource, BMC Stock Holdings and foodservice distribution company Performance Foodservice. Flitman will step into the top role at US Foods following the departure of Pietro Satriano in June.
Dave Flitman. (Courtesy photo)
Bob Holt will become the CEO at Revolution Beauty, assuming the permanent position after leading the brand on an interim basis since mid-October. Holt stepped in after Adam Minto stepped away from day-to-day duties amid an accounting probe and later resigned. Holt brings experience leading a turnaround at SureServe Group and growth at Mears Group.
"Over the past six weeks I have seen first-hand the quality of people working at Revolution Beauty, the overall popularity of the brand and innovation of products for customers around the world,” said Holt, in a statement. “I believe there is a huge opportunity for the business as it moves ahead and I am confident that, together with the team, we will drive the business forward."
Peter Karpas was appointed CEO of Bold Commerce, a software company that provides checkout and subscription experiences for DTC brands and omnichannel retailers. Karpas brings experience from PayPal, Intuit and First Data, having worked in leadership roles and on new product launches across ecommerce, payments and fintech. In the CEO role, Karpas will succeed Bold Commerce cofounder Yvan Boisjoli, who is set to focus full-time on guiding business development and strategic partnerships.
LadderUp is aiming for 50% LGBTQ+ and BIPOC participation. Shopify will provide access to its platform.
LadderUp will include an 8-week ecommerce course. (Courtesy photo)
Shipt is launching a new accelerator program designed to provide ecommerce tools for local retailers.Called LadderUp, the program is centered on equity. Target-owned delivery owned Shipt said conversations with business owners have revealed that local entrepreneurs face “gaps” in technology, but they also want to participate in ecommerce platforms. The COVID-19 pandemic was especially difficult for Black business owners, who saw earnings drop between 11-28% in 2019-2020, as compared to the earnings decrease of 5-17% for the rest of the population.
With the new program, the company’s goal is to reach at least 50% LGBTQ+ and BIPOC participation in the program.
Shipt is aiming to serve businesses in Atlanta, Birmingham, Alabama, Detroit, Houston and Washington, D.C.
Target categories include: grocery/beverage, health, beauty, and floral/gifts retailers.
“Working with small businesses to build up their capabilities is a key part of our commitment to help create healthier, more resilient and equitable communities,” said CEO Kamau Witherspoon. “We recognize the unique role that we can play in both combating hunger in under-resourced communities and boosting small, local retailers that are so vital to communities across our country.”
Education: Business owners who are selected will receive an 8-week course with industry leaders that covers business-building topics including finances, efficiency, marketing, ecommerce 101, the basics of using Shipt, and legal knowledge.
Funding: Upon completion, retailers will provide $5,000 for businesses to invest in ecommerce.
Shopify access: Shopify, which is partnering with Shipt, is also providing to its access for a limited amount of time to help business owners build an online storefront and manage inventory. The program will also provide technical assistance.
Applications are open Feb. 6- March 6.