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03 May 2022
On the Move: Meet the new CMOs at Dickies, Jordan Brand, PF Flyers
Here's a look at the latest hiring moves around consumer goods and ecommerce.
Here's a look at the latest hiring moves around consumer goods and ecommerce.
Welcome to On the Move. In this hiring-focused weekly feature, The Current is rounding up recent arrivals and departures at brands and retailers across the ecommerce landscape.
This week, we’ve got updates on leadership transitions at Thrasio and Osprey, news about a quartet of new CMOs and key growth roles at Nike and Reebok.
Here’s a full roundup:
Greg Greeley (Courtesy photo)
Ecommerce aggregator Thrasio announced a new CEO this week. Greg Greeley, formerly an executive with Amazon and AirBnB, will succeed Carlos Cashman, a cofounder who will remain on the company’s board. The change is effective in August.
Launched in 2018, Thrasio is among the most prominent among businesses that pioneered a model of acquiring consumer goods brands selling on Amazon, and applying tech and operations expertise across a portfolio to unlock growth. The Boston-based company owns more than 200 brands.
At the same time as the CEO shift, the company is also making layoffs. According to Techcrunch, the Thrasio is set to inform “a portion” of its staff of layoffs this week as part of a reorganization designed to “properly absorb and grow the businesses we have acquired, make sure we have rigorous processes and controls, and then look to re-scale our team in the optimal areas for growth," leaders wrote in a memo.
David L. Casey (Courtesy photo)
Tapestry, Inc., the parent of luxury brands including Coach, Kate Spade and Stuart Weitzman, hired David L. Casey as chief inclusion and social impact officer. The newly created position is designed to reflect the company’s “ongoing commitment to building Tapestry’s inclusive culture and creating a company that truly reflects the diversity of its customers,” according to an announcement.
Casey previously served in chief diversity officer roles at CVS Health and Anthem.
“Tapestry’s approach to corporate responsibility is based on driving real, measurable change towards a more equitable, inclusive and sustainable world,” Tapestry CEO Joanne Crevoiserat said in a statement. “We believe that difference sparks brilliance and are building a culture where all our employees can be their authentic selves. To that end, we are extremely pleased that David is joining our leadership team. He brings to Tapestry over 20 years of experience in strategic EI&D work and is widely recognized as an expert in the field. David’s passion for EI&D will be invaluable as we build on the strong foundation and inclusive culture already in place.”
Maggie Gauger was promoted to the role of global VP of direct acceleration, Footwear News reported on Monday, citing a LinkedIn post. Gauger has 20 years of experience at the apparel and footwear brand, having most recently led a team of more than 150 people as VP of marketplace. Gauger will play a key leadership role in Nike’s Consumer Direct Acceleration strategy, which includes emphasizing DTC and digital channels, while at the same time pulling back from some wholesale channels.
Shannon Watkins. (Photo via Aflac)
In other news from Nike, Jordan Brand named Shannon Watkins as chief marketing officer.
Watkins most recently served as chief brand and marketing officer at Aflac, where she played a key role in a partnership with ESPN's College Gameday, and drove a renewed focus on Historically Black Colleges and Universities, Sportico reported.
“We need innovative leadership, someone who can lead us into the future by pushing creativity, championing diversity, and bringing our purpose to life,” Jordan Brand CEO Craig Williams told Sportico. “Shannon’s experience across multiple industries and business sectors will do just that, helping to lead our marketing efforts into the future.”
Watkins' appointment comes after a lengthy search to replace Sean Tresvant, who is now chief brand officer at Taco Bell. She begins in the role on May 16.
Steve Robaire (Courtesy photo)
Steve Robaire is the new EVP of Reebok International, parent company Authentic Brands Group announced.
The longtime Reebok executive is being tapped to lead the sportswear brand’s global expansion, and serve as the first point of contact for Reebok’s international partners.
Over a nearly 15-year career with Reebok, Robaire honed international experience while serving in Greater China, Amsterdam and Paris.
“Steve’s track record in growing Reebok’s market share and sales growth in Greater China and Europe makes him an excellent leader for driving Reebok’s business across all international markets,” said Reebok Chief Brand Officer Jarrod Weber, in a statement. “There’s an incredible appetite for the brand across key markets, and with Steve leading the charge, we are primed for success.”
The appointment is effective July 1.
Angela Hsu (Courtesy photo)
Home goods marketplace Overstock named Angela Hsu as its new chief marketing officer, according to Furniture Today. Bringing more than 25 years of experience in marketing areas including digital, ecommerce and social media, Hsu previously held leadership roles at Lamps Plus, News Corp and Warner Bros.
“I’m humbled by the opportunity to collaborate with a group of incredibly talented marketers and a winning executive leadership team,” Hsu said in a LinkedIn post announcing the move. “I look forward to shaping the way we create dream homes for all and delivering sustainable, profitable market share growth.”
Layne Rigney (Courtesy photo)
Outdoors brand Osprey Packs announced the departure of CEO Layne Rigney, effective April 28, Bicycle Retailer and Industry News reports. Rigney joined the company as president in 2016 before assuming the role of CEO. He overaw the launch of Osprey’s DTC channel, and recently guided the company through a $414 million acquisition by consumer goods company Helen of Troy.
In appointment news, Noel Geoffroy will join the Helen of Troy as chief operating officer on May 9, overseeing day-to-day business. Geoffroy brings 25 years of experience in president and general manager roles at Sanofi, Kellogg, H. J. Heinz and Procter & Gamble.
Sarah Crockett (Courtesy photo)
VF Corp.-owned workwear brand Dickies appointed Sarah Crockett as global chief marketing officer as the company gets ready to celebrate its 100th anniversary.
Crockett brings prior CMO experience from Backcountry and Burton Snowbards, as well as marketing leadership roles at Vans and REI.
“As we continue to focus on global growth, I know Sarah’s expertise will help accelerate our business through a digital-first mindset as we look to deepen our relationships with consumer communities globally,” said Dickies Brand President Denny Bruce, in a LinkedIn post.
Lisa Lewis (Courtesy photo)
Lifestyle shoe company PF Flyers hired Lisa Lewis as chief marketing officer. In the role, Lewis will be leading a relaunch of the brand. She brings 20 years of experience at brands including Piaggio Fast Forward, Sonos Inc., Converse’s Chuck Taylor Brand, Puma and Keds.
Founded in 1937, PF Flyers was acquired by DTC entrepreneur Kassia Davis from New Balance in 2021.
"After an extensive search, we've finally found a marketing executive who I think is the perfect fit for our brand. Lisa's industry experience is unmatched, and I'm very excited to see where we can take PF Flyers with her pioneering the marketing strategy," Davis said in a statement.
Chinese ecommerce company Alibaba made the following leadership changes among the services it owns, according to the South China Morning Post.
The moves follow a management shuffle in December that included the introduction of a new CFO and the appointment of new leaders for its ecommerce divisions. It arrived as Alibaba is facing increasing regulatory pressure from the Chinese government.
Labor disputes on the West Coast could cause further disruption heading into peak season.
When the first half of 2023 is complete, imports are expected to dip 22% below last year.
That’s according to new data from the Global Port Tracker, which is compiled monthly by the National Retail Federation and Hackett Associates.
The decline has been building over the entire year, as imports dipped in the winter. With the spring, volume started to rebound. In April, the major ports handled 1.78 million Twenty-Foot Equivalent Units. That was an increase of 9.6% from March. Still it was a decline of 21.3% year over year – reflecting the record cargo hauled in over the spike in consumer demand of 2021 and the inventory glut 2022.
In 2023, consumer spending is remaining resilient with in a strong job market, despite the collision of inflation and interest rates. The economy remains different from pre-pandemic days, but shipping volumes are beginning to once again resemble the time before COVID-19.
“Economists and shipping lines increasingly wonder why the decline in container import demand is so much at odds with continuous growth in consumer demand,” said Hackett Associates Founder Ben Hackett, in a statement. “Import container shipments have returned the pre-pandemic levels seen in 2019 and appear likely to stay there for a while.”
Retailers and logistics professionals alike are looking to the second half of the year for a potential upswing. Peak shipping season occurs in the summer, which is in preparation for peak shopping season over the holidays.
Yet disruption could occur on the West Coast if labor issues can’t be settled. This week, ports from Los Angeles to Seattle reported closures and slowdowns as ongoing union disputes boil over, CNBC reported. NRF called on the Biden administration to intervene.
“Cargo volume is lower than last year but retailers are entering the busiest shipping season of the year bringing in holiday merchandise. The last thing retailers and other shippers need is ongoing disruption at the ports,” aid NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “If labor and management can’t reach agreement and operate smoothly and efficiently, retailers will have no choice but to continue to take their cargo to East Coast and Gulf Coast gateways. We continue to urge the administration to step in and help the parties reach an agreement and end the disruptions so operations can return to normal. We’ve had enough unavoidable supply chain issues the past two years. This is not the time for one that can be avoided.”