C-level shakeups at Shopify, Wish and Peloton

This week brings comings and goings in the C-suites of Shopify, Wish, Amazon and Peloton. Plus, top retail and CPG executives are taking leading roles at Lands’ End, Hudson’s Bay and Goli Nutrition.

Here’s a look at the latest leadership moves:

Shopify, the ecommerce software company, made a pair of executive moves in a C-suite shakeup:

• Kaz Nejatian was promoted to chief operating officer. While remaining in his current role of VP of product, Nejatian will also be succeeding Toby Shannan, who is retiring.
• Jeff Hoffmeister was hired as chief financial officer. Hoffmeister joins from Morgan Stanley, where he worked in the technology investment banking group for more than two decades. He is set to succeed Amy Shapero, who is stepping down on October 27.

Vijay Talwar departed the CEO role at ecommerce marketplace Wish after seven months on the job. Joe Yan, operating partner at GGV Capital, is taking the role of interim CEO. Talwar was appointed in February, and sought to undertake a turnaround effort at the marketplace, which the New York Times reported had shed users and stock value as past leaders put too much emphasis on short-term growth. In June, Talwar launched a vlog series to provide a window into progress at the company. No reason for Talwar’s departure was given.

John Foley and Hisao Kushi, cofounders of Peloton , resigned their respective roles with the connected fitness company. Foley, who previously served as CEO before stepping down in February to make way for current top executive Barry McCarthy, is exiting the position of executive chairman. He will be replaced by Karen Boone, a former top executive at Restoration Hardware. Kushi will leave the chief legal officer role. He will be succeeded by Tammy Albarrán, who previously served as chief legal officer and corporate secretary at Uber. Peloton has been in the midst of a turnaround effort after a dip in late-pandemic demand and inventory issues put the company in tough financial straits.

Andrew McLean will become the next CEO of Lands’ End in January 2023. He will succeed Jerome Griffith, who is retiring at the end of the retailer’s fiscal year after five years with the company. McLean previously served as president of the international division at American Eagle Outfitters, where he is credited with driving ecommerce growth and expanding distribution partnerships with Amazon, QVC and Target.

Bruce Weiss. (Courtesy photo)

Bruce Weiss was appointed to the CEO role at Goli Nutrition , a wellness company that makes apple cider vinegar and vitamins, among other products. He joins a team that also recently brought on Stratis Philippis as chief legal officer, and Elizabeth Carter as chief financial officer. Weiss previously served as VP at Church & Dwight, where he lead the health and well-being division. He previously worked at Kraft Foods and Coca-Cola.

Sophia Hwang-Judiesch was appointed to the role of president at Hudson’s Bay , succeeding Wayne Drummond, who is retiring on September 19. The move comes after owners at HBC separated its in-person stores and ecommerce as standalone businesses of the apparel retailer last year. Hwang-Judiesch previously served as VP of strategic initiatives at Ulta Beauty, where she led the retailer’s Beauty@Target activation, and managed 13 workstreams. She previously held leadership roles at Carter's Oshkosh and Esprit de Corp.

Diana Frost was promoted to chief growth officer of North America at The Kraft Heinz Company . Previously, Frost served as head of North America disruption and Canada chief marketing officer for the food company. She played a key role in a joint venture with NotCo, which used AI to create plant-based versions of Kraft Heinz foods. Frost will oversee the Kraft Heinz in-house agency, and the company’s digital, personalization and paid media teams.