Industry Moves: Longtime Nike Board Member Retires, Norsa Returns to Ferragamo

May 28, 2020: Nike Inc. has announced the retirement of John Thompson, Jr. from its board of directors. A former head coach of the Georgetown men’s basketball team, Thompson has been a director of the company since 1991. His retirement will go into effect on May 31, after which he will serve the board as directer emeritus.

May 27, 2020: Michele Norsa is making a return to Ferragamo as director and executive deputy chairman, effective May 28. The former CEO of the company will work with Ferruccio Ferragamo, who will remain chairman. His son, James Ferragamo, has resigned from the board, allowing Norsa to be added. (James will continue as brand and product and communications director.) Micaela le Divelec Lemmi will remain the company’s CEO and plans to work with Norsa to forge ahead with the company’s strategic plans.

Michele Norsa
Michele Norsa
CREDIT: REX/Shutterstock

May 27, 2020: Lacoste has appointed Robert Aldrich as CEO of the North America Region and Pedro Zannoni as CEO of the Latin America Region. They will report to Jean-Louis Delamarre, EVP of global markets and distribution. “These two arrivals illustrate the brand’s ambition to strengthen and accelerate our brand penetration and equity in these regions … These appointments come in a particularly challenging time. Yet I am confident that Robert and Pedro will demonstrate their leadership, commitment and solidarity to help Lacoste come out of this crisis stronger” ​said Delamarre in a statement.

May 22, 2020: Stepping down from the helm, Brunello Cucinelli has appointed co-CEOs: Luca Lisandroni, who will be in charge of markets, and Riccardo Stefanelli, tasked with product and operations. Cucinelli will remain as executive chairman and creative director of his namesake luxury company. While Lisandroni joined four years ago from Luxottica, Stefanelli — who is married to Cucinelli’s eldest daughter, Camilla — has 14 years of experience at the brand. Moreno Ciarapica has also been named as CFO.

May 21, 2020: Keds has found a new leader. Today, parent company Wolverine World Wide announced that Bornie Del Priore will be the sneaker label’s global brand president. She currently serves as the head of Wolverine Worldwide Kids Group, which she will continue in this dual role. Del Priore will report to Wolverine’s president of Sperry, Joelle Grunberg. The move comes after Wolverine announced a major shakeup in April that it would expand the role multiple executives, including Grunberg, who joined in February. In addition to Sperry, Grunberg is responsible for Saucony, Keds and the Wolverine Kids Group. Del Priore, who joined the firm in 2017 after serving as VP of footwear at the Tommy Bahama Group, succeeds Ked’s president Gillian Meek.

May 21, 2020: Macy’s has announced the appointment of Felicia Williams as interim CFO, effective June 1. Williams, who has held a number of positions within the company since 2004, currently serves as SVP, controller and enterprise risk officer — a role she’s held for four years. She will take the post from Paula Price, who is set to depart at the end of the month. The board also named Paul Griscom as interim principal accounting officer. He has served as VP of financial reporting and accounting services since last May.

May 20, 2020: Italian outdoor footwear brand Aku announced that it has retained The Uber Group as a U.S. sales rep agency that will cover sales throughout the southern states. According to Aku, The Uber Group will cover sales Virginia, West Virginia, Kentucky, Tennessee, Mississippi, Alabama, Georgia, North Carolina, South Carolina and Florida. Brands in the outdoor space The Uber Group has worked with before include Arc’teryx, Salomon, Smartwool and others. “The Uber Group brings an expertise in sales throughout a region that is rapidly growing for Aku Outdoor,” Aku Outdoor VP of sales and marketing Canice Harte said in a statement. “Despite the pandemic, the country is beginning to open and retailers are looking for inventory that will move. We feel that The Uber Group is nicely situated to help us sell in the Aku brand with key retailers in the south.”

May 20, 2020: Jodie Johnson has been named VP of Baretraps, a division of Footwear Unlimited Inc. She will lead key aspects of the brand, including sales, design and retail strategy, reporting to company President Pat Mooney. Johnson joined Footwear Unlimited Inc. in 2019 as EVP of merchandising and strategy. Prior to that, she served as EVP and GMM of Center Core and Footwear at JCPenney.

Jodie Johnson
Jodie Johnson.
CREDIT: Courtesy

May 18, 2020: Under Armour has named Mohamed A. El-Erian as lead independent director of the company’s board of directors. A board member since 2018, El-Erian succeeds A.B. “Buzzy” Krongard, who served in the lead director role since 2006. El-Erian’s appointment will go into effect on May 27, 2020.

May 13, 2020: Chip Coe has been named the new global brand president of Cat Footwear. He will report to Chris Hufnagel, a member of Wolverine’s executive leadership team and global brand president of Merrell. Before taking on these roles in 2019, Hufnagel had served as resident of Cat Footwear. Coe has more than two decades of global brand-building experience and has held various leadership positions with parent company Wolverine World Wide since joining the company in 2010. Most recently, he served as SVP of strategy, leading business development initiatives and the company’s consumer insights and marketing intelligence functions. Prior to that, he was president of EMEA, leading all the company’s brands in that regions. He also served as president of Chaco.

Chip Coe
Chip Coe, global brand president, Cat Footwear.
CREDIT: Courtesy

May 12, 2020: Valentino announced that Jacopo Venturini will become its new CEO, effective June 1. This is Venturini’s third stint at the Italian fashion label during his career and follows stints at Prada and Gucci, where he was appointed global VP of merchandising in 2015. He succeeds Stefano Sassi. 

May 11, 2020:  Next month, Maureen Chiquet will commence her role as president of Golden Goose. The appointment is expected to be finalized after the closing of the sale of the Italian brand to Permira set for June 10. The former Chanel CEO succeeds Patrizio di Marco, who will remain a coinvestor. Chiquet will continue to be based in New York, signaling, according to Golden Goose CEO Silvio Campara, an intention to further develop its U.S. market. Chiquet who left Chanel in 2016, began her career with L’Oréal in France, moving to the United States to work as a merchant at The Gap. She was instrumental in the launch of Old Navy and president of Banana Republic before joining Chanel in 2003.

May 7, 2020: European sneaker and streetwear marketplace Klekt has announced Sally Scott as its CEO, a newly created position for the company. Prior to Klekt, Scott served as managing director of Birchbox and has been tasked with building the business on a global scale.

May 6, 2020: Brigitte King has resigned from her roles as Calvin Klein Inc. chief customer officer and EVP, North America digital strategy and operations at Calvin Klein parent PVH Corp. King will join Colgate-Palmolive as chief digital officer. Calvin Klein has not outlined a succession plan at this time.

May 5, 2020: Kate Pinkham has been named global general manager and VP of Hush Puppies. She replaces Greg Tunney, who will be departing the company. Pinkham, who has been leading global marketing for the brand for the past 18 months, will report to Chris Hufnagel, president of Merrell and a member of parent company Wolverine Worldwide’s executive leadership team. She joined Wolverine Worldwide in 2014 to build the company’s Consumer Insights and Market Intelligence team. Prior to joining Hush Puppies, she worked in consumer packaged goods at Unilever and Mars.

Kate Pinkham
Kate Pinkham
CREDIT: Courtesy of Hush Puppies

More Big Moves From Last Month

April 23, 2020: Walmart has named its new chief marketing officer. William White joins the team from Target, where he most recently served as SVP of marketing. In his new role, effective May 11, White will report directly to Walmart’s chief customer officer, Janey Whiteside. The post has been vacant for months since the departure of former CMO Barbara Messing.

April 17, 2020: Lululemon has announced the departure of CFO Patrick Guido. After two years at the athletic apparel retailer, he will exit on May 8 to assume the finance chief post at auto retailer Asbury Automotive Group. As Lululemon looks for a successor, SVP of financial planning and analysis Meghan Frank as well as VP and controller Alex Grieve will lead the finance team and help ensure a smooth transition. Both execs will report to CEO Calvin McDonald on an interim basis.

April 15, 2020: Nike has announced the appointment of Ann Hebert as VP and GM of North America Geography. The 25-year company veteran succeeds another longtime executive, Tom Peddie, who is retiring from the sportswear giant. Effective June 1, Hebert transitions into the new role from her former post as VP of global sales. She will be tasked with leading the region’s sales, marketing, merchandising and other departments. “Ann’s deep experience and inspiring leadership will be instrumental in accelerating our Consumer Direct Offense in North America, as we build on our successful strategy of providing consumers with the most innovative product and compelling services and experiences to deliver long-term sustainable growth for Nike,” said Heidi O’Neill, president of consumer and marketplace.

April 15, 2020: Under Armour has appointed Lisa Collier as its chief product officer, effective April 27. Collier last served as president and CEO of jeans company NYDJ from 2016 to 2019. The executive, who has had stints at Levi Strauss & Co., Tarrant Apparel Group, The Limited and Hess’s Department Stores in her more than 30-year career, will report directly to President and CEO Patrik Frisk.

April 13, 2020: Jamie Iannone has been named CEO of eBay and will also join the company’s board of directors. He will take the helm on April 27, 2020. Iannone was appointed Walmart’s chief operating officer for U.S. e-commerce earlier this year and had previously been CEO of Samsclub.com and EVP of membership and technology. Prior to that, Iannone worked at eBay as a VP and in other leadership roles from 2001 to 2009. “The board believes Jamie is the ideal CEO to lead eBay’s next chapter of growth and success,” said Thomas Tierney, chairman of the eBay board. “We have all been impressed by his strong track record of innovation, execution, operational excellence and developing teams that drive results.”

April 7, 2020: Macy’s Inc. has announced the upcoming departure of EVP and CFO Paula Price. According to the retailer, Price, who has served as CFO since July 2018, will exit her role on May 31 and remain an adviser to the company through November to support the transition. An external search is underway for her replacement.

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