1-800-Flowers CEO Jim McCann is stepping down after 40 years at the helm of the company he founded. But the role of chief executive will stay in the family as Chris McCann, Jim's brother, will add the title of CEO on June 30.
Jim will continue as executive chairman and oversee management talent evaluation and development, mergers and acquisitions, as well as business development and long-term strategic planning. Chris will expand his responsibilities for overseeing the company's operational and organization processes, including the development and execution of the company's annual and longer-term operating and financial plans.
"When we set up this succession plan many years ago, we did so with the goal of a having a seamless transition," said Jim McCann. "Chris has been steering our company's day-to-day operations as president since 2000. Today's announcement recognizes Chris's significant contributions and reflects the seamless transition process that we have executed over the past several years."
The transition will occurs as 1-800-Flowers celebrates its 40th anniversary. Over time, the retailer has evolved from a single store to an online operator with a mobile presence and more than $1 billion in annual sales.
-See this 1-800-Flowers press release
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