Chutes & Ladders: Nasty Gal names new CEO, Home Depot elects new chairman

Welcome to this week's Chutes & Ladders, our roundup of hirings and firings throughout the industry. Please send the good word—or the bad—from your shop to Drew Woolley at [email protected] and we will feature it here at the end of each week.


> Sophia Amoruso, CEO of millennial fashion retailer Nasty Gal, announced that she will step down from her role and Sheree Waterson (left) will replace her. Waterson has been with the retailer since early 2014, when she was named president and chief product officer. She has led merchandising, design, planning and production at the company, expanding Nasty Gal's assortment and helping to open the brand's first store in Los Angeles. As CEO, she will join Nasty Gal's board of directors and work with Amoruso with the aim of growing the brand into one of the dominant forces in the retail industry. Press release


>  Home Depot announced that its board of directors has named CEO and President Craig Menear as chairman, effective Feb. 2. He succeeds Frank Blake who is retiring from the role. Menear was named to his current role in November 2014, and has been with the company for 17 years. He is the first merchant to be elected chairman and CEO since co-founder Bernie Marcus. Press release


> Fred's has named Michael Bloom to the role of president and COO, effective Jan. 12. He brings 30 years of small-box general merchandising, supply chain management and store operations experience to the company, and most recently served in the same role for Family Dollar Stores. Before his time with Family Dollar, Bloom spent 20 years with CVS Caremark Corp. in various merchandising and operations positions, eventually being named executive VP of merchandising, marketing, advertising and supply chain. Press release

> Fresh Market announced that CEO, President and board member Craig Carlock has left the company. He was named CEO in 2009 and during his tenure helped the retailer transition from a private company to a public one, and led the chain through five consecutive years of increased sales and earnings. Sean Crane will serve as interim CEO. He has 14 years of senior management experience with the chain, last serving as executive VP and COO, a position he has filled since 2012. Press release

> Kering appointed Giovanni Giunchedi as CEO of Sergio Rossi. Giundechi was promoted from his role as deputy general manager at the showmaker, a post he has held for the last five months. Before joining Sergio Rossi, he was sustainability director at Bottega Veneta. He replaces Christophe Melard, who left in September. Story

Melissa Eldridge has been named as the director of new product development and sourcing for McKeon Products. She most recently held a category management leadership role at Homedics in Commerce, and brings experience with product development for a broad range of consumer health-and-wellness products. Story

ModCloth announced that Matthew Kaness will take over as CEO on January 19, 2015. He replaces co-founder Eric Koger as the online retailer attempts to scale its operations and expand distribution. Kaness most recently served as CSO at Urban Outfitters, where he was responsible for heading executive focused growth and innovation starting in 2007. He has experience with direct-to-consumer expansion, new concept development, international partnerships and supply chain optimization. Press release