Chutes & Ladders: Target hires new CIO, Lululemon founder resigns

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


> Target announced the appointment of Mike McNamara as executive VP and CIO. He will be tasked with advancing the retailer's digital transformation and omnichannel strategy, reporting to Chairman and CEO Brian Cornell. He takes the place of Bob DeRodes, who retires from his role in guiding the chain's information security efforts. McNamara comes to Target from Tesco, where he worked for more than 15 years. He was named CIO for the supermarket chain in 2011, tasked with overseeing information technology systems and helped modernize the retailer's supply chain around the world. Story


>  Lululemon founder Chip Wilson announced his resignation from the board. The often controversial figure, who founded the company in 1998, withdrew from his CEO position in 2012, and left his chairman role in late 2013. The later part of Wilson's Lululemon tenure was plagued with bad press and some difficult financial quarters. After the company's yoga pants fiasco, Wilson blamed the fabric mishap on larger-sized customers wearing out the material, stating that the athletic wear was not meant for all women's bodies. His comments sparked outrage among consumers and soon after, Wilson stepped down as chairman. He plans to work with his son and wife on their new retail enterprise, Kit and Ace. Story

> Best Buy quietly hired Greg Revelle as the consumer electronics retailer's new chief marketing officer back in November. Revelle reports directly to CEO Hubert Joly, but the company did not announce the hiring. Revelle is tasked with building and communicating the brand to customers through traditional, in-store and digital channels, across all devices. Before joining Best Buy, Revelle was chief marketing officer for AutoNation, where he was responsible for a major overhaul of the brand's marketing organization and platform, helping to consolidate 15 regional brands under one national brand, rebuilding the company's online marketing and e-commerce teams, and launching new Web and mobile e-commerce platforms. Story

> Displaydata has announced Martin Smethurst will join the digital display solution company as senior VP of global sales and marketing. He has more than 20 years of experience advising retailers on driving transformation, productivity and sustainable growth. In his role at Displaydata he will be responsible for the sales and marketing teams and furthering global growth. Before joining Displaydata, Smethurst was the managing director for Wincor Nixdorf, and a member of the board where he helped the European retail leadership team drive the U.K and Ireland business to profitable growth. He has also acted as head of retail for Cisco and as sales and marketing director for MicroStrategy, IntelliQ and Stellent (now Oracle). Story

> Kirkland's announced that Mike Madden, presently president and COO, will be promoted to president and CEO and will become a member of the board, which will grow to eight members. He will replace Robert Alderson, who will remain on the board. Adam Holland, most recently VP of finance and chief accounting officer, will be named VP and CFO. All changes will become effective Feb. 8. Press release

> Lands' End announced that the board of directors appointed Federica Marchionni as the company's new CEO, effective Feb. 17. She comes to the retailer from Dolce and Gabbana USA, where she served as president, and takes over for Edgar Huber, who will resign. Marchionni acted as president for Dolce and Gabbana since 2011, leading the luxury brand to increased revenues. She spearheaded efforts to elevate the positioning of the brand and redesigned strategies for expanding across several channels, target customers and geographic areas. Before that she was global group director at the brand, going back to 2001, and led business and development for business units in more than 100 countries. Story

> Lowe's board announced the appointment of James Morgan to the company's board, effective immediately. His appointment brings the Lowe's board to 12 members. Morgan is currently chairman of Krispy Kreme, serving as the chain's CEO since 2008, on its board since 2000 and as chairman since 2005. He also has experience in financial service, having served as chairman and CEO of Wachovia Securities and Interstate/Johnson Lane. He also serves on Coca-Cola's  board. Story

> Macy's announced a series of executive changes intended to better suit the retailer's goals of improved omnichannel and innovation, all effective Jan. 31. Jeff Gennette, president, steps down as chief merchandising officer in order to focus more on merchandise planning, and will oversee merchandising and marketing of both physical and digital stores. Peter Sachse, previously chief stores officer since 2012, has taken on a new role as chief for innovation and business development. He will be responsible for overseeing current and future growth initiatives, such as international development, exploration of an off-price strategy, new store formats, expansion of wedding-related gifts and services, and applying technology to the shopping experience. Finally, Macy's announced that Chief Merchandise Planning Officer Julie Greiner will retire in August of this year. Greiner has been with the company for 40 years and served in her current role since 2009. Story

Sally Beauty has named Chris Brickman as president and CEO in place of Gary Winterhalter, effective Feb. 1. Winterhalter will continue to serve as executive chairman. Brickman has been a member of the Sally Beauty board since September 2012, and has been president and COO since June 2, 2014. Before joining the retailer he was president of Kimberly-Clark International. Press release

Off-price apparel and home fashions retailer TJX announced the election of William Swanson to its board of directors. Swanson was chairman and CEO of technology and innovation company Raytheon, serving in the role from 2004 until his retirement in September 2014. During his 42 year career with the company, he held a range of leadership positions, such as setting strategy and managing operations for the global business. Story

The Unified Grocers board of directors named three new retailers: Vache Fermanian, co-owner of B&V Enterprises; Rob McDougall, president and CEO of Gelson's Markets; and Greg Saar, president and CEO of Saar's. Fermanian is co-founder of the family-owned Super King Markets chain, comprising six grocery stores in Southern California. McDougall has 40 years of experience in the grocery industry, joining Gelson's in 2007 and taking over leadership in January 2012. Saar owns eight supermarkets in Puget Sound under the Saar's Market Place and Saar's Super Saver Foods banners. He opened his first store in 1988 and has contonued to grow the business with a priority on value and meeting the needs of diverse communities. Press release