The Container Store has released an organized succession plan as CEO Kip Tindell announced his retirement.
Tindell has helmed the Container Store since its inception in 1978, growing the company to 79 stores and earning a reputation as one the best companies to work for in America.
He will be succeeded by Melissa Reiff, current president and COO.
Additionally, Chief Merchandising Officer Sharon Tindell will add the title of president, and CFO Jodi Taylor will add chief administrative officer.
Melissa Collins has been named chief marketing officer and Eva Gordon, Audrey Robertson and John Thrailkill have been named exec-VPs in a variety of capacities, according to the company.
Tindell will continue as chairman and all changes will be effective July 1.
"I've had the incredible fortune and honor of leading The Container Store alongside Melissa and Sharon for decades and I'm thrilled to ring in this long-planned for, much-deserved succession in management," he said in a statement. "They've always represented the two hemispheres that make up our wonderful company and, in these roles, will partner even more closely with each other and our other newly elevated leadership team to execute the company's strategic vision of 'closet domination' and a superior and differentiated customer experience."
"I truly can't imagine a more capable duo and team to help The Container Store really spread its wings and lead our company into the future," Tindell said.
Succession planning has been a big priority for the Container Store, a company with a rich corporate culture, noted Tindell.
"Our board and I feel that this new structure and enhanced responsibilities will provide continuity coupled with renewed vigor and vision for innovation and excellence in bringing the company to its full and amazing potential within this ever-changing world of retail, all while nurturing and developing a business where everyone associated with it can thrive," he said.
- see this Container Store press release