Nordstrom (NYSE:JWN) announced that Kumar Srinivasan has joined the company as chief technology officer as the retailer seeks to streamline its technology agenda and increase efficiencies.
Srinivasan will help lead the next phase of innovation and growth focused on identifying and developing opportunities that deliver a competitive advantage and bottom-line returns, according to a company statement.
Srinivasan has 18 years of technology and product management experience and was previously the cofounder and CEO of Evocalize and chief product and technology officer for Bazaarvoice. He is also an Amazon veteran, where he was VP and general manager and led Amazon Payments Merchant Solutions.
His addition comes at a time when Nordstrom is making cuts in that very department. It recently laid off 120 members of its tech team following a disappointing fiscal quarter.
"We're bringing Kumar to Nordstrom at an important time as we are positioning our technology organization to better support our long-term growth plans," said Dan Little, chief information officer. "Kumar's extensive experience in strategy, product development and delivering technology solutions that support a great user experience, as well as his passion for the customer, will be invaluable."
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