Williams-Sonoma (NYSE: WSM) announced the appointment of Ronald Young as senior VP, global on Wednesday as the company aims to increase its global presence.
Young will be charged with working in partnership with Williams-Sonoma presidents at Pottery Barn, Williams-Sonoma and West Elm in an effort to grow each brand's global business. He will report directly to Laura Alber, president and CEO, and will be tasked with the expansion of company-owned store networks and franchise partnerships worldwide.
Young previously held positions with Pepsi-Cola (NYSE:PEP), Gap (NYSE:GPS), Express (NYSE:EXPR) and most recently Children's Place (NASDAQ:PLCE), where he served as senior VP, international.
Williams-Sonoma reported record high revenues in fiscal 2013 as revenues increased by more than $4 billion on 8.8 percent comparable brand growth. Young's appointment is a vote of confidence in his abilities to contribute to the company's continued global buildout and another potential revenue record in fiscal 2014