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Children's Place board member passes away
The Children's Place has announced that Lou Lipschitz, a member of its board of directors and chair of the audit committee, has died.
"We are deeply saddened by the passing of our friend, colleague and trusted advisor Lou Lipschitz. Lou's financial leadership, and passion for our business, enriched our company and our board, and we will dearly miss his dedication, grace and wonderful sense of humor," Norman Matthews, The Children's Place chairman of the board, said.
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Williams-Sonoma streamlines leadership team as part of growth strategy
As part of its continued growth strategy, Williams-Sonoma made several organizational changes to its management team.
Chief marketing officer Pat Connolly has been elevated to chief strategy and business development officer. Connolly will work closely with senior management to refine the company’s long-term strategy, including the development of new businesses, and the evaluation and execution of acquisitions and alliances that can provide significant growth.
