C-Suite Moves: August update
Here are the major leadership changes that occurred during August, starting with the most recent. (All changes have already taken effect unless otherwise noted.)
•Teen apparel and accessories retailer Pacsun welcomed Gap Inc. veteran Aina Konold as its new CFO. She joined the company from home exercise equipment brand BowFlex Inc., where she served as CFO since December of 2019. Prior to that, Konold spent more than 11 years at Gap.
•Schnuck Markets said that Kim Gray will lead the company’s merchandising team as chief merchant, succeeding Ryan Cuba, who will become the company’s first chief growth officer.
•Pool and spa supplies retailer Leslie’s named Jason McDonell as CEO, succeeding the departing. McDonell most recently served as executive VP of merchandising, marketing and e-commerce at Advance Auto Parts.
•Rebecca Lupfer was promoted from CFO to senior VP and chief merchant at The Giant Company, where she will lead all aspects of merchandising for the grocer as well as commercial planning and pricing.
•Markus Neubrand, CFO of Guess, Inc., stepped down after about one year in the role. Dennis Secor, executive VP of finance at Guess, has been appointed interim CFO while the company searches for a permanent finance head.
•Walgreens named Tracey Koller, senior VP and chief merchandising officer. Most recently, Koller was chief merchandising officer at Party City. She also served in executive positions at Whole Foods Market as well as Target, where she spent 17 years.
•Heidi Capozzi was tapped by CVS Health Corp. as executive VP and chief people officer. Previously, she served at McDonald's as executive VP and global chief people officer since 2020.
•D. Anthony Scaglione, CFO of ODP Corp., whose portfolio includes Office Depot, OfficeMax and other offerings, is stepping down from his role to pursue another career opportunity. His last day will be Sept. 13.
•Victoria’s Secret & Co. appointed Hillary Super as CEO and a member of the board, succeeding the departing Martin Waters in both roles. Super joins Victoria’s Secret from Savage X Fenty — the billion-dollar, inclusive intimates and accessories brand launched by music megastar Rihanna — where she served as CEO since June 2023.
•Amy Tu was named chief legal and compliance officer and corporate secretary at Target Corp. She joins Target from Tyson Foods, where she served in multiple legal roles for over six years.
•Laxman Narasimha was ousted as CEO of Starbucks Corp. after less than two years on the job. He was replaced by Brian Niccol, CEO and chairman of Chipotle Mexican Grill, which named Scott Boatwright, COO, as interim CEO.
•Party City Holdco Inc. named Barry Litwin as president and CEO, succeeding Sean Thompson who has served as interim CEO since Brad Weston resigning shortly after the chain emerged from bankruptcy.
•Eva Erdmann was appointed CEO and brand president of Kate Spade, and will join the company in October following the departure of Liz Fraser. Erdmann joins Kate Spade from L’Oréal where she served as the global president of Urban Decay Cosmetics since 2018, and spent more than 15 years at the company overall.
