Crate & Barrel CEO out
The chief executive of Crate & Barrel is out after less than two years at the top.
Doug Diemoz left the home furnishings retailer last week. Most of his responsibilities will be taken over by Neela Montgomery, board chair of Otto Group, the privately owned German company that owns Crate & Barrel, according to Crain’s Chicago Business.
Diemoz joined Crate & Barrel in August 2015, coming from Restoration Hardware (now RH) where he had served as chief development officer, responsible for developing and leading the company's global expansion efforts and emerging businesses. Previously, he was with MEXX, Williams-Sonoma and Gap.
In January, RH filed suit against Crate & Barrel accusing it of stealing trade secrets related to the operation of in-store food and beverage service. Also named as defendants in the suit were Diemoz and Kimberly Ahlheim, also a former RH executive. They were accused of stealing trade secrets and breaching contracts with their former employer.