Walmart, Michael's vet takes top spot at women's apparel chain

It's changing of the guard time at Chico's FAS.



After what it called an extensive search, the retailer named industry veteran Shelley Broader as president and CEO, effective Dec. 1. She succeeds David F. Dyer, who will become vice chair of the Chico's board.



Broader brings over 25 years of experience to her new position. Most recently, she served as president and CEO of Walmart's EMEA region, responsible for retail operations and business development across Europe, the Middle East, Sub-Sahara Africa and Canada.



Prior to that, she was president and CEO of Walmart Canada, chief merchandising officer for Walmart Canada and senior VP for Sam's Club.



Prior to joining Walmart in 2010, Broader was president and COO of Michael's. Before Michael's, she spent 17 years with the Delhaize Group, including time as president and CEO of its Cash n' Carry chain.



"As we thank Dave for his years of service, we are delighted to welcome Shelley to the Chico's FAS team. She brings a remarkable track record, with a global perspective and a keen understanding of how to engage consumers and partner with suppliers to drive profitable growth in a competitive retail environment," said David F. Walker, chairman, Chico's, which operates 1,548 stores in the U.S. and Canada under the Chico's, Soma and White House / Black Market banners.