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Gordon Segal to Step Down as CEO of Crate & Barrel

1/29/2008

Northbrook, Ill. Crate and Barrel co-founder and CEO Gordon Segal announced Tuesday that Barbara A. Turf, president of Crate and Barrel, will succeed him at the chain on May 1.

Turf has spent the majority of her career partnering with Segal in the leadership and strategic direction of the company. Though Segal will no longer direct Crate and Barrel's day-to-day operations, he will assume the title of chairman and will continue as a key advisor and counselor.

"I have relished every moment of the last 45 years," Segal stated. "However, I also recognize that transition and change are key to the growth of any retail business, and I want to give Barbara Turf and other talented members of our executive team their well-deserved opportunity to take Crate and Barrel into the future.”

Prior to becoming president of Crate and Barrel in 1996, Turf held the post of executive VP of merchandising and marketing for many years, maintaining responsibility for all aspects of product selection and branding.

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