REI announced CEO Eric Artz, who has led the co-op since 2019, would be stepping down in March.Don and Melinda Crawford/UCG/Universal Images Group/Getty ImagesREI announced Wednesday the company's president and CEO, Eric Artz, will step down in March.Mary Beth Laughton, a former leader at Nike, Athleta, and Sephora, will take over as CEO.REI reported a decline in sales in 2023 and has recently had several rounds of layoffs.REI Co-op, the outdoor retailer headquartered near Seattle, announced Wednesday that its President and CEO, Eric Artz, is stepping down in March and will be replaced by Mary Beth Laughton, a former executive at Nike and Athleta."Eric has led and stabilized REI through some of the most challenging years the retail sector and our co-op ever faced," Chris Carr, chair of the REI board of directors, said in a statement.
Rei Names Former Nike, Athleta Exec To Be Next Ceo Amid Company Struggles
kvlamis@businessinsider.com (Kelsey Vlamis), Business Insider
Wed, 01/22/2025 - 6:16pm
Topics: melinda crawford/ucg/universal images group/getty imagesrei rei co-op seattle president chris carr cfo urban outfitters nike global direct consumer sephora's us october january contact ceo eric artz march rei mary beth laughton nike athleta rei artz mary beth laughton carr business insider exec company struggles announced reported previously led served rounds revenue years wednesday retail decline stepping laid outdoor board employees strong purpose
BING NEWS:
- REI names former Nike, Athleta exec to be next CEO amid company struggles
REI named Mary Beth Laughton, a former leader at Nike, Athleta, and Sephora, at the company's next CEO after Eric Artz retires in March.
01/22/2025 - 12:16 pm | View Link - REI hires former Nike, Athleta exec as its new CEO with mandate to turn around the outdoor retailer
Recreational Equipment Inc., the outdoor-gear retailer better known as REI, is getting a new trail guide. The struggling company announced on Wednesday that longtime CEO Eric Artz is retiring in late ...
01/22/2025 - 9:22 am | View Link - REI CEO announces retirement, former Sephora and Nike executive to lead company
The president and CEO of Pacific Northwest-based athletics retailer REI will be retiring from the company starting in February, marking a "new chapter" in the co-op's 87-year history. REI announced ...
01/22/2025 - 7:51 am | View Link - REI CEO will retire, to be replaced by former Nike, Sephora executive
REI CEO Eric Artz is retiring at the end of March, the Issaquah, Washington-based co-op announced Wednesday.
01/22/2025 - 6:49 am | View Link - EXEC: REI Names Mary Beth Laughton as Next CEO as Eric Artz Plans Exit
REI Co-op President and CEO Eric Artz will retire in March, marking a new chapter in the co-op’s 87-year history. Mary Beth Laughton, a former REI Board Director described as a “seasoned retail leader ...
01/22/2025 - 5:21 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more