Mattress Bathtub & Past ousts CEO and chief service provider

Mattress Bathtub & Past ousts CEO and chief service provider
Sue Gove

Union, N.J. – An unbiased board director has been named interim CEO of Mattress Bathtub & Past and the corporate has promoted an insider to steer merchandising.

The corporate introduced this morning that Sue Gove, who can also be chair of the board’s technique committee, is serving as interim chief government officer, changing Mark Tritton, who in now out as president and CEO and as a member of the board.

Mara Sirhal

As well as, Mara Sirhal has been named EVP and chief merchandising officer. She replaces Joe Hartsig, who’s leaving the corporate. Sirhal was most lately Mattress Bathtub & Past’s senior VP and normal supervisor for Harmon, in addition to normal merchandise supervisor of well being, magnificence & consumables. She shall be accountable for driving the corporate’s omnichannel merchandising, planning and personal label model methods, whereas additionally retaining her place as normal supervisor for the Harmon retail banner. She is going to report on to Gove.

Gove has been an unbiased director of Mattress Bathtub & Past Inc. since Might 2019, when a significant government shake-up noticed the exist of then-CEO Steve Temeras and a number of other different senior leaders.

She has spent greater than 30 years throughout the retail {industry} serving quite a lot of senior monetary, working and strategic roles that included president and CEO of Golfsmith Worldwide Holdings and chief working officer of Zale Company. She is the president of Excelsior Advisors, LLC, a retail consulting and advisory agency based in August 2014.

The information arrived this morning together with Mattress Bathtub & Past’s report on first quarter outcomes. Total gross sales for the quarter ended Might 28 fell 25% with consolidated comp down 27%.

Harriet Edelman, unbiased chair of the Mattress Bathtub & Past Inc. board, thanked Tritton and Hartsig for his or her contributions to the corporate. The board has retained Berkeley Analysis Group (BRG), a retail advisory agency, to deal with money, stock and steadiness sheet optimization. As well as, Russell Reynolds, a nationally acknowledged search agency, has been retained to begin a search course of for the everlasting chief government Officer function.

The corporate continues to “unlocking the longer term potential” of the buybuy Child enterprise, it mentioned.

MORE

Mattress Bathtub & Past makes a bid to spice up buyer loyalty

Mattress Bathtub & Past is loading extra personal label onto the ground with new model


Supply By https://www.hfndigital.com/industry-news/bed-bath-beyond-ousts-ceo-and-chief-merchant/