News

Indianapolis — Leading sports retailer Lids has appointed Greg Cox as the company’s new chief financial officer (CFO). Cox, who has been with Lids for 8 years, has held a variety of accounting and finance leadership roles. In his new position, he will oversee the company’s finance, loss prevention, human resources and information technology departments. “Greg’s deep understanding of Lids’ operations and financial strategy, combined with his leadership experience, makes him uniquely suited to take on this critical role,” says Bob Durda, president of Lids. “His vision for simplifying and …

San Diego — Petco Health and Wellness Company, Inc. has appointed three new leaders to Petco’s executive team. Sabrina Simmons, former chief financial officer at Gap, Inc., has been named chief financial officer, effective Feb. 17; Michael Romanko, former chief merchandising and marketing officer at Five Below, Inc., has been named chief customer and product officer, effective Feb. 24; and Jack Stout, former executive vice president and chief merchandising officer at 7-Eleven, Inc., has been named chief merchandising officer, effective Feb. 24. “Today’s appointments represent a significant evolution of Petco’s …

Irving, Texas — The Michaels Companies, Inc. has named David Boone as its new chief executive officer, effective Feb. 28, 2025. Boone will also serve on the company’s board of directors. “As we enter an exciting period of opportunity for Michaels, we are pleased to welcome David to the company,” says Andrew Jhawar, chairman of the board of directors. “David is a proven business leader with the strategic vision, customer focus and vast retail experience to continue to drive Michaels forward.” Boone is currently the interim CEO of Essendant, a …

Lexington, Ky. — Tempur Sealy International, Inc., which recently acquired Mattress Firm, has named its own chairman and CEO, Scott Thompson, as interim CEO of Mattress Firm following CEO John Eck’s recent decision to step down. Mattress Firm is the nation’s largest mattress specialty retailer. In the meantime, Tempur Sealy has entered into a consulting agreement with Eck to ensure a smooth transition. The company expects to appoint a new CEO of Mattress Firm within the next 6 to 9 months.   “We thank John for his successful 6 years at …