Sandpoint, ID — Coldwater Creek Inc.’s co-founder, chairman of the board, and chief executive officer, Dennis Pence, will retire as CEO of Coldwater Creek effective December 31, 2012.
Sandpoint, ID — Coldwater Creek Inc.’s co-founder, chairman of the board, and chief executive officer, Dennis Pence, will retire as CEO of Coldwater Creek effective December 31, 2012.
Commensurate with this announcement, the Coldwater Creek board of directors appointed the company’s president and chief merchandising officer, Jill Brown Dean, as president and CEO of Coldwater Creek, effective January 1, 2013.
“It gives me great satisfaction to announce today the succession of Jill to the role of CEO,” says Pence. “Her outstanding leadership, combined with her intimate knowledge of our customer and our brand, gives me great confidence in her ability to continue to lead the turnaround of our company, positioning us for a vibrant and successful second chapter in our history.”
Dean joined Coldwater Creek in February 2011, as president and chief merchandising officer. She has over 25 years of retail and merchandising experience in the specialty retail sector. Prior to joining Coldwater Creek, she served as president of the Limited Too division of Tween Brands. Prior to Tween Brands, Dean spent 18 years in various merchandising leadership roles with Limited Brands including serving as president and CEO of the Lane Bryant division.
Dean also has been appointed to serve on the board of directors, effective January 1, 2013. Pence will remain as a director and continue to serve as chairman of the board until January 1, 2014.
In other leadership news, Michele Donnan Martin will join the company as senior vice president, general merchandise manager. She joins Coldwater Creek from Delia’s.
Coldwater Creek is a leading specialty retailer of women’s apparel, gifts, jewelry, and accessories, headquartered in Sandpoint, Idaho. For more information, visit www.coldwatercreek.com.
SOURCE: Coldwater Creek