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Authentic Leadership: On Stitch Fix's Katrina Lake etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
Stitch Fix CEO Transition: What Investors Need To Know fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Message : Required fields April 13 (Reuters) - Stitch Fix Inc said on Tuesday founder Katrina Lake would hand over the reins to the online apparel firm to President Elizabeth Spaulding, who is set to replace her as chief on Aug. 1. The personalized clothing provider said Lake would transition to the role of executive chairperson of the board. Shares in Stitch Fix declined about 2% in extended trading. Spaulding spent more than two decades at consultancy Bain & Co before joining Stitch Fix as president last year, with her current role involving improving shopping experiences and expanding the company's international presence. "The compelling future vision she's (Spaulding) mapped out
Dive Brief: In a move that speaks volumes about its approach to growth, Stitch Fix on Tuesday announced that on Aug. 1, President Elizabeth Spaulding will become CEO, replacing founder Katrina Lake. Spaulding joined the company early last year from management consulting firm Bain & Co., where she was a partner. Her focus has been on growth, including inventory management, international expansion and developing "the next generation of consumer shopping experiences," the company said. Lake will become the board's executive chairperson, according to a company press release. She will also remain an employee, focusing "on Stitch Fix's social impact efforts, in particular the intersection between sustainability and technology in apparel retail."
Stitch Fix founder steps down as CEO, president to take over reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Should You Buy Stitch Fix (SFIX) Stock Before It's Too Late? insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.