logo
Plus   Neg
Share
Email

Chico's FAS Names Bonnie Brooks Interim CEO After Shelley Broader Resigns

Chico's FAS, Inc. (CHS) on Wednesday announced the resignation of Shelley Broader from her roles as CEO and President, and as member of the Board of the company. The company has now appointed Bonnie Brooks as interim CEO of the Company, effective immediately.

Brooks is a former Vice Chair, President and CEO of Hudson's Bay Co. and a current member of the Chico's FAS Board of Directors since 2016. She has more than 30 years of global retail executive leadership experience.

From 2014 to 2016, she served as the Vice Chair of fashion retail group Hudson's Bay after joining it in 2008 as Chief Executive Officer and President. From 2012 to 2014, she served as President of Hudson's Bay, responsible for both Hudson's Bay and Lord & Taylor department stores USA.

From 1997 to 2008, Brooks was based in Hong Kong serving as an executive officer, including as President of the Lane Crawford Joyce Group, a women's fashion retailer

Prior to that, Brooks spent over a decade at Canada-based fashion department store Holt Renfrew & Co. in roles that included Executive Vice President and General Merchandise Manager.

Chico's FAS has engaged Herbert Mines Associates to search for a permanent CEO and President.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The Libra Association, formed by major financial partners of Facebook's Libra cryptocurrency project, formalized the association at the inaugural Libra Council meeting of the members at its headquarters in Geneva, Switzerland. The current 21 member organizations formally signed onto the Libra Association charter, elected the Board of Directors, and appointed the executive team. Department store chain Kohl's Corp. has unveiled its Kohl's Cares holiday collection that includes the Disney Frozen 2 and Holiday Character bundles. The company's philanthropic program, Kohl's Cares, sells children's books as well as toys and donates the entire profit to charitable initiatives nationwide. Children's Place Inc. (PLCE) said that it will relaunch the Gymboree brand in the U.S. and Canada in early 2020. The brand will be relaunched in Gymboree website, and in shop-in-shop locations in more than 200 Children's Place stores in the U.S. and Canada.
RELATED NEWS
Follow RTT
>