Levi’s has poached the chief executive of US department store chain Kohl’s as its new boss.
The denim retailer appointed Michelle Gass to replace president and CEO Chip Bergh, who will step down in May 2024 after 13 years in the role.
Gass will join office on 2 January 2023 and report to Bergh for the remaining 16 months of his tenure before succeeding him.
Gass joined Kohl’s in June 2013 as chief merchandising and customer officer before being promoted to CEO in May 2018.
She previously held various executive roles at Starbucks, as and was a member for PepsiCo, health provider Cigna and womenswear retailer Ann Inc.
“Michelle brings 25 years of retail and omnichannel experience, while executing transformational big ideas – not just on products but also on business models,” Bergh said.
“She demonstrates purpose-driven leadership and shares our commitment to our company’s ‘profits through principles’ approach.”
Gass said: “With the Levi’s brand stronger than ever, Dockers reinvigorated and the Beyond Yoga acquisition [in August 2021] expanding the company’s addressable market, I look forward to working alongside Chip and his team.”
Source: Retail Gazette