Home / Knowledge / News / Press Release / Roots appoints Meghan Roach as interim CEO

Roots appoints Meghan Roach as interim CEO

07
Jan '20
Pic: Roots
Pic: Roots
Roots, a premium outdoor lifestyle brand, has announced that its Board of directors has appointed Meghan Roach as interim chief executive officer, effective immediately. Roach will be replacing Jim Gabel who has left the company, effective immediately. Roach is an accomplished corporate executive and has been an integral part of the executive team at Roots.
 
Since August 2019, Roach has served as interim chief financial officer of Roots. She also served on the Roots Board of directors from 2015 to 2017.  
 
"Meghan is a talented and experienced executive, and throughout her career she has delivered meaningful operational results and strategic insights," said Erol Uzumeri, chair of Roots Board of directors. "Since joining Roots, she has played a key role in driving major operational initiatives, drawing on her experience with prominent global brands. The Board believes that Roots requires renewed leadership to carry the company into its next phase - executing on profitable growth opportunities while enhancing operational efficiency. As the CEO search process takes place, the Board of directors is confident that Meghan will be a capable and impactful steward of the company, and will provide decisive leadership along with incoming chief financial officer, Mona Kennedy, and the rest of the executive team."
 
"On behalf of the Board of directors, I would like to thank Jim for his many contributions to Roots and wish him well in his future endeavours," added Uzumeri.
 
The Board of directors has engaged a leading international search firm to undertake a process to identify a permanent chief executive officer for the company.
 
Roach joins Roots from Searchlight Capital Partners, Roots largest shareholder. Prior to Searchlight, Roach was a member of the private equity investment team at the Ontario Teachers' Pension Plan, after beginning her career with KPMG. She has an MBA with first class distinction from the University of Oxford, an Honours Bachelor of Commerce with first class distinction from Queen's University, and a CPA/CA designation.
 
"I look forward to continuing with Roots, as I am a passionate believer in the brand, " said Meghan Roach, interim chief executive officer, Roots. " My focus will be on working with our talented executive team to pursue profitable growth opportunities across our channels and geographies while also sharpening our operational efficiency to strengthen our bottom line results."
 
(Except for the headline and the first para, this story has not been edited by Fibre2Fashion staff.)

Fibre2Fashion News Desk (JL)


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