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Bed Bath & Beyond names Mark Tritton as president & CEO

14
Oct '19
Pic: Bed Bath & Beyond
Pic: Bed Bath & Beyond
Bed Bath & Beyond has announced the appointment of Mark J. Tritton as president and chief executive officer (CEO) and as a member of its board of directors, effective November 4, 2019. He succeeds interim CEO, Mary A. Winston. Bed Bath & Beyond, an omni-channel retailer, sells a wide assortment of domestics merchandise and home furnishings.

A native of Australia, Tritton holds a bachelor of education in English and history from the University of Sydney. Tritton has over 30 years of experience in the retail industry, including most recently as executive vice president and chief merchandising officer at Target, where he was instrumental in transforming the omni-channel shopping experience. He has end-to-end retail industry experience in merchandising, design, manufacturing, marketing, and distribution at some of the world’s leading iconic retailers and brands. In addition to Target, this includes Nordstrom, Timberland, and Nike, according to a press release by the company.

When Tritton joins Bed Bath & Beyond, his immediate focus will be on accelerating the company’s ongoing business transformation. This includes improving the omni-channel experience for consumers, enhancing the merchandise assortment and reviewing the company’s cost structure and asset base.

“We are thrilled to announce a president and CEO with one of the most impressive resumes in the business. Tritton’s ability to re-define the retail experience and drive growth at some of the world’s most successful retailers and brands makes him uniquely equipped to lead Bed Bath & Beyond during this critical time in our evolution. As an integral contributor to Target’s impressive transformation, we will benefit from his vision, leadership, and creativity to successfully transform our business,” Patrick R. Gaston, Bed Bath & Beyond’s chairman of the board said.

Winston has served as interim CEO since May 12, 2019, during the search for a permanent successor. She will continue to serve on the board of directors and will work closely with Tritton and Gaston to facilitate an orderly and efficient transition.

“There is immense opportunity ahead for Bed Bath & Beyond, which remains one of the most recognisable and best loved retailers in the country today. The foundation of the company’s transformation has been set and I’m excited at the chance to apply my industry experience and expertise to build an even better business for customers, associates, and shareholders. I look forward to working together with all associates and the board of directors to achieve our ambitious vision for the future of Bed Bath & Beyond,” Tritton said.

Fibre2Fashion News Desk (GK)


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