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Shuffle Board: Funko Replaces CEO, Madewell Exec Joins Parker Thatch

Brands

1stDibs

Online marketplace 1stDibs has named Bradford Shellhammer as the brand’s chief marketing officer and chief product officer. He joins the company from Rent the Runway to lead the 1stDibs product, marketing and customer support functions. In addition to shaping and executing marketing strategies, driving customer engagement and growth and building brand awareness, he will oversee product development efforts and the user experience as well. Before serving as Rent the Runway’s chief product and marketing officer, Shellhammer was the chief product officer at Reverb as well as the vice president of buyer experience and eBay for charity at eBay.

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Nike

An internal memo out of Nike alleged that Converse president and CEO, Jared Carver, is stepping down and will be succeeded by group long-timer Aaron Cain.  

Based on Nike’s recently-reported fourth quarter (and full fiscal 2025) financial results, Converse’s full-year revenue landed at $1.7 billion, down 19 percent, with Q4 at $357 million, down 26 percent. Both income statement reviews said this was due to a decline across all territories.

“While our financial results are in-line with our expectations, they are not where we want them to be. Moving forward, we expect our business to improve as a result of the progress we’re making through our Win Now actions,” Elliott Hill, Nike’s president and CEO, said in the statement. “As we enter a new fiscal year, we are turning the page and the next step is aligning our teams to lead with sport through what we are calling the sport offense. This will accelerate our Win Now actions to reposition our business for future growth.”

Carver took the reins as president and CEO of Converse in May 2023; around the same time as Nike’s wider reshuffling that saw longtime executive Heidi O’Neill promoted to president, consumer, product and brand. O’Neill was with Nike for over 26 years and, back in April 2020, Hill actually succeeded a retiring Elliott Hill as president of consumer and marketplace back in April 2020.

Meanwhile, Cain—a 21-year Nike veteran—will reportedly relocate to Boston and make charge as president and CEO next month. Since March 2021, Cain has served as global vice president and general manager of the Nike men’s division under former executive Michael Spillane, who retired May 2023.

MacKenzie-Childs

American heritage home décor brand MacKenzie-Childs has named Kristen Schrieber as chief financial officer and Margaret Wakeland as chief merchandising officer.

Schrieber brings leadership experience from M.M. LaFleur, Loft, American Express, Kearney and Wells Fargo. In this new role, she will lead financial planning and analysis, partnering with product development and commercial teams to optimize inventory and gross margin and support smarter investment and capital deployment across the business.

Wakeland joined MacKenzie-Childs in 2021, most recently serving as vice president of e-commerce, retention marketing and Amazon. As the company’s first-ever chief merchandising officer, Wakeland will lead category strategy development, oversee the product development team, optimize the vendor base to support differentiation and growth as well as spearhead SKU efficiency efforts in partnership with finance and planning.

Parker Thatch

Functional luxury handbag and accessories brand Parker Thatch has named Joyce Lee as its first creative director. Lee spent 15 years at Madewell, most recently serving as creative director and senior vice president of design. Throughout her career, Lee designed handbags and footwear for brands like Marc Jacobs and Michael Kors as well. After serving as a design consultant to co-founders Irene Chen and Matthew Grenby for the past year, Lee now leads Parker Thatch’s creative direction across all categories, spanning design, brand imagery and customer experience.

Steve Madden

Steve Madden’s chief merchandising officer, Karla Frieders, has voluntarily resigned, effective June 30. Per a securities filing dated June 27, she resigned—after nearly three decades with the company—for personal reasons, unrelated to any disagreements with the company. Steve Madden said there’s no plan to name a successor at present, as other employees will assume some of Frieders’ workload. In the same securities filing, Steve Madden also announced that board member Robert Smith was resigning from his director position after more than 11 years with the company. Smith’s exit was also voluntary, effective July 14.

Wolverine Worldwide

Cheryl Abel-Hodges
Cheryl Abel-Hodges Wolverine Worldwide

Footwear portfolio Wolverine Worldwide has appointed Cheryl Abel-Hodges and Jack Boyle to its board of directors. Abel-Hodges has helmed comfort lifestyle brand Tommy John since 2003 and had previously served as CEO of the Calvin Klein brand at PVH Corp. Boyle retired from global digital sports and fan gear platform Fanatics Holdings and previously spent over a decade at the Kohl’s Corporation in various merchandising leadership positions.

Retail

Funko

Pop culture lifestyle brand Funko announced Michael Lunsford as interim chief executive officer. Former CEO Cynthia Williams was removed from the company’s helm by the board of directors on July 5. Williams joined Funko in May 2024 after spending two years at Hasbro, most recently serving as president of Wizards of the Coast and Hasbro’s gaming division. Lunsford previously served as Funko’s interim CEO in 2023-2024 and continues to serve as a member of the board after joining in 2018. The company said a change in leadership was necessary, likely to reverse declining sales.

Galeries Lafayette

Parisian department store Galeries Lafayette has named Arthur Lemoine as chief executive officer, succeeding Nicolas Houzé, who will continue as president of the executive board. Lemoine has been part of the group for more than 15 years, joining as a buyer in the perfumery department before ultimately serving as director of product range and purchasing in 2021. In this new role, Lemoine will continue to grow the department store’s leadership and influence.

StockX

Sneaker resale platform StockX has appointed Brendan Dunne as senior director of customer community and engagement. Dune most recently served as head of sneakers for media company Complex, overseeing editorial strategy, partnerships and content initiatives. In this newly created role, Dunne will be involved in StockX’s editorial content strategy and serve as a brand ambassador to represent the marketplace both IRL and URL and “deepen connections across the collectibles communities.”

Logistics

DHL

Markus Voss
Markus Voss DHL

Global contract logistics leader DHL has reshuffled various leadership teams.

Michael Young will assume the role of CEO for the United States, effective Aug. 1, replacing Robert Reiter, who will be leaving the company to explore other opportunities. DHL eCommerce Americas announced that Lee Spratt will retire at the end of the year after over 20 years with the company. He’s succeeded by chief commercial officer Scott Ashbaugh, now promoted to serve as CEO of the division.

DHL Group announced the immediate promotion of Mark Kunar to CEO of DHL Supply Chain North America, replacing Patrick Kelleher, who resigned (after about a year into the role) to take the reins as CEO of GXO Logistics. Markus Voss, current chief development officer at DHL Supply Chain, will succeed Uwe Brinks as the new CEO of DHL Freight, effective Sept. 1. In his new role, Voss will report directly to division CEO Tim Scharwath and become a member of the division’s management board.

Geodis

GEODIS Announces Laura Ritchey as President & CEO of Americas Region
Laura Ritchey Geodis

Global transport, logistics and supply chain management company Geodis has named Laura Ritchey as president and CEO of the Americas region. She will also serve as a member of the group’s executive board, chaired by Geodis CEO Marie-Christine Lombard. In this role, Ritchey will oversee the management and growth of the region’s units across North and South America, including contract logistics, freight forwarding and transportation. She succeeds Mike Honious, who is retiring from the industry after 30 years­—20 of which at Geodis—to lead the region’s team of nearly 20,000 across eight countries. Honious will serve in an advisory capacity to Lombard to assist in the transition and will continue to hold director roles with the company’s foundation and compassion fund.

Technology

TrueCommerce

Global supply chain network TrueCommerce has named Bill Glass as chief executive officer. He succeeds Randy Curran, who recently retired from the CEO role. Glass joined the company in 2022 as chief sales officer and previously served as senior vice president of global insights at InsightSoftware.  TrueCommerce also announced that Ray Greer was named chairman of the board. Greer has over 35 years of leadership experience in the supply chain, transportation and logistics sectors.