Carter’s, Inc., a premier marketer of infant and children’s apparel in North America, announced a significant leadership transition on Friday. Brian Lynch, the current President and Chief Operating Officer, is set to retire on March 1. This transition includes pivotal appointments of Kendra Krugman and Richard Westenberger, marking a strategic move for the company’s continued growth.
Leadership Appointments:
- Kendra Krugman:
- Current Role: Executive Vice President, Retail, and Chief Merchandising Officer.
- New Role (Effective March 1): Senior Executive Vice President, Chief Creative and Growth Officer.
- Responsibilities: Krugman’s role will encompass leading product design, merchandising, and retail teams, collaborating on growth opportunities. With a tenure since 2007, she has been instrumental in expanding Carter’s exclusive brands available through major retailers like Target, Walmart, and Amazon.
- Richard Westenberger:
- Current Role: Executive Vice President and Chief Financial Officer.
- New Role (Effective March 1): Senior Executive Vice President, Chief Financial Officer, and Chief Operating Officer.
- Expanded Responsibilities: Westenberger, a key figure since joining in 2009, will now oversee finance, information technology, real estate, enterprise risk management, and the crucial addition of the company’s supply chain operations.
Statements from Michael Casey, Chairman, and CEO:
“Brian has been an exceptional leader, contributing significantly to our growth over his long career with Carter’s. His influence spans critical areas, from product design to operational capabilities. We are grateful for his contributions and years of service.”
“We are fortunate to have a depth of experienced leaders at Carter’s to support this transition,” added Casey, to whom both Krugman and Westenberger will report.
This strategic leadership transition positions Carter’s for continued success, leveraging the expertise of its seasoned leadership team to drive growth and innovation in the dynamic retail landscape.