Big Lots looking for new CEO
Discount and closeout retailer Big Lots is searching for a new CEO after David Campisi announced his retirement.
Campisi, 62, who had been on a leave of absence for medical reasons since December, has decided to retire in order to focus fully on his health, according to a statement from Big Lots.
“On behalf of the board, I want to thank David for his years of dedicated service to Big Lots,” said Jim Chambers, non-executive chair of the board in a statement. “David has provided strong leadership during an important period in the company’s history, and one of his lasting legacies will be the talented team that he developed at Big Lots. We sincerely appreciate David’s many contributions to Big Lots and wish him a long and healthy retirement.”
Lisa M. Bachmann, executive vice president, chief merchandising and operating officer, and Timothy A. Johnson, executive vice president, chief administrative officer and chief financial officer, will continue to carry out Campisi’s executive responsibilities while the Big Lots board of directors searches for a permanent successor.
Campisi joined Big Lots in May 2013. A veteran of more than 30 years in the retail industry, he previously worked at Sports Authority, Kohl's and others.
Headquartered in Columbus, Ohio, Big Lots operates 1,416 stores in 47 states.