Ex-Big Lots exec joins Wayfair board

Gina Acosta
Executive Editor
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Former Big Lots and TJX CFO is bringing extensive expertise in the retail and CPG industries to the leading online retailer.

Wayfair has named Jeffrey Naylor to its board of directors. Naylor has had past executive leadership roles at The TJX Companies and Big Lots, Inc. as well as senior leadership roles at Limited Brands and Sears, Roebuck and Co.

“We are excited to welcome Jeff to the board as we embark on our next era of growth and continue to address a massive market opportunity with tremendous momentum behind us,” said Niraj Shah, CEO, co-founder and co-chairman, Wayfair. “Jeff joins us with a wealth of experience in the retail and consumer product industries and we look forward to his contributions in the months and years ahead as we continue to delight more and more customers with an unparalleled retail experience for home.”

Over the course of his career, Naylor held several senior executive roles with The TJX Companies, Inc. He joined TJX as senior executive vice president and chief financial officer in 2004, and later took on additional responsibilities for information technology, legal, strategic planning and business development as chief administrative officer.

“I am honored to join the Wayfair board and work with an exceptional company and leadership team at such an exciting point in the company’s growth trajectory,” said Naylor. “Wayfair is well positioned as the clear online leader in home. I look forward to contributing to the company’s continued success as it drives customer experience to new heights and scales the business to address the great market opportunity ahead.”

Prior to joining TJX, Naylor served as chief financial officer of Big Lots, Inc. and chief financial officer and chief administrative officer of Dade Behring, Inc. He currently serves on the boards of Synchrony Financial, a consumer financial services company, and Emerald Expositions, the largest operator of business to business trade shows in the U.S. Naylor also serves on the board of directors of two privately held companies. He attended Northwestern University where he earned his Bachelor of Arts in economics and political science and his MBA from the Kellogg Graduate School of Management.

Naylor will fill the board seat formerly held by Neeraj Agrawal, general partner of Battery Ventures, who is stepping down from the nine-person board after seven years of service.