Chico’s FAS has named Patrick J. Guido as its new CFO, effective Sept. 20.
Guido most recently served as senior vice president and CFO at Asbury Automotive Group, one of the largest automotive retail and service companies in the U.S. He also previously served as executive vice president and CFO of Lululemon Athletica, from 2018 to 2020.
Chico’s also announced that its current CFO, David Oliver, has been reappointed to his former role as senior vice president of finance – controller and chief accounting officer, Chain Store Age reported.
The leadership shakeup comes after Chico’s recently added another executive, appointing Jay Topper as its chief digital officer earlier this year. Chico’s also snagged Nancy Johnson, formerly of Macy’s, as senior vice president, GMM merchandising and design, as well as Dimple Rao, formerly from SPINS, as vice president of product management.
Prior to his time with Lululemon, Guido was treasurer and vice president of corporate development for seven years with VF Corp.
"PJ is a highly accomplished finance executive with deep knowledge of the retail industry and a proven track record guiding companies through significant growth periods," said Molly Langenstein, president and CEO, Chico’s FAS. "We are excited about the growth of our company.”
Camp, a family-friendly, experiential retailer, has appointed Chris Spadaccini as chief marketing officer.
Spadaccini comes to Camp from WarnerMedia, where he served as chief marketing officer and led marketing for category-leading brands, including HBO, TBS, TNT, truTV and HBO Max, Chain Store Age reported. He also spent 20 years at HBO, overseeing brand strategy, creative advertising, media and consumer promotions, as well as multicultural and digital platform marketing.
In his new role with Camp, Spadacinni will lead Camp’s brand, advertising, creative, media and growth marketing strategies. His appointment comes as the company is rapidly expanding. Headquartered in New York, Camp has six locations, including four in New York City.
“We are thrilled to partner with Chris to build a global brand that families everywhere will grow up with," said Camp CEO Ben Kaufman. "Chris spent 20 years building the HBO brand through strategies that drive obsession and ritualistic behavior, and that is exactly what is needed to build a global retail business in the 21st century. … Also, he likes to have fun. And we're kinda fun."
The CEO of Mirror, a fitness company that was acquired by Lululemon Athletica, is stepping down.
Putnam, who was a professional ballerina, founded the company in 2016. She will work in an advisory capacity until next July, multiple news outlets have reported. The company is looking for her successor, with three Lululemon executives stepping in to co-lead Mirror in the interim––Tess Hales, head of customer; Olivia Lange, head of operations; and Kristie D’Ambrosio-Correll, chief technology officer.
Lululemon acquired Mirror for $500 million last year after the retailer invested about $1 million into the company in 2019, CNBC reported. Since the acquisition, Mirror shop-in-shops have popped up in many Lululemon locations.