Caleres Expands Board with Strategic Appointments
Slice of Retail Team
Nov 11, 2024
Key Highlights:
- Kyle Gendreau and Molly Langenstein elected to Caleres' board, expanding it to 12 members.
- Gendreau brings global brand, M&A, and sustainability expertise from Samsonite.
- Langenstein, former Chico’s CEO, known for driving profitability and digital strategy.
- 50% of Caleres' board are women, championing gender parity in leadership.
- Caleres honored five times by the Women’s Forum of New York for board gender parity.
Source: Business Wire
Quotes
“ “Kyle and Molly’s critical expertise will further round out the capabilities on our board. Kyle brings global brand building and portfolio management expertise, M&A experience and significant financial acumen. Molly is a strategic leader with deep fashion brand and omnichannel understanding...” ”
Diane Sullivan, Executive Chairman at Caleres
Our Take:
Caleres’ latest board appointments strategically position the company to enhance its global growth initiatives while deepening its commitment to gender parity and leadership diversity. Kyle Gendreau's extensive experience with brand expansion and sustainability at Samsonite adds a crucial global perspective, aligning well with Caleres' ambitions for broadening brand portfolios. Molly Langenstein’s track record in revitalizing retail sales and implementing customer-centric, digital-first strategies at Chico’s will benefit Caleres’ operational excellence initiatives. With 50% of its board comprised of women, Caleres continues to set an industry standard for gender-balanced leadership, underscoring its commitment to progressive corporate governance and shareholder value.
