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- Ross Stores Names James Conroy as New CEO, Succeeding Barbara Rentler
Ross Stores Names James Conroy as New CEO, Succeeding Barbara Rentler
Slice of Retail Team
October 30, 2024
Key Highlights:
James Conroy appointed as CEO of Ross Stores effective February 2, 2025.
Barbara Rentler transitions to an advisory role after decade-long CEO tenure.
Conroy to bring extensive experience from Boot Barn and other top retail positions.
Michael Balmuth, Executive Chairman, emphasizes Conroy’s customer-focused approach.
Ross’s success story of value-driven retail continues under new leadership.
Source: Business Wire
Notable Quotes:
“Jim is a proven retail executive with a demonstrated record of developing and leading successful retail management teams and creating tremendous value for shareholders.”
“I am deeply grateful not only for the last ten years, serving as CEO of Ross, but also for my entire tenure with the organization since joining the Company in 1986.”
“I have long admired Ross Stores’ strong customer-focused value offerings and its incredible growth trajectory. I am very excited to be joining the Company.”
Our Take:
Ross Stores’ appointment of James Conroy as CEO aligns with its forward-thinking succession strategy, prioritizing leadership with deep retail insight and a customer-centric approach. Conroy’s proven track record at Boot Barn, especially his experience with in-store and e-commerce growth across diverse product lines, aligns well with Ross's off-price model and brand expansion. This leadership transition signals Ross's intent to maintain its growth momentum while ensuring continuity in its merchandising and operational excellence under Rentler's advisory guidance. Conroy’s onboarding as CEO-Elect allows for a seamless transition, reinforcing Ross’s reputation for strategic foresight and stability.