Five Below, Inc. has hired Michelle Israel, formerly of Macy’s, as chief merchandise officer, and Daniel Sullivan, formerly of Edgewell Personal Care, as chief financial officer.

Both executives will report to Winnie Park, chief executive officer, Five Below, Inc.

“We are thrilled to welcome Dan and Michelle to the Five Below team. They share our ‘customer is the boss’ operating philosophy and passion for delivering Wow! product at extreme value in a fun store experience for the kid and the kid in all of us,” said Park. “Their tenured experience at leading retail and consumer brands, proven business and customer acumen and ability to build high-performing teams with a strategic focus will be valuable as we execute on our vision and deliver on our growth objectives.”

Michelle Israel was SVP, general merchandise manager at Macy’s, overseeing the Beauty, Shoes, Handbags, Jewelry, Intimate Apparel, and Fashion Accessories businesses. Before that, Israel was SVP, off-price at Bloomingdale’s, and then at Macy’s Backstage, after working for Bloomingdale’s for 20 years. She was most recently a senior strategic advisor at Consensus Advisors, AllWork Platform and Emerging Brands. She has also been an active member of the Board of Directors at Spenser’s and Fish’s Eddy.

Israel is responsible for Merchandising, Planning, Allocation, Product Sourcing, and Product Development as well as Quality and Compliance.

Dan Sullivan most recently served as EVP and COO at Edgewell Personal Care, a global consumer products company. Previously, he served as CFO at Party City, CFO at Ahold USA and SVP and chief financial and operating officer at Heineken USA for a 12-year period.

Sullivan is responsible for Five Below’s financial operations and related strategies, overseeing its Finance, Information Technology and Asset Protection teams.

“I’d also like to thank Ken Bull, who will continue as our chief operating officer, for his partnership and stepping in to lead as interim CFO during this transition period,” Park continued.

Image courtesy Five Below / Office Works PA