The National Retail Federation announced that Saks Incorporated Chairman and CEO Stephen I. Sadove has been elected chairman of the NRF board of directors and chairman of its executive committee. He succeeds NRFs immediate past chairman, Terry J. Lundgren, chairman, president and CEO of Macys, Inc. Sadove was elected at the Board of Directors meeting held Sunday during NRFs 102nd Annual Convention and EXPO-Retails BIG Show.
The Container Store Chairman and CEO Kip Tindell was elected first vice chairman of the Board, treasurer and chairman of the Finance Committee, and HSNi CEO Mindy Grossman was elected second vice chair of the Board and secretary.
Sadove, Tindell and Grossman will join NRF President and CEO Matthew Shay to comprise NRFs leadership team. Each board officer will serve a two-year term.
Representing the breadth and diversity of the retail industry from small business owners to global brands, the Board will help shape NRFs strategic objectives and advocacy agenda, NRF President and CEO Matthew Shay said. The expertise and experience of these retail leaders will leverage our ability to shine a spotlight on the industrys role in building careers, growing communities, and driving innovation.
Newly-elected retail board members are:
Beth Aberg, president, Random Harvest, Inc.
Sasha Bopp, CEO, Crate and Barrel
Brendan Hoffman, president and CEO, Bon-Ton Stores Inc.
Ravi Saligram, president and CEO, OfficeMax
State retail association executives elected as ex officio board members are:
Michelle Ahlmer, executive director, Arizona Retailers Association
Roland Myers, president and CEO, Tennessee Retail Association
Associate Member Advisory Council representatives re-elected to the board are:
Karen Lowe, general manager, Global Retail Industry, IBM Corporation
Ramón B. Martin, president, Merchant Services Americas, American Express Company
Alison Paul, principal, Deloitte & Touche LLP