Jan 13, 2024
Carter’s announces leadership shuffle
Jan 13, 2024
Carter’s, Inc., a branded marketer of apparel for babies and young children in North America, announced on Friday that Brian Lynch, president and chief operating officer, will retire effective March 1.
As part of the transition of leadership, the company will expand the roles of Kendra Krugman and Richard Westenberger. Lynch will continue to support the company through February 2025 by consulting and aiding in the transition of leadership.
Effective March 1, Krugman, currently executive vice president, retail, and chief merchandising officer, will be promoted to senior executive vice president, chief creative and growth officer.
In her expanded role, Krugman will continue to lead product design, merchandising, and retail teams while collaborating with the Leadership Team to identify growth opportunities. Krugman has been with Carter’s since 2007 and played a key role in developing and expanding Carter’s exclusive brands, available through major retailers like Target, Walmart, and Amazon.
Simultaneously, Westenberger, currently executive vice president and chief financial officer, will be promoted to senior executive vice president, chief financial officer and chief operating officer.
In addition to overseeing finance, information technology, real estate, and enterprise risk management, Westenberger will now also be responsible for the company’s supply chain operations. He joined Carter’s in 2009 and has been instrumental in leading various crucial aspects of the organization.
“Brian has been an exceptional leader and contributor to our growth over his long career with Carter’s. He has led many areas of our Company, including product design and merchandising, our retail, wholesale and international businesses, and the development of our supply chain and operational capabilities,” said Michael Casey, chairman and chief executive officer. “Brian has been a highly valued advisor to me, our leadership team, and our board of directors. I am grateful for his many contributions and years of service to Carter’s.”
Casey, who both Krugman and Westenberger will report to, added: “We are fortunate to have a depth of long tenured and highly experienced leaders at Carter’s to support this transition in leadership.”
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