retail

What's Going On in J.Crew's C-Suite?

Preppy retailer J. Crew (JCG) announced at the end of April that the company had made major changes to its executive board. Former chief design officer Jenna Lyons stepped down from the company at the beginning of the month after the retailer continually underperformed. Her replacement? Somsack Sikhounmuong, who previously designed for Madewell, took over the position. This change, though, shifted the balance in the c-suite from majority female to majority male. Other changes included the move of Lisa Greenwald to chief merchandising officer.