Saks CEO to Lead NRF Board
Saks chairman and chief executive officer Stephen I. Sadove has been elected as chairman of the National Retail Federation’s board of directors and chairman of its executive committee. He succeeds Terry J. Lundgren, president and chief executive officer of Macy’s, in the post.
In other appointments Kip Tindell, chairman and chief executive officer, The Container Store, was elected first vice chairman of the board, treasurer and chairman of the finance committee; and Mindy Grossman, chief executive officer, HSNi, was elected second vice chair of the board and secretary, as well as chair of the NRF Foundation board of directors, the non-profit arm of the NRF.
Sadove, Tindell and Grossman will join NRF president and chief executive officer Matthew Shay to comprise NRF’s 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 NRF’s strategic objectives and advocacy agenda,” says Shay. “The expertise and experience of these retail leaders will leverage our ability to shine a spotlight on the industry’s role in building careers, growing communities and driving innovation.”