Crate and Barrel has made its temporary CEO permanent.
Neela Montgomery will officially start as the new CEO of Crate and Barrel, No. 78 in the just-released 2017 Internet Retailer U.S. Top 1000, on Aug. 1. She has been handling the bulk of the CEO’s responsibilities since now-former CEO Doug Diemoz left the retailer last month.
Montgomery spent more than a decade in a variety of roles with U.K. mass merchant Tesco Stores, No. 3 in the 2016 Europe 500, including serving as the retailer’s channel director for general merchandise online, eventually rising to become the retailer’s general merchandise director for the U.K. She’s been with Crate and Barrel parent Otto Group (No. 2 in the 2016 Europe 500) since November 2014.
“I am looking forward to developing the company further by taking over not only strategic, but now also operational responsibility,” she said.
Crate and Barrel grew its online sales to an Internet Retailer-estimated $618.5 million in 2016, up 10.5% from $560 million the previous year, according to Top500Guide.com.Favorite