Liza Landsman, president of the Wal-Mart Stores Inc.-owned Jet.com, plans to leave the online marketplace in the coming months, according to a source familiar with her plans. Recode was first to report news of her planned departure.
Jet hired Landsman as its chief customer officer in March 2015, according to her LinkedIn profile. She was promoted to president in February 2017, a few months after Wal-Mart paid more than $3.3 billion in cash and stock for Jet and named Jet founder Marc Lore president and CEO of Walmart eCommerce U.S.
That deal was a sign that Wal-Mart was about to embark on a massive acquisition binge that last year included buying shoe retailer Shoebuy.com Inc., outdoor gear retailer Moosejaw, women’s apparel retailer ModCloth and men’s apparel brand Bonobos. After acquiring those companies, Wal-Mart has expanded many executives’ roles. For instance, in addition to his role as president and CEO of Moosejaw, Eoin Comerford now oversees Walmart’s outdoors vertical across all of Walmart’s e-commerce properties. That means he and his team are tasked with building out Walmart.com’s outdoors assortment, both through wholesale relationships and the marketplace, as well as filling out the selection on Jet and Shoebuy.
Jet is No. 22 in the Internet Retailer 2018 Online Marketplaces ranking, which examines the largest online marketplaces in the world. It generated an Internet Retailer-estimated $1.00 billion in gross merchandise volume last year, according to Internet Retailer’s Top500Guide.com.Favorite