Carter’s parent names interim leader as CEO retires

Quick Summary:

Michael Casey will step down after 15 years in the top spot, while Chief Financial and Operating Officer Richard Westenberger will lead in the interim.

Westenberger said during the earnings call that the sharper pricing and enhanced brand marketing helped improve customer acquisition and retention.

Despite the sales and comp declines, Casey said during an October earnings call that third-quarter results exceeded expectations.

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Article Details

Author / Journalist: Nate Delesline III

Category: Business

Markets: United StatesCanadaMexico

Topics: Chief Casey Years Carter’s Year Million Sales Officer Lead Company Westenberger

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 12:40:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 588 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 24963635

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