As previously reported, Clarks parted ways with its former chief executive, Mike Shearwood, as of June 25 because of repeated instances of inappropriate behavior. He was immediately replaced by Stella David, who has been a member of the board for six years, pending the recruitment of a new CEO. She has spent more than 30 years in branded consumer goods and family-owned companies, running among others William Grant, the international spirits group.
David said she wanted rapid action to deliver acceptable results by raising sales, by building up the culture of the organization and by implementing improved ways of working through clearer accountability, better team work, better processes and a modern and simple technological infrastructure.
Meanwhile, the company's chief financial officer, Paul Kenyon, has been promoted to the role of chief financial and transformation officer, responsible also for property and portfolio and program management. David has also given Clarks' chief brand officer, Jason Beckley, the additional title of chief futurist, focusing on what the footwear industry could look like in five to ten years' time.
Louise Franchomme, category director for kids, is joining the company's executive committee, reporting to David as chief merchandising officer, with the task of improving the seasonal planning process. As chief supply chain officer, Antony Perillo will be in charge of product development, sourcing and supply chain management. Steve Finlan, the current chief people officer, will leave at the end of this year.
Thomas J. O'Neill has agreed to continue to serve as chairman of the family-owned group.