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McDonald's, Ferrero, Adidas, Canada Goose, Audemars Piguet, Douyin E-commerce, Dada Group and other companies have changed their executives | August 2022 Global Consumer Retail Fashion Executive Update

author:Know the elimination

(September 13, 2022) McDonald's, Ferrero, Adidas, Canada Goose, Audemars Piguet, Douyin E-commerce, Dada Group and other companies in August executive changes.

McDonald's, Ferrero, Adidas, Canada Goose, Audemars Piguet, Douyin E-commerce, Dada Group and other companies have changed their executives | August 2022 Global Consumer Retail Fashion Executive Update

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Marriott, Johnson & Johnson, and Salesforce executives will join McDonald's board. McDonald's said the company will add three new directors to its board as longtime board member Sheila A. Penrose prepares to step down. Sheila A. Penrose, a 15-year board member, will retire on September 30. Marriott International CEO Tony Capuano, Johnson & Johnson's Chairman of global pharmaceutical division Jennifer Taubert and Customer Relationship Management (CRM) Software Servicesforce Chief Financial Officer Amy Weaver will join the board oct.

Marriott International CEO Anthony Capuano (Tony Capuano). Marriott International is a global hotel management company with more than 8,100 hotels and several well-known hotel brands worldwide. Experienced in the real estate sector, Anthony Capuano led an agency focused on franchising and drove digital customer engagement through the Marriott Bonvoy loyalty program. Under Cappuano's leadership, the company launched the "Marriott's Bridging the Gap" program. The program lasts for many years and focuses on developing more diverse and inclusive owners and franchisees.

Jennifer Taubert, Executive Vice President and Chairman of the Global Pharmaceutical Industry at Johnson & Johnson. Johnson & Johnson is a globally renowned healthcare company with a wide range of operations. Jennifer Taubert leads more than 45,000 employees and leads the division with global sales of $52 billion. Taubert is competent in handling complex global businesses in a highly dynamic environment. As a purpose-driven leader, she has dedicated her career to healthcare and has made a positive impact on people and communities across the globe. It has been listed as One of Fortune's "Most Powerful Women" for the past six years.

Amy Weaver, president and chief financial officer of Salesforce, a provider of customer relationship management (CRM) software services. Salesforce's customer relationship management technology is at the global forefront. Amy Weaver leads Salesforce's global finance organization with extensive financial, legal and digital experience. Until 2021, she served as the company's chief legal officer. Weaver has driven many important strategic and operational initiatives about Salesforce, successfully translating societal needs into commercial business. She has also held leadership positions Expedia.com online travel companies and has an understanding of both the hospitality industry and the guest experience.

Coca-Cola appointed Jennifer Mann as president of its North American operations. Coca-Cola has appointed Jennifer Mann as president of the Company's North American operations, effective January 1, 2023. At that time, Jennifer Mann will succeed Alfredo Rivera, who will continue to serve as senior advisor to the company until March 2023. Jennifer Mann joined the company in 1997 and currently serves as senior vice president of the company and president of Coca-Cola Global Ventures. Its team is responsible for acquisitions and brands worldwide, including Costa Coffee and Coca-Cola's investment in Monster Beverage Corp. Jennifer Mann previously served as the company's chief personnel officer and the company's chairman and CEO James Quincey's chief of staff. From 2012 to 2015, she served as Vice President and General Manager of Coca-Cola Freestyle's current tuning machine, accelerating Freestyle's global expansion and leading its rapid growth. Alfredo Rivera joined the company's Latin America division in 1984 and has led the North American operations since August 2020, during which time it successfully completed a business restructuring.

Ferrero North America announces the appointment of Alanna Cotton as President and Chief Commercial Officer. Ferrero Group announces the appointment of Alanna Cotton as President and Chief Commercial Officer of Ferrero North America, inc., responsible for Ferrero's operations in the U.S., Canada and the Caribbean, effective September 1, 2022. Ferrero North America's former President and Chief Commercial Officer is Todd Siwak, who assumed the role from September 2021 and will pursue a career in the private equity industry after stepping down. Alanna Cotton holds a bachelor's degree in environmental engineering from Northwestern University and a degree in business administration from Stanford University. She has served as Senior Vice President, General Manager and Department Head at Samsung Electronics Corporation, executive roles at PepsiCo and Procter & Gamble, Global Chief Marketing Officer, President and Head of Global Unaduffled Beverages, and President of Operations in Central and Eastern Europe at Coca-Cola Corporation.

The CEO of Adidas will leave early next year. Adidas announced in a statement that Kasper Rorsted, the CEO who has led the group since 2016, will leave next year, ending earlier than the original 2025, and he will remain in office until the group finds a successor to ensure a smooth transition. Kasper Rorsted, exhausted after guiding Adidas through the epidemic crisis, admitted in an interview with German media that adidas China's revenue has declined for five consecutive quarters, not only affected by the epidemic repeatedly, but also the brand itself has "made mistakes" and "adidas does not know enough about Chinese consumers, thus leaving room for competitors in the Chinese market".

The former CEO of Tiffany & Co. will join Audemars Piguet as Chairman of the Board. Swiss luxury watch brand Audemars Piguet announced that former Tiffany CEO Alessandro Bogliolo joined the board in August and will succeed the brand's great-granddaughter Jasmine Audemars as chairman in November. Alessandro Bogliolo served as CEO and Board Member of Tiffany from 2017 to January 2021, and previously CEO of Diesel and has extensive experience as an executive at Bulgari.

Pandora appoints Unilever executives as the new Chief Marketing Officer. Danish jewelry brand Pandora has appointed Mary Carmen Gasco-Buisson as its new chief marketing officer, an appointment that will take effect in the fall. It is worth noting that Mary Gasco-Buisson is currently Unilever's Global Vice President, having successfully turned the Brand around since leading unilever's Axe brand in 2020, as well as having held leadership roles at procter & Gamble Group for 22 years.

The Chief Financial Officer of Coach's parent company will also serve as Chief Operating Officer. Tapestry Group, which owns Coach, Kate Spade and Stuart Weitzman, announced that Scott Roe will serve as CFO and COO to succeed today's retiring Tom Glaser. In this newly created dual role, Scott Roe will not only continue to lead the finance department, but will also be responsible for overseeing the operations of Tapestry's multi-brand platform, including supply chain and information technology.

Tom Ford Beauty has appointed Senior Vice President of Global Marketing and Strategy. Estée Lauder Group announces that Dexter King has been promoted to Senior Vice President of Global Marketing and Strategy for Tom Ford Beauty. Since joining the company in 2015, Dexter King has held a number of roles, most recently senior vice president and general manager of international and global strategy, with extensive relevant experience. It is worth noting that there was previous news that Estée Lauder Group intends to spend $3 billion to acquire Tom Ford's entire brand.

Sephora's global executive reshuffle. Chris de Lapuente, chairman and CHIEF executive of LVMH's Select Retail division, retook over Sephora in June as president and chief executive officer. To better run the global business, Sephora was promoted to Vice President and Chief Global and U.S. Marketing Officer Artemis Patrick with full responsibility for the global business, Senior Vice President of North American Marketing, Skincare and Hair Care Priya Venkatesh was promoted to Senior Vice President of Global Marketing, and Rauvan Dulay, Senior Vice President of Global Marketing, Business Development and Strategy, will be responsible for the global team.

Asos CFO leaves. Mat Dunn, CFO and COO of BRITISH fast fashion retailer ASOS, will leave at the end of 2022 and the group has begun looking for a new CFO. In the three months ended 31 May, ASOS sales slowed to 4% year-on-year to £983 million, compared to a 2% increase in the first nine months to £2,987 million.

The founder of Topshop died at the age of 83. Ralph Halpern, founder of Tophsop and former CEO of Debenhams, died at the age of 83. Founded in 1964, Topshop once belonged to arcadia Group, britain's largest clothing retailer, and the brand was acquired last year by British ultra-fast fashion e-commerce asos for £330 million.

Japanese designer Issey Miyake died. Issey Miyake, a famous Japanese fashion designer, died of cancer on August 5 at the age of 84. Born on April 22, 1938 in Hiroshima City, Miyake is a well-known Japanese fashion designer known for his innovative costume designs and exhibitions. Issey Miyake worked as Givenchy's assistant in 1968, set up Miyake Design Office in 1970, set up a brand the following year, and participated in Paris Fashion Week for the first time in 1973. In terms of styling, he pioneered the deconstructivist design style of clothing design, which was awarded the Purple Ribbon Medal by Japan and was once named by the Japanese media as one of the 1,000 people who created the 20th century.

China

Ma's Wrigley Qu Shuanghong resigned as a supervisor and was succeeded by Fang Yijie. On July 27, 2022, Mars Wrigley Candy (China) Co., Ltd. underwent a personnel change: Qu Shuanghong resigned as a supervisor and was replaced by Fang Yijie.

The legal representative, executive director and general manager of Daily Excellent Fresh were changed from Ma Lei to Sun Yuying. Daily Excellent Fresh (Chengmai) Technology Co., Ltd. has undergone a change of industry and commerce, and the legal representative, executive director and general manager have been changed from Ma Lei to Sun Yuying. Daily Youxian (Chengmai) Technology Co., Ltd. was established in May 2021 with a registered capital of 5 million yuan, which is wholly owned by Beijing Daily Fresh E-commerce Co., Ltd. Not long ago, the legal representative of Beijing Daily Fresh E-commerce Co., Ltd. was changed from Zeng Bin to Sun Yuying, and Sun Yuying served as an executive director and manager. In addition, The co-founders of Daily Excellent Fresh, Zeng Bin and Xu Zheng, withdrew from the ranks of the company's main personnel.

Luckin Coffee has appointed Quiet as Chief Financial Officer. Luckin Coffee's official website released a statement on August 8, announcing the appointment of Quiet as the company's chief financial officer, effective immediately. Luckin Coffee said Quiet has more than 17 years of experience in corporate finance and management, particularly in technology companies. According to the statement, before joining Luckin, Quiet served as the chief financial officer of 58 Homes from 2016 to 2022. Quiet will succeed Reinout Hendrik Schakel, who has served as Luckin's CFO and Chief Strategy Officer since January 2019. Schakel will continue to serve as Luckin's chief strategy officer, the statement said.

Canada Goose appointed former LVMH executives as President of China. Canada Goose issued a statement announcing Larry Li's president as President of China, with the appointment effective immediately. In this role, Li Zihou will be responsible for overseeing all of the brand's business activities in the Chinese market, including commercial, marketing and finance, and reporting to Paul Cadman, Group President of Asia Pacific. According to the data, Li Zi was previously the managing director of the Densil road brand under the Richemont Group, and also held various senior management positions in LOUIS Vuitton, Givenchy and Kenzo under LVMH, and has nearly 20 years of experience in the luxury industry. CEO Dani Reiss expects that under the guidance of Li Zihou, as the epidemic improves, the brand's sales in the Chinese market will rebound in the second half of this year.

Alibaba Group appoints two independent directors. Alibaba announced on the Hong Kong Stock Exchange that it has appointed Li Yunlian, Executive Chairman of Hysan Industrial Group Limited, and Wu Gangping, former Chairman of Ernst & Young China, as independent directors of the Group's Board of Directors with effect from 4 August 2022. Following this appointment, the Board of Directors of the Company currently comprises 12 Directors, including 7 independent directors. In addition, Mr. Tung Chee-hwa, an independent director of the Company, will no longer participate in the selection of the Board after the end of his current term of office, which will end at the Annual General Meeting of Shareholders to be held this year.

Douyin e-commerce adjustment, operations head Li Tian left. Douyin e-commerce will usher in adjustments, following the departure of Li Tian, the author of Douyin e-commerce in June, the head of commodity operations, Douyin e-commerce is accelerating the change of the situation of transitional binding content traffic. Recently, Douyin internally announced that part of the waist business will be handed over to the Douyin e-commerce service provider team to execute, the industry operation of Douyin e-commerce will be divided into two business lines, namely content business and shelf business, in the future, Douyin e-commerce mainly to do malls and brands.

Dada Group founder Ku Jiaqi left the company. Dada Group officially returned to JD.com, and at the same time, the organizational structure of Dada Group underwent major adjustments. Dada Group announces that the Board of Directors has confirmed the retirement of Mr. Kua Kei and his resignation as Chief Executive Officer and Chairman of the Board of Directors of the Company with effect from 31 August 2022. After retiring, She may engage in investment work, look for seed projects, and provide entrepreneurial guidance services. In addition, the Board of Directors appointed Mr. He Huijian, former Vice President of Dada Group, to be the President of Dada Group, to fully preside over the daily work of the Company and report to the Board of Directors, the appointment took effect from August 31, and He Huijian was appointed as a director of the Company. The announcement also announced that Mr. Xin Lijun, CEO of JD Retail, will serve as the chairman of the board of directors of Dada Group.

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