Saks CEO Sadove elected chairman of NRF board
New York -- The National Retail Federation on Monday announced that Saks Inc. chairman and CEO Stephen I. Sadove has been elected chairman of the NRF board of directors and chairman of its executive committee.
Sadove succeeds NRF’s immediate past chairman, Terry J. Lundgren, chairman, president and CEO of Macy’s.
The Container Store chairman and CEO Kip Tindell was elected first vice chairman of the board, treasurer and chairman of the finance committee, and HSNi CEO Mindy Grossman was elected second vice chair of the Board and secretary.
Sadove, Tindell and Grossman will join NRF president and CEO Matthew Shay to comprise NRF’s leadership team. Each board officer will serve a two-year term.
“Representing the breadth and diversity of the retail industry from small business owners to global brands, the board will help shape NRF’s strategic objectives and advocacy agenda,” NRF president and CEO Matthew Shay said. “The expertise and experience of these retail leaders will leverage our ability to shine a spotlight on the industry’s role in building careers, growing communities, and driving innovation.”