Houston Stage Stores Inc. announced Friday that Jim Scarborough will retire from the position of CEO on Nov. 3. He will, however, continue in the capacity of chairman of the board. In accordance with Stage Stores’ succession plan, president and COO Andrew Hall will assume the position of president and CEO when Scarborough retires. Hall also serves on the company’s board of directors.
In the eight years he has spent at Stage Stores, Scarborough is credited with leading the company through a dynamic and successful reorganization. Hall has held his current position for nearly three years.