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Starbucks names new execs for Teavana and Canada; Teavana CEO retires

BY Dan Berthiaume

Seattle – Starbucks Coffee Company has named Starbucks Canada executive VP and president Annie Young-Scrivner as executive VP and president, Teavana. Nine-year retail operations executive and employee resources senior VP Rossann Williams has been appointed senior VP and president, Starbucks Canada.

Teavana founder and CEO Andy Mack, having helped with the integration of Teavana with Starbucks, has decided to retire from the company.

“Tea is the second most-consumed beverage in the world and represents a sizeable opportunity for Starbucks as we continue to grow around the world,” said Cliff Burrows, group president, U.S., Americas and Teavana. “Under Annie’s leadership, we plan to do for tea what we did for coffee by significantly expanding the availability of new and innovative Teavana products in Starbucks and Teavana retail stores and through other channels. Starbucks Canada is our largest international market and an important contributor to our Americas growth strategy. Rossann is an experienced Starbucks executive and a true ambassador for our culture, values and guiding principles.”

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Ethan Allen names new head furniture group

BY Dan Berthiaume

Danbury, Conn. – Ethan Allen Interiors Inc. has appointed Daniel R. Bradley as its senior VP, Furniture Group. Bradley will lead the merchandising and manufacturing operations for the furniture group.

Bradley’s career in the home furnishings industry includes his most recent role at Furniture Brands International Inc. where he served as president designer brands. Prior to assuming that role, Bradley served as the president and CEO of Ferguson Copeland Ltd. and previously was president of Baker, Knapp and Tubbs.

"I am pleased to have Dan join our team. Ethan Allen is continuing our focus on "The New Eclecticism", which adds fashion, color, and a spirit of mixing things up to our time-honored story of quality, value and style,” said Ethan Allen CEO Farooq Kathwari. “This leap from furniture to fashion is being very well received by our network and by consumers. To accelerate this effort we are repositioning our product programs into two major business units; an accents group and furniture group."

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Engaged Capital nominates five board members for Abercrombie & Fitch

BY Dan Berthiaume

Newport Beach, Calif. — Engaged Capital, an investment firm specializing in small and mid-cap North American equities and stockholder of Abercrombie & Fitch Co., has named five nominees for the Abercrombie & Fitch board of directors. The nominees are Alexander P. Brick, former CEO of Specialty Retail Group; Robert D. Huth, former CEO of David’s Bridal; Michael W. Kramer, former COO of J.C. Penney; Diane L. Neal, former CEO of Bath & Body Works; and Glenn W. Welling, CIO and managing member of Engaged Capital.

In a statement, Engaged Capital said Abercrombie incumbent directors have a record of wasteful capital spending and blatant disregard for stockholders. The statement specifically cites the recent contract extension of CEO Michael Jeffries, despite Engaged Capital sending a letter to the board asking that he be replaced and without speaking with any major stockholders.

“We need a board of independent leaders who can set a new direction for Abercrombie,” said Welling. “For far too long, stockholders have suffered under the failed leadership of a board that has lacked the independence necessary to properly act as our fiduciaries.”

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