Retail appointments of the week

Stockland appoints new CEO, managing director Retail landlord Stockland has appointed Tarun Gupta as its next chief executive officer and managing director, taking over from Mark Steinart. Gupta will take on the role on June 1, 2021. Gupta is currently at Lendlease, where he has held several senior roles in the past 26 years he has spent at the company, most recently as chief financial officer. “Ultimately, the board made the decision based on Tarun’s breadth of experience across the propert

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on Tarun’s breadth of experience across the property sector including in relation to communities development, retirement living, commercial property and investment management,” said Stockland chair Tom Pockett.

According to Pockett, Steinart will continue to serve as the company’s CEO and managing director until Gupta gets on board.

“Mark has made a great contribution to Stockland and will continue to apply his passion and commitment to the delivery of our strategic priorities and our purpose of a better way to live during this transition period,” he said, commending Steinart for the work he did to expand the company’s workplace and logistics portfolio and significantly repositioning its town centre business.

LVMH chief digital officer leaves role to join tech startup

Ian Rogers, chief digital officer at LVMH, is leaving his role to join cryptocurrency tech start up Ledger as chief experience officer.

“Five years ago I left Apple and California, where I had lived for more than 20 years and resettled in Paris working as chief digital officer at LVMH,” Rogers said.

“I’m not sure who took the bigger risk, LVMH or me, but we each had an intuition and I’m proud to say our instincts were at least partially correct.”

“In a transplant such as this, the body doesn’t always accept the organ, but with the mentorship of [LVMH managing director] Toni Belloni and [Rimowa CEO] Alexandre Arnault, and a lot of patience and tolerance from the incredibly talented and experienced LVMH teams, I built a team of my own and we worked together toward digital transformation in luxury.”

At LVMH, Rogers was responsible for creating a uniform strategy for online distribution across LVMH’s brands. He played a major part in driving e-commerce for LVMH which includes Louis Vuitton, Dior and Givenchy under its portfolio.

While Rogers is taking on a new role, he will continue working at LVMH in an advisory position.

Gap welcomes new Banana Republic CEO, Gap chief growth officer

Clothing retail group Gap Inc has brought on board Sandra Stangl as the new president and CEO of Banana Republic.

During her career, Stangl has had several leadership roles, including president at Pottery Barn, which she held for nine years.

Meanwhile, Best Buy Health’s Asheesh Saksena has been hired as chief growth officer, a newly created position that will focus on executing the company’s strategic agenda and leading growth initiatives for the future.

“Gap Inc. has significant opportunity to grow our purpose-led, billion-dollar lifestyle brands through the power of our platform, sophisticated end-to-end capabilities and by harnessing the advantages that come with operating a portfolio that targets 80 percent of the addressable apparel market,” said Sonia Syngal, CEO of Gap Inc.

“With the addition of Asheesh and Sandra, two strong industry veterans and proven creators, I have even greater confidence in our ability to deliver against our Power Plan 2023 as we steer the company into the future.”