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1st 'outsider' to lead retailer LL Bean

2015-11-04 03:45:45| Apparel - Topix.net

Outdoors retailer L.L. Bean is going outside the company for the first time in its 103-year history for its new CEO, tapping the chief merchandising and marketing officer of a Chinese e-commerce business, officials said Tuesday. Chairman Shawn Gorman made the announcement to workers in a memo, telling them the L.L. Bean family and board unanimously agreed to hire Stephen Smith from Chinese online grocer Yihaodian.

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