– USA, TX – The Container Store Group, Inc. (NYSE: TCS) today announced the nominations of Anthony Laday, CFO of Fogo de Chão, and Nicole Otto, former VP of Nike Direct North America, for election to its Board of Directors at the 2021 AGM, scheduled on September 1st, 2021.
The Board also appointed Mr. Laday to the Audit Committee and the Nominating and Corporate Governance Committee and Ms. Otto to the Culture and Compensation Committee effective as of the conclusion of the Annual Meeting.
“We are pleased our Board of Directors has nominated Anthony Laday and Nicole Otto,” said CEO, Satish Malhotra. “These distinguished individuals are subject matter experts in their respective fields and will bring unique perspectives to The Container Store and its shareholders. We extend our sincere gratitude to Melissa Reiff and Raj Sisodia for their years of service on the Board. They have both made invaluable contributions and have helped position The Container Store to achieve market share growth and to double our business over time.”
The Board also appointed Robert Jordan, currently the Lead Independent Director, to serve as Chairperson of the Board as of the conclusion of the AGM. Melissa Reiff, current Chairwoman of the Board and a Class II Director, and Raj Sisodia, a current Class II Director, have not been nominated for reelection at the Annual Meeting.
About Anthony Laday
Since 2014, Mr. Laday has served as the CFO of Fogo de Chão, where he leads the Accounting, Finance, IT, and Supply Chain functions. In 2015, Mr. Laday was instrumental in the successful completion of Fogo de Chão’ s initial public offering on Nasdaq. He also helped navigate a go-private transaction in April 2018 when Rhône Capital acquired Fogo de Chão in an all-cash transaction valued at $650 million. Mr. Laday has held finance roles of increasing responsibility for several prominent brands before Fogo de Chão including Brinker International, FedEx Office, and American Airlines. In his last position at Brinker International as VP International, Investor Relations, and Corporate Treasurer, Mr. Laday was instrumental in doubling the size of Brinker’s Internal Division, securing $250 million in public debt, and developing strategies to significantly improve operating margins.
Mr. Laday received his BBA and MBA from Southern Methodist University.
About Nicole Otto
Nicole Otto served as VP of Nike Direct North America from 2018 through May 2021. In this role, Ms. Otto oversaw Nike’s integrated physical and digital ecosystem to deliver seamless shopping journeys, online-to-offline services and experiences, and deep connections with Nike consumers throughout the United States and Canada. Throughout her career at Nike, Ms. Otto played a central role in building and leading high-performing teams and defining pinnacle mono-brand retail experiences. Before joining the North America team, Ms. Otto held several leadership roles at Nike within the digital business, both overseas and on Nike’s global team. These roles included serving as VP/GM of Digital Commerce in Europe, VP/GM of Nike.com Global Store, VP of Global Digital Commerce Operations, and VP of Consumer Digital Tech. Among many other tasks, Ms. Otto expanded consumer access to Nike.com to more than 51 countries. Ms. Otto began her career at Nike in 2005 after working in Information Technology at Charles Schwab in San Francisco.
She earned an MBA from St. Mary’s College of California and an undergraduate degree in finance from the University of Iowa.
About The Container Store
The Container Store Group, Inc. is the nation’s leading specialty retailer of storage and organization products and solutions, and custom closets – a concept they originated in 1978. Today, with locations nationwide, the retailer offers more than 11,000 products designed to help customers accomplish projects, maximize their space and make the most of their home. The Container Store also offers a full suite of custom closets designed to accommodate all sizes, styles, and budgets.
For more information: https://www.containerstore.com/
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