– USA, CA – Williams-Sonoma, Inc. (NYSE: WSM) announced today that Adrian Bellamy will retire as Chair of the Board of Directors, effective June 3, 2020, and that its Board has appointed Scott Dahnke to succeed him as the new Chair.
“We are pleased to welcome Scott to his new role as Chair. Since joining our Board, Scott has leveraged his deep expertise in the global consumer industry to provide valuable insights and perspective to our business strategy. His extensive experience in building brand equity for leading consumer companies will continue to play an important role in our company’s future growth and in creating long-term value for our shareholders.” said Laura Alber, President and CEO.
She added: “We would like to thank Adrian for his 23 years of service and contributions. His leadership, experience, and commitment over these years have been invaluable to our company, and more personally, I have benefited deeply from Adrian’s advice, guidance, and friendship. We wish him the very best in his retirement.”
Mr. Bellamy said, “It has been an immense honor to serve on the Board of Directors for more than two decades and as Chair for the past 10 years. I appreciate having had the opportunity to work with so many talented individuals at this company and I’m very proud of what we have accomplished together… The company is extremely fortunate to have Scott as its new Chair of the Board. Scott’s extensive experience in partnering with companies in the global retail industry is invaluable. During our time working together on the Board, I have seen the benefits of his consumer insights firsthand…”
About Scott Dahnke
Mr. Dahnke joined the Williams-Sonoma Board as a Director in April 2019. Mr. Dahnke has served as the Global co-CEO of L Catterton since 2003, including facilitating the formation of Catterton’s partnership with LVMH, the world leader in hand-crafted, high-quality brands, in 2016. During his time at L Catterton, Mr. Dahnke has played a key role in helping to build enduring and differentiated consumer brands that foster a deep connection with customers. Prior to L Catterton, he also served as Partner at McKinsey & Company, advising on an array of strategic and operational issues for clients in the consumer sector.
Mr. Dahnke said, “I am honored to succeed Adrian as Chair of the Board. During Adrian’s tenure, Williams-Sonoma has achieved significant profitable growth, evolved into a clear leader in the home furnishings industry, and become one of the largest online retailers in the United States. I look forward to continuing working with the rest of the Board, Laura, and her team as we continue delivering exceptional results for our shareholders.”
About Williams-Sonoma, Inc.
Williams-Sonoma, Inc. is a specialty retailer of high-quality products for the home. These products, representing distinct merchandise strategies — Williams Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, Pottery Barn Teen, Williams Sonoma Home, Rejuvenation, and Mark and Graham — are marketed through e-commerce websites, direct-mail catalogs and retail stores. These brands are also part of The Key Rewards, our free-to-join loyalty program that offers members exclusive benefits across the Williams-Sonoma family of brands. We operate in the U.S., Puerto Rico, Canada, Australia and the United Kingdom, offer international shipping to customers worldwide, and have unaffiliated franchisees that operate stores in the Middle East, the Philippines, Mexico and South Korea, as well as e-commerce websites in certain locations. In 2017, we acquired Outward, Inc., a 3-D imaging and augmented reality platform for the home furnishings and décor industry.
For more information: http://www.williams-sonomainc.com
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