Coldwater Creek CEO Dennis C. Pence to retire, Jill Brown Dean new chief executive
Coldwater Creek, a specialty retailer, announced that its co-founder, chairman, and chief executive officer Dennis C. Pence will retire as CEO, effective December 31, 2012.
Mr. Pence will remain as a Director and continue to serve as Chairman of the Board until January 1, 2014. He co-founded Coldwater Creek in 1984 as a catalog company, serving as Chief Executive Officer from 1984 through December 2000 and then again from September 2002 until October 2007.
Mr. Pence reassumed the duties of President and Chief Executive Officer in September 2009. Prior to co-founding Coldwater Creek, Mr. Pence was employed by Sony Corp. of America, a subsidiary of Sony Corporation where his final position was National Marketing Manager - Consumer Video Products.
The company also announced that it has appointed the its president and chief merchandising officer Jill Brown Dean as president and chief executive officer.
Ms. Dean joined Coldwater Creek in February last year as President and Chief Merchandising Officer. he has more than 25 years of retail and merchandising experience in the specialty retail sector. Prior to joining Coldwater Creek, she served as President of the Limited Too division of Tween Brands. Prior to Tween Brands, she spent 18 years in various merchandising leadership roles with Limited Brands including serving as the President and CEO of the Lane Bryant division. She has been appointed to serve on the Board of Directors, effective January 1, 2013.
Coldwater Creek also announced that Michele Donnan Martin would join the Company as Senior Vice President, General Merchandise Manager.
Ms. Donnan brings more than 25 years of specialty retail merchandising and design experience to Coldwater Creek. Prior to joining the Company, she was the Brand President, Retail and Direct at Delia's. She has also held various merchandising leadership positions at American Eagle, Williams Sonoma, Abercrombie & Fitch, J. Crew and Macy's. ■