Nike executive named incoming REI CEO
- Rei CEO Eric Artz will retire in March, with Mary Beth Laughton named as his successor.
- Mary Beth Laughton will assume the role of President on February 3 and become CEO on March 31.
- Artz served 12 years at Rei, including six as CEO, and highlighted the importance of the outdoors in his farewell.
- Rei plans to open six new stores this year and aims for breakeven operating profit, reflecting positive momentum in the business.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left3Leaning Right1Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 33%
C 56%
11%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage