Lazada appoints new Group CEO Alibaba’s Southeast Asian e-commerce arm, Lazada, has named James Dong as its new group CEO as competition in the region’s Shopee-dominated market steps up. In his new role, Dong will oversee Lazada’s expansion into Europe. The 42-year-old CEO will succeed Chun Li, who will continue to serve as adviser to the group’s chairperson, Jiang Fan, and as a member of Lazada’s board of directors. Formerly with McKinsey & Co, Dong was head of globali
f globalisation strategy and corporate development at Alibaba Group before joining Lazada as CEO of Lazada Thailand and Vietnam in 2018.
He has subsequently handed up leadership of the Vietnam unit to Kaya Qin, who has been chief operating officer of Lazada Vietnam since 2018.
Sephora CEO and president Martin Brok exits company
According to an article from WWD, Sephora CEO and president Martin Brok is departing the beauty retail giant after less than two years. He will be replaced by his predecessor, Chris de Lapuente, chairman and CEO of the selective retailing division at parent company LVMH.
Brok has 30 years of experience in the retail industry. He was previously president of EMEA at Starbucks and spent eight years at Nike, where he was vice president of global product and merchandising operations and analytics.
Peloton CFO exits months after CEO
Peloton CFO Jill Woodworth is stepping down after four years at the fitness and technology company.
Woodworth will remain at the company on an interim basis until Peloton’s FY22 results are finalised, and will be replaced by Liz Coddington, who formerly held finance roles at Amazon Web Services and Walmart, and worked with Peloton’s new CEO Barry McCarthy at Netflix.
Woodworth’s exit comes just months after co-founder and former CEO John Foley stepped down, and 2800 jobs across the business were slashed.
“Liz is a deeply educated finance executive and will be an invaluable addition to Peloton’s leadership team,” McCarthy said in a statement.
“Having worked at some of the strongest and most recognisable technology brands, she not only brings the expertise needed to run our finance organisation, but she has a critical understanding of what it takes to drive growth and operational excellence.
“I have seen her intellect, abilities and leadership firsthand and am excited to work closely with her as we execute the next phase of Peloton’s journey.”
Culture Kings continues US expansion, appoints president
Australian fashion brand Culture Kings has appointed Jonathan Yuska as president of its US division.
Yuska has held leadership roles at Adidas, Reebok and Fila, and brokered merchandising deals with the NBA, NFL, NHL and other leagues.
“Culture Kings is a leading streetwear lifestyle brand that uniquely blends sports, music and fashion unlike anything else,” Yuska said. “I’m confident that the brand has a tremendous runway of growth ahead in the US market [and] I look forward to building Culture Kings’ presence in the US, beginning with the launch of our first flagship store in Las Vegas at the end of the year.”
Culture Kings co-founder and chief executive Simon Beard welcomed Yuska’s more than 20 years of experience, and said he will be an “invaluable” asset to the brand’s growth in the US.
