Jeff Bezos to step down as Amazon CEO. The executive will hand over the reins to Andy Jassy, currently head of the company’s cloud computing unit, Amazon Web Services, in the third quarter. Bezos will take on the role of executive chairman of the e-commerce company, which has become a powerful force in fashion.
Everlane adds Natalie Massenet to its board, appoints first CMO. Massenet founded Net-a-Porter and co-founded venture capital firm Imaginary Ventures. Former Nike executive Sophie Bambuck has also joined as the company’s first chief marketing officer. She most recently served as global vice president of brand marketing for Nike Sportswear.
Stefan Larsson takes the reins at PVH. He succeeds long-time chief executive Emanuel Chirico in a move first announced in September.
L Brands names new CEO at Victoria’s Secret. Martin Waters, who currently leads the brand’s lingerie division, has been promoted to CEO of the business as a whole, effective immediately. He will take over from interim CEO and L Brand chief financial officer Stuart Burgdoerfer, who is retiring. Burgdoerfer will remain in his position as CFO until August.
Stuart Haselden named CEO of Arc’teryx. Haselden was previously chief executive of luggage brand Away. Before that, he served as COO and CFO at Lululemon; CFO, treasurer, and senior vice president at J.Crew, and took on a number of roles, including vice president of strategic planning at Saks.
Former Vogue editor Angelica Cheung joins Sequoia Capital China. The Vogue China founding editor announced her new role as a venture partner at the investment firm on social media, after saying she would leave the publication in November. Cheung said her focus will remain on fashion, lifestyle and entertainment, “but with a much wider scope.” Her replacement at Vogue China has yet to be named.
Ksenia Solovieva named editor in chief of Vogue Russia. Solovieva joins Vogue from Tatler Russia, where she started as a beauty director in 2007 and became editor in chief in 2010. She succeeds Masha Fedorova, who is stepping down after 20 years with Condé Nast.