MANUFACTURING
Kellwood Names New CEO
Kellwood Holding, LLC, which runs a family of fashion brands, including XOXO and Democracy, is hitting the books.
On Jan. 19, the New York–headquartered Kellwood announced that Joseph Lombardi, the former chief financial officer of Barnes & Noble, a major bookseller, was named the fashion company’s chief executive officer. Lombardi will assume his responsibilities helming Kellwood immediately.
In 2013, Lombardi joined Kellwood as its CFO. Lombardi succeeds Lynn Shanahan, who resigned from Kellwood to join C2 Group, according to a Kellwood statement. Shanahan had served Kellwood since July 2013.
Mark Brody, the board director for Kellwood, said that Lombardi will steer the fashion company on a course for growth.
“He brings a wealth of leadership and industry experience to the table along with financial acumen. These skills will be invaluable as the company continues to build on its strong foundation for growth,” Brody said.
At Barnes & Noble, Lombardi led a variety of initiatives, including key mergers, acquisitions and spin-offs as well as increasing cash flow, according to a Kellwood statement.
