Business
Roots Appoints Meghan Roach as Interim Chief Executive Officer
Roots Appoints Meghan Roach as Interim Chief Executive Officer Canada NewsWire T...
About this update from Roots Corp.
[{"type":"text","content":"\n\n\n\nRoots Appoints Meghan Roach as Interim Chief Executive Officer\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Jan. 3, 2020\n\n\n\nTORONTO, Jan. 3, 2020 /CNW/ - Roots (\"Roots,\" \"Roots Canada\") (TSX: ROOT), a premium outdoor lifestyle brand, today announced that its Board of Directors has appointed Meghan Roach as Interim Chief Executive Officer, effective immediately. \nSince August 2019, Ms. Roach has served as Interim Chief Financial Officer of Roots. She is an accomplished corporate executive, and, since joining Roots, has been an integral part of the executive team. She also served on the Roots Board of Directors from 2015 to 2017. Ms. Roach replaces Jim Gabel who has left the Company, effective immediately. \n\"Meghan is a talented and experienced executive, and throughout her career she has delivered meaningful operational results and strategic insights,\" said Erol Uzumeri, Chair of Roots Board of Directors. \"Since joining Roots, she has played a key role in driving major operational initiatives, drawing on her experience with prominent global brands. The Board believes that Roots requires renewed leadership to carry the company into its next phase – executing on profitable growth opportunities while enhancing operational efficiency. As the CEO search process takes place, the Board of Directors is confident that Meghan will be a capable and impactful steward of the company, and will provide decisive leadership along with incoming Chief Financial Officer, Mona Kennedy, and the rest of the executive team.\" \n\"On behalf of the Board of Directors, I would like to thank Jim for his many contributions to Roots and wish him well in his future endeavours,\" added Mr. Uzumeri.\nThe Board of Directors has engaged a leading international search firm to undertake a process to identify a permanent Chief Executive Officer for the company. \nMs. Roach joins Roots from Searchlight Capital Partners, Roots largest shareholder. Prior to Searchlight, Ms. Roach was a member of the private equity investment team at the Ontario Teac...