US furnishings group Williams-Sonoma, Inc. has announced that Adrian Bellamy will retire as Chair of the Board of Directors, effective 3 June 2020.
The Board has appointed Scott Dahnke as his successor, while reflecting on Bellamy’s long career with the company, having joined the Board back in 1997.
Among his accomplishments, Mr. Bellamy oversaw the company’s recovery from the 2008 recession and the leadership transition from former CEO Howard Lester to current CEO Laura Alber.
During his time as Chair, Williams-Sonoma achieved significant revenue and EPS growth of nearly 70% and 150%, respectively, and expanded its international presence to more than 190 locations globally
“We would like to thank Adrian for his 23 years of service and contributions. His leadership, experience, and commitment over these years have been invaluable to our company, and more personally, I have benefited deeply from Adrian’s advice, guidance, and friendship. We wish him the very best in his retirement,” said Ms. Alber, President and Chief Executive Officer.
Mr. Bellamy said, “It has been an immense honor to serve on the Board of Directors for more than two decades and as Chair for the past 10 years. I appreciate having had the opportunity to work with so many talented individuals at this company and I’m very proud of what we have accomplished together.
“The company is extremely fortunate to have Scott as its new Chair of the Board. Scott’s extensive experience partnering with companies in the global retail industry is invaluable. During our time working together on the Board, I have seen the benefits of his consumer insights firsthand. I know that he will prove to be a great partner to Laura and her team, and that Williams-Sonoma will thrive under their leadership.”
Mr. Dahnke joined the Williams-Sonoma Board as a Director in April 2019 and said on the appointment: “I am honored to succeed Adrian as Chair of the Board. During Adrian’s tenure, Williams-Sonoma has achieved significant profitable growth, evolved into a clear leader in the home furnishings industry, and become one of the largest online retailers in the United States.
“I look forward to continue working with the rest of the Board, Laura, and her team as we continue delivering exceptional results for our shareholders.”