FTD announces executive leadership changes, appointments
FTD announces executive leadership changes, appointments
FTD Cos. Inc., a floral and gift company, announced in a news release dated Nov. 4 that Christopher W. Shean, one of the company’s directors since December 2014, has been appointed interim president and chief executive officer, effective immediately. Shean succeeds Robert S. Apatoff, who has stepped down from these positions and from FTD’s board of directors. Apatoff will continue in a transitional advisory role to the company through Dec. 31, 2016.
“I believe that FTD has tremendous opportunities to aggressively pursue growth initiatives,” said Shean in the release. “We have a talented management team, world class brands, and now that we have nearly finalized the integration of Provide Commerce, we have a strong foundation from which to build.” In conjunction with this leadership change, FTD has also created an Office of the Chief Executive Officer comprised of Becky A. Sheehan, executive vice president and chief financial officer, Helen Quinn, executive vice president, U.S. Consumer Floral, and Scott D. Levin, executive vice president, general counsel and secretary, all of whom will report directly to Shean.
The board will conduct a formal executive search for the position of chief executive officer. “FTD is poised for future success and we have tremendous confidence in the leadership team to execute on our strategic growth initiatives which we believe will enhance value for our stockholders,” said Robert Berglass, chairman of FTD’s board of directors, in the release.
“On behalf of our employees and the board, we would like to thank Rob for his commitment to FTD and numerous contributions over the last eight years, particularly through the spin-off from United Online and the acquisition of Provide Commerce. We wish him well in his future endeavors. Chris is a strong executive and proven leader with significant e-commerce industry experience. He has the board’s full support to lead the company as we transition into our next phase of growth.”