Caleres Names Michael Edwards President of Famous Footwear, Positioning the Company’s Largest Brand for Further Growth & Su...
November 11 2020 - 4:30PM
Business Wire
Caleres (NYSE: CAL) today named Michael Edwards president of
Famous Footwear, effective November 20, 2020.
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Mike Edwards, President of Famous
Footwear (Photo: Business Wire)
Edwards joined Caleres in 2008, most recently serving as senior
vice president of digital commerce, planning, allocation and
stores. Prior to that he has held roles of increasing
responsibility in Famous Footwear including time as chief customer
officer, senior vice president of merchandise planning and
analytics and vice president, sales and store operations. With his
breadth of experience and deep knowledge base in all areas of the
business from strategy to stores, Edwards is uniquely positioned to
lead Caleres’ largest brand. Most recently, he was instrumental in
navigating the business through the economic shutdown, during which
he played a critical role in reopening and operating the stores
post-COVID and pivoting Famous Footwear to successfully meet the
evolving needs of its customer base including leading the brand’s
digital growth initiatives, implementation of QuadPay, the rollout
of curbside service at more than 600 Famous Footwear stores and the
coordination of increased store fulfillment activities.
Edwards will replace Molly Adams, who resigned her position,
effective November 20, 2020, to pursue an opportunity outside the
organization.
“Mike is a capable and successful leader who has seen the
business through every lens,” said Diane Sullivan, Chairman,
President and Chief Executive Officer. “I am confident he will use
his institutional knowledge and his extensive digital commerce,
operating, product and marketing experience to further the positive
momentum within our largest brand. His deep understanding of the
Famous customer and strong leadership abilities will be essential
as we remain focused on growing sales and profit, executing on
consumer strategies and delivering the Famous vision. We want to be
the first and only choice for family footwear. The board and senior
executive team look forward to working closely with Mike to make
that happen. We thank Molly for her contributions over the last two
years and we wish her all the best in her future endeavors.”
“I have a true passion for this business, the utmost confidence
in the Famous go-forward strategy, and I am honored to lead this
significant part of the Caleres portfolio,” said Edwards. “Famous
Footwear is expertly positioned to excel in any market environment
through our ability to offer the national brands she wants, when
and where she wants to shop – online and in store. Athletic and
sport-inspired styles, our sweet spot, are exactly what the
customer is looking for in this environment. We have the right team
and tools in place to leverage what we’ve learned, build upon our
successes, advance our goals and deliver value to all of our
stakeholders.”
Biographical Information:
Mike Edwards is a 12-year Caleres and Famous Footwear veteran.
For the last year, he has served as senior vice president, digital
commerce, planning, allocation and stores, working closely and
collaboratively with the Famous team to craft the strategic growth
vision for Famous. Edwards joined Caleres in June 2008 as the
director of merchandising, systems and operations and had served in
numerous roles of increasing responsibility during his tenure –
including Chief Customer Officer for Famous Footwear. Prior to
joining Caleres, Edwards served in a variety of operational,
merchandising and financial roles at the May Company and served as
an account executive at Laclede Steel Company. Edwards and his wife
Jodi live in St. Louis.
About Caleres
Caleres is the home of today’s most coveted footwear brands and
represents a diverse portfolio spanning all of life’s styles and
experiences. Every shoe tells a story and Caleres has the perfect
fit for every one of them. Our collections have been developed and
acquired to meet the evolving needs of today’s assorted and growing
global audiences, with consumer insights driving every aspect of
the innovation, design, and craft that go into our distinctly
positioned brands, including Famous Footwear, Sam Edelman,
Naturalizer, Allen Edmonds, Vionic, Dr. Scholl’s Shoes, and more.
The Caleres story is most simply defined by the company’s mission:
Inspire people to feel great…feet first.
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version on businesswire.com: https://www.businesswire.com/news/home/20201111005732/en/
Investor Contact: Logan Bonacorsi lbonacorsi@caleres.com
Media Contact: Kelly Malone kmalone@caleres.com
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