Wayfair Announces Retirement of Ed Macri, Makes Marketing Organizational Changes
March 11 2021 - 4:30PM
Business Wire
Wayfair (NYSE: W), one of the world’s largest online
destinations for the home, today announced that Ed Macri, Chief
Product & Marketing Officer, will retire from the company in
2021.
Macri joined Wayfair in 2007. In a variety of roles of
increasing responsibility, he helped build Wayfair’s world-class
marketing organization, including a differentiated and proprietary
advertising technology stack, strong industry partnerships, and a
highly talented team. He will remain a part of the Wayfair
leadership team through June 30, 2021 as he supports the
transition.
The marketing team will join other go-to-market functions as
part of Wayfair’s Commercial organization under Steve Oblak, Chief
Commercial Officer. Bob Sherwin, who has worked alongside Macri for
the last eight years and currently serves as Vice President of
Marketing, will assume the role of Chief Marketing Officer
reporting to Oblak.
“Ed has been an exceptional leader at Wayfair, and partner to me
and Steve personally,” said Niraj Shah, CEO, co-founder and
co-chairman. “During his 14 years, Ed helped drive Wayfair’s
evolution from an e-commerce start-up to a leading global platform
with more than $14 billion in 2020 revenue. We are incredibly well
positioned thanks to Ed’s many contributions and his long term
succession plan, and we know he shares our enthusiasm about the
progress the marketing team will continue to make under Bob’s
leadership. We are grateful for his time at Wayfair, and wish Ed
the very best as he looks forward to more time spent on family and
personal endeavors.”
About Wayfair
Wayfair believes everyone should live in a home they love.
Through technology and innovation, Wayfair makes it possible for
shoppers to quickly and easily find exactly what they want from a
selection of more than 22 million items across home furnishings,
décor, home improvement, housewares and more. Committed to
delighting its customers every step of the way, Wayfair is
reinventing the way people shop for their homes – from product
discovery to final delivery.
The Wayfair family of sites includes:
- Wayfair - Everything home for every budget.
- Joss & Main - Stylish designs to discover daily.
- AllModern - The best of modern, priced for real life.
- Birch Lane - Classic home. Comfortable cost.
- Perigold - The widest-ever selection of luxury home
furnishings.
Wayfair generated $14.1 billion in net revenue for full year
2020. Headquartered in Boston, Massachusetts with operations
throughout North America and Europe, Wayfair employs more than
16,000 people.
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version on businesswire.com: https://www.businesswire.com/news/home/20210311005261/en/
Media relations: Jane Carpenter PR@Wayfair.com
Investor relations: Jane Gelfand IR@Wayfair.com
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