Express Appoints Tyson Foods Executive as New CEO — Retail Bum

Fashion retailer Express has named Stewart Glendinning as its new chief executive officer (CEO), effective September 15, 2023.

Glendinning replaces Tim Baxter, who resigned after four years at the helm last week. He brings more than 20 years of experience in the consumer products industry, having last served as the group president of prepared foods at Tyson Foods, where he successfully led brands such as Jimmy Dean, Hillshire Farm, and Ball Park and drove them to strong volume performance. Glendinning also previously served as the chief financial officer of Tyson Foods, leading all aspects of financial planning, finance, and accounting functions. Prior to Tyson Foods, he served as the CEO of Molson Coors International.

“Express has an outstanding portfolio of brands, a high-potential partnership with WHP, and a premier omnichannel platform,” Glendinning said. “Through a keen focus on execution and cost discipline, I am confident that we can better capitalize on these differentiators, increase the company’s financial strength, and create shareholder value.”

Glendinning’s appointment comes less than a month after the company announced plans to cut 150 jobs by the end of the third quarter and a reverse stock split. It also revealed plans to cut $200 million in annual expenses over the next…