Grove Collaborative Co-Founder Steps Down as CEO — Retail Bum

Grove Collaborative’s co-founder, Stuart Landesberg, has stepped down as the chief executive officer (CEO), effective Wednesday, August 16, 2023.

Going forward, Landesberg will serve as the executive chairman of the household and personal care company’s board, overseeing strategy, corporate development, and capital markets.

In place of Landesberg’s position, the company has appointed the former chief executive of Shopbop and Zulily Jeff Yurcisin as its new CEO.

The change in leadership is part of the company’s effort to align its trajectory with its growth and market expansion initiatives.

“Over the last decade, we have built and scaled a market-leading brand in zero plastic and zero plastic waste, a breakthrough for the category, and helped millions of families live healthier and more sustainable lives,” Landesberg said. “I could not be more excited to welcome Jeff, an experienced, brilliant and customer-centric leader, to Grove and as Grove’s next CEO. He will be terrific at the helm as Grove continues to push towards greater sustainable growth and impact.”

Yurcisin’s appointment comes at a time when the company is experiencing mounting losses amidst a sales slowdown. Earlier this week, the company reported a 16.6% year-over-year decline…