Bopp Out at Crate and Barrel
NORTHBROOK, Ill.-Sascha Bopp has resigned as CEO of Crate and Barrel.
Adrian Mitchell, chief operating officer and chief financial officer, has assumed interim leadership of the specialty retailer. A search has already begun for a permanent CEO, according to a Crate and Barrel statement.
Bopp joined Crate and Barrel in 2009 as chief operating officer. He became CEO in 2012 on the retirement of Barbara Turf, who had been president and CEO. Prior to his Crate and Barrel career, Bopp had served in a number of executive positions with Primondo, a Germany-based multichannel retailer.
Mitchell joined Crate and Barrel in 2010 as chief financial officer, and was named chief operating officer in February of this year. Prior to coming to Crate and Barrel, he served in several executive positions for Target, including director of strategy and interactive design and director of innovation and productivity.
Hans-Otto Schrader, CEO of Crate and Barrel parent Otto Group, said, "For more than 50 years, Crate and Barrel has been a trusted home furnishings brand for customers around the globe. We remain focused on Crate and Barrel's core strengths of great design, value and customer service, and are confident in the executive team's ability to lead us into the future."