Bernhard Steps Down as CEO at HauteLook
October 4, 2013,
SEATTLE-Flash site retailer HauteLook's Adam Bernhard is stepping out of the CEO role and day-to-day operations. He will remain with HauteLook, which is owned by Nordstrom, in an advisory capacity as founder. No CEO will be appointed in Bernhard's place.
Terry Boyle will continue to lead the business as president of HauteLook, reporting to Jamie Nordstrom, president of Nordstrom Direct.
"Since Adam started this business in 2007, he has worked tirelessly to build a great team and bring a compelling shopping experience to his customers," said Nordstrom. "Even after selling the business to us, his commitment to scaling the business and bringing it to profitability never wavered. Adam and his team have more than held up their end of the bargain, and we are thrilled to be in a position where he can pass the reins to Terry and focus on some new opportunities for us.
"HauteLook is performing well--the business is growing, it's profitable, and Adam has built a strong team," Nordstrom continued. "While we're sad to see Adam step out of this role, we look forward to continuing to collaborate with him as we move forward and develop additional capabilities to better serve customers."
Bernhard added, "It has been an unbelievable journey to grow HauteLook from a four-person startup into the thriving division of Nordstrom that it is today. Although I'm eager for the new opportunities to come, HauteLook will always be my pride and joy."
Other Articles By Author
Patti Carpenter Talks Color and its Importance in the Home
HFN's DIGITAL EDITION
COVER STORY: Sharpening the Focus on Millennials
Find out what makes Millennials tick when it comes to home decorating, shopping and at-home entertaining with HFN's annual consumer study. Turns out, Millennials favor the in-store shopping experience.
ALSO IN THIS ISSUE:
- Power of the People - Crowdfunding campaigns provide needed capital, feedback for home and housewares product launches.
- Omnichannel Retailing: Visual Search Takes Off - Learn how voice and visual search are revolutionizing product discovery.