Mark Tritton to launch new vision for retailer in 2020

UNION, N.J. — Bed Bath & Beyond Inc. said Tuesday that six top executives have left the company, as part of an extensive restructuring of its leadership team.

Those leaving the company include the chief merchandising officer, chief marketing officer, chief digital officer, chief legal officer and general counsel, and the chief administrative officer. The company’s chief brand officer resigned last week, the company said.

“This is the first in a number of important steps we’re taking,” said former Target Corp. executive Mark Tritton, who joined Bed Bath & Beyond as president and chief executive officer last month. “Balancing our existing expertise with fresh perspectives from new, innovative leaders of change, will help us to better anticipate and support our customers in their life journeys and shopping needs.”

Tritton will launch his new vision for the home goods retailer in early 2020, according to the company, which said in a statement that a new executive team will be charged with “streamlining decision-making, accelerating the pace of transformation, and re-establishing Bed Bath & Beyond’s authority in the home space through a more customer focused, omnichannel retail operation, a redefined product assortment, and a more convenient and inspirational shopping experience.”

The company has appointed interim leaders to the vacated positions and has commenced a search for permanent replacements for the merchandising, digital, and general counsel positions. The company is also seeking someone for a a newly combined chief marketing and brand officer position.