Retail

Dollar Tree

Discount variety chain Dollar Tree announced Rick Dreiling has stepped down as chief executive officer and chairman, citing health concerns. Chief operating officer Michael Creedon Jr. has been appointed interim CEO, while Edward “Ned” Kelly, lead independent director, has been elected chairman. The board is searching for a permanent CEO.

StockX

Sneaker-centric marketplace StockX announced Scott Cutler will step down as chief executive officer, effective Dec. 31. The board of directors named Greg Schwartz, the company’s co-founder, president and chief operating officer, as the next CEO of StockX, effective Jan. 1, 2025.

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Culter—one of the platform’s earliest investors who previously served as an advisor before becoming CEO in June 2019—will resume his role as advisor, working closely with Schwartz for the balance of the year to facilitate a smooth transition. As a co-founder, Schwartz has served as StockX’s COO since its inception. In this new role, he will continue to extend the company’s reach via brand growth, category diversification and market expansion.

Textiles

Intimiti Australia

Science-driven company Intimiti Australia has named Eric Yip as chief operations officer of its flagship brand, Celys compostable polyester. Yip joins the executive team with over 27 years of experience in the tech and innovation industries across general management, sales and marketing. He also brings a proven track record in driving success through cross-functional teams and delivering customer-centric solutions. This appointment underscores the organization’s efforts to scale. An expansion further into Europe and North America is also underway.

eVent Fabrics

Advanced performance textiles producer eVent Fabrics has named textile engineer Cathy Shao as its innovation director. In this newly created role, Shao will develop new next-generation fabric technologies while expanding and improving existing offerings. She has specialized in the research and development of textile fibers and yarns based on different polymers, including bio-based polymers and PA56.