CFO Richard Westenberger to assume COO role

  • Carter’s operating chief Brian Lynch to retire on March 1
  • Chief Financial Officer Richard Westenberger to assume COO responsibilities
  • Westenberger to also oversee supply chain operations
  • Lynch joined Carter’s in 2005 and held various positions before becoming COO
  • Lynch will consult with the company during the transition period
  • Chief Merchandising Officer Kendra Krugman to become chief creative and growth officer

Carter’s operating chief Brian Lynch will retire effective March 1. Chief Financial Officer Richard Westenberger will take over the responsibilities of COO, including overseeing the company’s supply chain operations. Lynch, who joined Carter’s in 2005, held various positions before becoming COO in 2022. He will continue to support the company during the transition period. Additionally, Chief Merchandising Officer Kendra Krugman will assume the role of chief creative and growth officer.

Public Companies: Carter’s (Unknown)
Private Companies:
Key People: Brian Lynch (Operating Chief), Richard Westenberger (Chief Financial Officer), Kendra Krugman (Chief Creative and Growth Officer)

Factuality Level: 8
Justification: The article provides factual information about the retirement of Carter’s operating chief Brian Lynch and the appointment of Richard Westenberger as the new COO. It also mentions the transition period and the promotion of Kendra Krugman. The information is straightforward and does not contain any obvious bias or opinion.

Noise Level: 3
Justification: The article provides straightforward information about the retirement of Carter’s operating chief Brian Lynch and the appointment of Richard Westenberger as the new COO. It also mentions the promotion of Kendra Krugman to chief creative and growth officer. The article stays on topic and does not dive into unrelated territories. However, it lacks in-depth analysis, evidence, or actionable insights, resulting in a lower overall noise level rating.

Financial Relevance: No
Financial Markets Impacted: No

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: This news article does not pertain to financial topics and does not describe any extreme events.

Reported publicly: www.marketwatch.com