Exclusive: J. Crew Names New CEO, Replacing Mickey Drexler
Drexler's successor will take on the role in July.
J. Crew Group has named a new chief executive officer to succeed Millard “Mickey” Drexler, who will remain chairman.
WWD can exclusively report that James Brett, currently president of West Elm, the home furnishings division of Williams Sonoma, will succeed the legendary merchant-turned-executive. This announcement confirms a WWD report last December that a search for a successor was in the works. Drexler’s departure as ceo comes two months after company president and creative director, Jenna Lyons exited the company.
“Jim has a proven track record of pushing for innovation and growing omnichannel brands. He has 25 years of retail experience, not that experience is the issue,” Drexler told WWD in an exclusive interview on Monday. “He has had various leadership positions at Urban Outfitters, Anthropologie, J.C. Penney — there’s a proven track record there. You meet a lot of people during this [succession] process who might have impressive résumés but really haven’t had a chance to build a business. Jim has had a chance to build a business. He’s a merchant. A brand guy. He likes design, and he is a customer person. Those are the four critical elements that go into making a strong leader.”
More: A Study in Style: J.Crew, The Jenna Lyons’ Years
Brett will begin in his new role in mid-July, when Drexler officially steps down as ceo. Brett will report to the board of directors and run the company. He will also join the board.