Nordstrom Brothers Named Co-Presidents

Nordstrom Inc. (Seattle) has announced brothers Blake Nordstrom, Pete Nordstrom and Erik Nordstrom as co-presidents of the retail corporation.

According to Women’s Wear Daily, the company’s chair, Enrique Hernandez Jr., said, “It’s a title change more than a promotion. Their roles and responsibilities, as well as their compensation, will remain as they have been.”

Notably, the company does not have a ceo, so the brothers will be reporting to the board, rather than to each other. They all serve on the board of directors.