Headlines

Another Nordstrom In At Nordstrom

Peter becomes president of full-line stores; Wilkstrom, CIO Lennon resign

Published

24 years ago

September 12, 2000

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In another executive move involving the Nordstrom family, Peter Nordstrom was appointed president of the Seattle-based retail organization's full-line stores, replacing Marty Wilkstrom, who resigned after declining another post in the full-line store division. Peter Nordstrom most recently served as executive VP of merchandising and strategy in the full-line store group. At about the same time, Richard Lennon resigned as CIO of Nordstrom Inc.

Just a week and a half ago John Whitacre, the first non-Nordstrom to lead the organization in its 100-year history, resigned as chairman and ceo. He was replaced by Blake Nordstrom as president and Bruce Nordstrom as chairman of the board. The retailer has been suffering declining sales and profits, including two weak quarters earlier this year.

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