MANG NAMED CEO AT GALYAN’S
NEW YORK — Robert B. Mang has been named chief executive officer and chairman of Galyan’s Trading Co.
A spokeswoman for the Plainfield, Ind.-based company said that the ceo spot is a newly created position and that Mang began his duties on Wednesday. According to the company, Mang will directly oversee the merchandising and marketing functions of Galyan’s.
Norman Matthews, who is chairman of the board, will remain with the company in that post. Joel Silverman will continue as president and chief operating officer, overseeing the operations and finance functions of the company.
Prior to joining Galyan’s, Mang was the ceo of Monet, president and ceo of the Broadway Southwest division of Carter Hawley Hale Stores, president and ceo of Federated’s Seattle-based Bon Marche division, chairman and ceo of Woodward and Lothrop and vice chairman of the DFS Group. He will relocate from San Francisco to the Indianapolis area as soon as possible.
Matthews said Thursday in a statement, “As we continue to grow to a billion dollar business and beyond, we believe that the tandem management structure, a partnership that allows Bob Mang to fully focus on merchandising and marketing strategies, and Joel Silverman to focus on the increasingly complex operational challenges, is the best way for Galyan’s to maximize its growth and profitability.”
In 1999, The Limited sold its 60 percent interest in Galyan’s to Freeman Spogli & Co., a private investment firm that invests in retail and other sectors. Freeman once owned a majority stake in Brylane, Limited’s former catalog operation that is now owned by Pinault-Printemps-Redoute, the French retail and distribution group.
Mang resigned from Monet a few weeks before it filed a Chapter 11 bankruptcy petition in May. In July, a bankruptcy court approved Monet’s sale to Liz Claiborne.
Galyan’s operates 21 superstores in 10 different markets, including a number outside its Midwestern base.