Wolverine World Wide has appointed Chris Hufnagel, Joelle Grunberg and Tom Kennedy to the company’s Executive Leadership Team. Each will now be responsible for multiple brands within the portfolio and report directly to Blake W. Krueger, Wolverine’s chairman, CEO and president.
“During this unprecedented period of economic disruption we are making important changes to our leadership team and organizational structure to make the company more nimble and better positioned to seize the opportunities that lie ahead,” states Krueger. “This new structure will accelerate our biggest growth initiatives and strengthen our focus on DTC opportunities. We will also realize meaningful cost savings under the new structure.”
“I am proud of how our team members have stepped up and taken quick action to protect and enhance the power of our brands and the financial integrity of our business,” Krueger adds. “We have a strong portfolio and diversified global distribution network. Many of our brands are resonating with consumers in this current environment, and I believe these changes will make us stronger as we emerge from this crisis.”
As part of these leadership appointments and organizational changes, Todd Spaletto will be departing the company and his role as President of the Michigan Group will not be filled. “The Michigan Group made significant accomplishments under Todd’s leadership, and we want to thank him for his great work and wish him only the very best,” Krueger says.
Bake Krueger, CEO, Wolverine Worldwide