The appointment marks a swift ascent for David Rowland, who first joined the company’s board in 2023. Rowland brings extensive executive experience to the role, having previously served as the executive chair of Accenture. His background in global professional services is expected to provide strategic depth as the retailer manages shifting consumer demand and operational pressures.

Leadership Continuity and Succession

Rowland succeeds Michael Calbert, who has led the board during a pivotal period for the company. According to a statement from the retailer, Calbert will not leave the organization entirely; he is set to remain on the board as an independent director. This move allows the company to retain Calbert’s institutional knowledge while transitioning to new leadership.

In addition to the chair succession, the company disclosed further long-term changes to its board composition:

• Rowland officially assumes his new duties on Feb. 4.
• Calbert transitions to an independent director role immediately following the handover.
• Director Warren Bryant will retire from the board when his term expires at the 2026 annual meeting of shareholders.