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Carter's Names Sharon Price John CEO, President

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Carter's (CRI) said Friday it appointed Sharon Price John as chief executive officer and president, starting June 15.

John succeeds Douglas Palladini, who has departed the company, Carter's said, adding that John will also join the board.

Chief Financial Officer and Chief Operating Officer Richard Westenberger has been named interim CEO and president until John assumes the roles, the company added.

John will join Carter's from Build-A-Bear Workshop (BBW), where she served as CEO and president for 13 years, Carter's said.

Price: $34.80, Change: $-1.31, Percent Change: -3.63%

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