Genesco announces retirement of Chief Strategy and Digital Officer

The US-based footwear retailer has announced the retirement of Parag D. Desai, Senior Vice President and Chief Strategy and Digital Officer, after more than a decade with the company
Parag D. Desai, who has been Senior Vice President and Chief Strategy and Digital Officer at Genesco since April 2021, will retire on the 31st of October. He first joined Genesco in 2014 as Senior Vice President of Strategy and Shared Services. His responsibilities will be taken over by other experienced members of the company’s senior leadership team.
According to the company, over the past decade Desai has made “significant contributions” to shaping Genesco’s strategic direction, playing a pivotal role in many important initiatives. These include transforming technology platforms and data insights capabilities and helping to establish a next-generation technology operating model.
“Parag has been an exceptional leader, trusted advisor and valued member of our executive team. His remarkable ability to connect strategy with execution and people across functional areas has helped shape Genesco’s evolution over the past decade”, said Mimi E. Vaughn, Genesco’s Board Chair, President and Chief Executive Officer. “We are grateful for his outstanding leadership and commitment to ensuring a thoughtful transition”.
Desai said: “It has been a privilege to work alongside the talented people of Genesco during a period of tremendous transformation”. “Together, we strengthened the Company’s strategic foundation and built capabilities that position Genesco well for the future (…). I leave with deep confidence in the team, the strategy, and the opportunities ahead, and I look forward to watching Genesco continue building on this momentum.”
Image Credits: prnewswire.com















