Companies

Shoe Carnival announces CEO transition

Feb 27, 2026 United States

As Mark Worden leaves the company, Cliff Sifford, Shoe Carnival’s current Vice Chairman of the Board, will once again take on the role of President and Chief Executive on an interim basis

Shoe Carnival has announced Mark Worden’s departure from his position as President and Chief Executive Officer of the company, as well as his resignation from the Board of Directors. While a permanent successor is being sought, Cliff Sifford, the company’s current Vice Chairman of the Board, will take on those roles on an interim basis.

Sifford joined the footwear retailer in 1997 and served as President and Chief Executive Officer from October 2012 to September 2019, and as Vice Chairman of the Board and Chief Executive Officer from September 2019 until September 2021.

“We’re grateful for Mark’s many contributions throughout his career at Shoe Carnival and wish him all the best,” said Charlie Tomm, Lead Independent Director on the Company’s Board of Directors. “As we look to the next chapter in Shoe Carnival’s transformation and growth, we’re excited to welcome Cliff back to the CEO role”.

Lead added: “The Board believes that Cliff’s proven leadership, coupled with his years of experience with Shoe Carnival and his vast knowledge of the business, make him the right person to lead Shoe Carnival as we execute our strategic plan”.

The US-based retailer also reported that it expects sales of 1.135 billion US dollars for the full year of 2025, with diluted earnings per share of 1.90 US dollars. This is 0.03 US dollars higher than consensus expectations.

This was also the 21^st consecutive year that the company has closed the year debt-free, funding its operations and rebranding strategy entirely with existing cash resources.

Image Credits: vmsd.com

United States Companies Footwear Management Results Shoe Carnival Year Results