Nordstrom Inc. Names Brad Smith to Be Chairman of the Board
30 August 2018 - 3:10AM
Dow Jones News
By Colin Kellaher
Nordstrom Inc. (JWN) on Wednesday said it named Brad Smith
chairman of the board, effective Nov. 1.
The Seattle fashion retailer said Phil Satre, who has been
chairman since 2016, will remain on the board.
Mr. Smith, who joined Nordstrom's board in 2013, last week
announced plans to step down as chief executive of TurboTax and
QuickBooks maker Intuit Inc. (INTU) and become executive chairman
at the end of the year.
Nordstrom earlier in August reported strong second-quarter
results and last week announced a $1.5 billion share-repurchase
program.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
August 29, 2018 12:55 ET (16:55 GMT)
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