After six
months without a CEO, The Limited announced that Diane Ellis, the former Brooks
Bros. President and Chief Operating Officer will take over as CEO on August 26.
SBC’s Matt Wilson stated that Ellis has “a bulletproof resume and experience in
consumer products and specialty retail.” Wilson stated “She knows both sides of
the house from operations and finance to merchandise assortment and
marketing. She’ll work with a similar footprint with The Limited at 259
stores; Brooks Brothers has about 300 stores in the U.S. and internationally,
plus a vibrant online and catalogue business.” Ellis is joining the Limited
after they recently announced their plans for expansion in both traditional and
outlet stores.
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