Stitch Fix CEO is stepping down and its also cutting 20% of salaried workers
As part of this "ambitious transformation," the board and Spaulding jointly decided that she will step down. Stitch Fix founder and former CEO Katrina Lake will serve in an interim capacity until a successor is appointed.
Elizabeth Spaulding, chief executive officer of Stitch Fix, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, May 2, 2022.occurring nationwide including at the soon-to-be shuttered Salt Lake City distribution center.
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