Chico's CEO Dyer to Step Down

Chico's CEO David Dyer, who laid "the foundation for global expansion," will retire next spring, the company announced.

Dyer will remain in his current role until a successor is appointed, and will remain on the board in the newly created role of vice chairman until June 2016. The women’s specialty apparel retailer has retained executive search firm Herbert Mines Associates to assist in finding a new chief executive.

“From the moment he took the reins in early 2009, he led significant and positive changes on all fronts: merchandise, marketing, and technology, while also accelerating our push into omnichannel and laying the foundation for global expansion,” said Ross Roeder, non-executive chairman of Chico’s. “We thank him for his strong commitment to driving results and further enhancing our unique corporate culture, which emphasizes service as a key competitive differentiator."