The new agreement provides for Rentler to continue as CEO through January 31, 2026. By that date, the board expects to have selected her successor, and Rentler will become a senior advisor through the end of March 2027, the company said in a media release.

In commenting on behalf of the board, George Orban, chairman said, “Barbara Rentler is an outstanding executive and gifted merchant who has made significant contributions to our company’s growth and success since joining Ross in 1986. As CEO, she has provided the vision and leadership to navigate the company successfully through both favourable and more challenging external landscapes with a focus on maximising our opportunities for growth and profitability. This long-term succession plan will enable us to continue to benefit from Barbara’s more than three decades of leadership at Ross, while supporting a smooth transition to a new CEO.”

Rentler commented, “Serving as CEO and leading the incredibly talented and committed teams we have throughout the business has been, and continues to be, a great privilege. I look forward to our continued success.”

Fibre2Fashion News Desk (KD)