1. The Michaels Companies Appoints Ashley Buchanan as New CEO

    The Michaels Companies Appoints Ashley Buchanan as New CEO

    The Michaels Companies, Inc. (NASDAQ: MIK) today announced that Ashley Buchanan, an experienced retail executive from Walmart, has been named President and Chief Executive Officer Designate and appointed to the Company’s Board of Directors, effective January 6, 2020...

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    1. It has been an honor to lead Michaels and to help the company clearly define its core customer and develop a strategy centered on the Makers.
    2. Ashley is a world-class executive who has demonstrated the ability to redefine customer experiences and drive growth at the world's largest retailer, and we are confident that he will be successful in leading Michaels forward.
    3. Michaels is an iconic brand, and I am excited about the tremendous opportunity we have in front of us to reimagine and redefine the experience of our Makers.
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