#United States #Irving #Michaels Companies #David Boone #Creative Retail

Michaels Appoints David Boone as New CEO

The Michaels Companies, Inc. has recently made significant strides in its leadership with the announcement of David Boone as the new Chief Executive Officer, effective February 28, 2025. This move is seen as pivotal for Michaels, a well-known name in the creative retail industry, as it enters a new phase filled with opportunities and growth.

Chairman of the Board of Directors, Andrew Jhawar, expressed enthusiasm over Boone's appointment, highlighting his proven track record in business leadership and his strategic vision. "David is a proven business leader with the strategic vision, customer focus and vast retail experience to continue to drive Michaels forward," Jhawar stated.

David Boone, who previously served as the interim CEO of Essendant, brings a wealth of experience to Michaels. His impressive resume includes a six-year tenure as CEO of Staples Canada, where he orchestrated a major transformation in the company. Boone was instrumental in redefining the retail experience, broadening the merchandise selection, and enhancing B2B services through strategic acquisitions and partnerships. He also held various leadership positions at TD Bank USA, focusing on financial services growth among major retailers in the U.S., and spent 16 years at Loblaw Companies — Canada's largest retailer — leading their National Wholesale Club Division and contributing to merchandising strategy and category management.

Upon his appointment, Boone expressed excitement about joining Michaels, stating, "I am honored to join Michaels, an iconic retailer and the leading creative destination for millions of customers across North America. I am excited about the tremendous opportunity to continue to build on the momentum to drive long-term growth and deliver a best-in-class customer experience."

Michaels, headquartered in Irving, Texas, has long been a favorite destination for creative enthusiasts, operating over 1,300 stores across 49 states in the U.S. and Canada, along with online platforms. The company aims to nourish creativity and offers a variety of products and services tailored for craft lovers. With Boone at the helm, Michaels is poised to enhance the customer experience even further while navigating through the ever-evolving retail landscape. Boone holds a Bachelor of Commerce from McMaster University and an MBA from Kellogg School of Management (Northwestern) and Schulich School of Business (York University).

As Michaels embarks on this new journey under Boone's leadership, both employees and customers alike are optimistic about the potential for innovation and revitalization in the shopping experience. The company not only aims to uphold its legacy but also to expand its reach in the creative industry, solidifying its position as a go-to destination for all things creative.

For more information on Michaels Companies and their offerings, customers can visit their website at michaels.com, which provides comprehensive details on products, services, and upcoming initiatives. With the retail landscape continuously shifting, Boone's appointment signifies a renewed commitment to adapt and thrive in the face of change, ensuring that Michaels remains a leader in creative retail.