Warby Parker taps Macy’s vet as CFO

Core Insights - Warby Parker has appointed Adrian Mitchell as its new Chief Financial Officer, succeeding Steve Miller who stepped down after nearly 15 years [3][7] - Mitchell brings over 20 years of experience in leading consumer brands and is expected to enhance the company's strategic and financial leadership [3][4] - The appointment aligns with Warby Parker's ambitions for growth and expansion in the eyewear market [5] Company Developments - Warby Parker has shifted its focus from its home try-on program to enhancing its virtual technology and expanding its physical store presence [8] - The company has partnered with Target to open branded shop-in-shops, and has opened around 40 new stores in the past year, bringing its total to over 300, with a goal of operating 900 stores in the future [9] - In the most recent quarter, Warby Parker reported a revenue increase of over 15% year-over-year to $29.2 million, with an active customer base growth of 9.3% to 2.66 million, and a net income of $5.9 million compared to a loss of $4.1 million the previous year [10]