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Lumens Taps Former Bed Bath & Beyond Executive as CEO; Flos B&B Italia Reshuffle Intensifies
Yahoo Finance· 2026-01-21 18:41
Group 1 - Dave Nielsen has been appointed as the CEO of Lumens, following his leadership role in transforming Beyond Inc. and its brands, Overstock and Bed Bath & Beyond [1][2] - Nielsen is recognized as an e-commerce veteran, previously serving as president of Bed Bath & Beyond, and he takes over from interim CEO Cristina Miller [2] - Lumens operates a marketplace model, featuring over 400 high-end home design brands, and is based in San Francisco [4] Group 2 - Piero Gandini, the executive chairman of Lumens' parent company Flos B&B Italia, expressed confidence in Nielsen's ability to lead the company into a new phase of growth [5] - The parent company is undergoing a corporate shift and is open to offers for its various brands, including B&B Italia and Flos, with plans to stabilize each business before potential sales [3][6] - Since Gandini's appointment in 2025, there have been multiple executive changes within the company, including departures from key positions in Flos and B&B Italia [6]