Big Lots CEO David Campisi leaves for health reasons

  • After about five years in the position
  • Praise, thanks and good wishes for Campisi
  • Search for a successor
  • Campisi spoke at length and said 92 words

(exechange) — Columbus, Ohio, April 17, 2018 — David Campisi, chief executive of Big Lots, leaves. It is an abrupt change. As announced by Big Lots, Inc. in a news release and in a regulatory filing published on Tuesday, April 17, 2018, David J. Campisi has left his post as Chief Executive Officer at the retail company after about five years in the position, effective April 16, 2018.

Big Lots will undertake a search for a successor.

Health reasons

Campisi’s sudden departure from the CEO post is explained as follows. Big Lots said: “Mr. Campisi, who had been on a leave of absence for medical reasons since December 2017, has decided to retire in order to focus fully on his health.”

“Retirement”

Big Lots said: “On April 17, 2018, Big Lots, Inc. … announced the retirement of David J. Campisi as President, Chief Executive Officer and as a member of the Board of Directors of the Company …, effective as of April 16, 2018.”

In the position of CEO since 2013

David J. Campisi has been the Chief Executive Officer and President of Big Lots, Inc. since May 6, 2013.

Campisi joined Big Lots in May 2013.

Before joining Big Lots, he was Chairman and CEO of Respect Your Universe (RYU), a publicly traded company focused on premium performance apparel and equipment.

Prior to RYU, Campisi served as Chairman, CEO, and President of The Sports Authority, a privately held $3B sporting goods retailer.

From 2004 to 2010, he was also President and Chief Merchandising Officer for the company.

During his tenure, Sports Authority unified its stores under a single national brand and improved the quality of the company’s key assortments of branded sports apparel.

Campis’s experience also includes senior executive merchandising positions with Kohl’s, Fred Meyer Inc. (a division of the Kroger Company), and May Department Stores.

An active community member, Campisi serves on the Board of Directors for Nationwide Children’s Hospital and the Wexner Center for the Arts.

He and his wife Beci reside in Columbus and are the proud parents of two daughters and a son.

Campisi intends to pursue additional community-based activities during his retirement.

Push-out Score not determined

When the reason for the departure is health-related, a Push-out Score™ is not determined.

Read the full story in the exechange report 17.2018 ($).