- Push-out Score determined
- After nine years in the position
- Accolades, praise and thanks for Sifford
- Mark Worden taking over
- Sifford will remain as Vice Chairman at Shoe Carnival
- Sifford said 107 words
(exechange) — Evansville, Indiana, March 18, 2021 — Cliff Sifford, chief executive of Shoe Carnival, leaves his post. His departure is made public at an early stage. As announced by Shoe Carnival Inc. in a news release on Thursday, March 18, 2021, Clifton E. (Cliff) Sifford leaves his post as chief executive officer at the retailer of moderately priced footwear and accessories after nine years in the role, effective September 30, 2021.
Cliff Sifford’s duties as CEO will be taken over by Mark J. Worden, currently President and Chief Customer Officer of Shoe Carnival Inc.
“Positioned to take over as CEO at the right time”
Cliff Sifford’s departure from the CEO post is explained as follows. Sifford said: “When Mark joined Shoe Carnival nearly three years ago, our objective was to bring onboard an executive officer who would be positioned to take over as CEO at the right time.”
Sifford will remain as Vice Chairman at Shoe Carnival
“Mr. Worden will succeed Cliff Sifford, who will step down as the Company’s Chief Executive Officer effective September 30, 2021 but will continue to serve in the role of Vice Chairman of the Company’s Board of Directors,” Shoe Carnival said.
Share price increase since March 2020
The announcement follows an increase in Shoe Carnival Inc.’s share price of 89% since March 2020.
Chaired by J.Wayne Weaver
J.Wayne Weaver serves as Shoe Carnival Inc.’s Chairman.
In the position of CEO since 2012
Cliff Sifford became CEO of the Company in 2012.
Sifford began his career with the Company in 1997 and has served as the Company’s Chief Executive Officer since 2012.
Sifford has served as the Company’s Vice Chairman since September 2019 and has served as Chief Executive Officer and a director since October 2012.
Sifford also served as President from October 2012 to September 2019.
Sifford served as Chief Merchandising Officer from October 2012 to March 2016.
From June 2001 to October 2012, Sifford served as Executive Vice President – General Merchandise Manager and from April 1997 to June 2001, Sifford served as Senior Vice President – General Merchandise Manager.
Push-out Score determined
The Push-out Score™ determined by exechange gauges the pressure surrounding Cliff Sifford’s move on a scale of 0 to 10.
exechange reached out to Shoe Carnival and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 12.2021 ($).