By Brecken Branstrator
brecken.branstrator@nationaljeweler.com
Mindy Grossman, longtime CEO of HSN, will step down from the position next month and transition to being president and CEO of Weight Watchers this summer.
New York--The Home Shopping Network has announced that CEO Mindy Grossman will step down from her position effective May 24.

She is leaving to join Weight Watchers, where she has been appointed president and CEO.

Grossman joined IAC, HSN’s former parent company, in 2006 as CEO of IAC Retail, moving into the role of CEO of HSN two years later.

HSN said its board has retained a national search firm to help find a successor.

Additionally, it has established the Office of the Chief Executive, whose members will manage the company’s day-to-day operations and engage with the board regularly until a successor has been named.

The office will consist of Rod R. Little, chief financial officer; William C. Brand, chief marketing officer of HSNi and president of HSN; and Judy A. Schmeling, chief operating officer of HSNi and president of Cornerstone Brands, Inc.

HSN stands at No. 26 on National Jeweler’s $100 Million Supersellers list in the 2016 State of the Majors report.



Get the Daily News >
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.