Andrew Keith, the CEO of Selfridges, is set to step down this autumn, marking the end of his four-year tenure.
- Appointed as managing director in November 2020, Keith took over as CEO in February 2021, following his extensive experience with Lane Crawford Joyce.
- An internal memo indicates that André Maeder will succeed Keith, bringing his expertise from the KaDeWe Group.
- Maeder, who became CEO of Selfridges Group earlier this year, is set to take over the leadership role at Selfridges.
- Selfridges has been approached for comments on the transition, emphasising its significance in the retail landscape.
Andrew Keith’s departure from Selfridges in the autumn marks the conclusion of his four-year leadership of the luxury department store. His appointment as managing director in November 2020 set the stage for his subsequent role as CEO in February 2021, following a notable two-decade career as president of the Hong Kong-based retail giant Lane Crawford Joyce.
The change in leadership, as reported in an internal memo, highlights that André Maeder will replace Keith. Maeder’s appointment is underpinned by his experience with the German department store business KaDeWe Group, which shares ownership with Selfridges’ parent company, Central Group. This knowledge positions him well for his new responsibilities.
Maeder, who has been leading the Selfridges Group since May 2024, is anticipated to continue the strategic direction set by Keith, ensuring continuity within the organisation. His familiarity with the Central Group’s structure and operations is poised to facilitate a smooth transition.
The announcement is pivotal for Selfridges, one of the world’s most prestigious luxury retailers, as it adapts to ongoing changes in the retail industry. The company has been approached for commentary on this significant organisational shift, reflecting the importance of this move for stakeholders.
This leadership transition at Selfridges is a critical juncture, promising to influence its future trajectory.