Recreational Equipment Inc., the outdoor-gear retailer better known as REI, is getting a new trail guide. The struggling company announced on Wednesday that longtime CEO Eric Artz is retiring in late March and will be replaced by Mary Beth Laughton,

REI this week named Portland’s Mary Beth Laughton the co-op’s next CEO, making her the latest Nike executive to get the top job at another company. Laughton will succeed Eric Artz, who is retiring.

REI CEO Eric Artz is retiring at the end of March, the Issaquah, Washington-based co-op announced Wednesday.

The president and CEO of Pacific Northwest-based athletics retailer REI will be retiring from the company starting in February, marking a "new chapter" in the co-op's 87-year history. REI announced Wednesday the upcoming departure of Eric Artz,

Recreational Equipment, Inc., aka REI, has announced Mary Beth as the company's new CEO. The previous CEO, Eric Artz, is reported to leave the position as he retires in March.

Nike executive Mary Beth Laughton has been named incoming CEO of REI. Laughton has since August 2023 been head of Nike Global Direct to Consumer. According to her LinkedIn profile, she is still a member of Nike's leadership team. She will replace REI President and CEO Eric Artz, who will retire on March 31, the co-op announced Wednesday.

The CEO and president of REI, Eric Artz, announced he is retiring. The Issaquah-based co-op stated Artz will leave the position at the end of March.

Nike’s DTC exec Mary Beth Laughton will lead REI as president and CEO while Sephora North America CEO Artemis Park joins Levi’s board.