Weeks after the retailer shuttered its experiences business, REI on Wednesday announced that CEO Eric Artz will retire in March as part of a planned succession process. Mary Beth Laughton, a former REI board director and one-time Athleta CEO, will take on the role, per a press release emailed to Retail Dive.

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

Laughton was an REI board director from 2017 to 2019. Prior to Nike she spent nearly four years as CEO of sportswear brand Athleta and held leadership roles at beauty product reta

REI’s President and Chief Executive Officer Eric Artz announced his retirement on Wednesday and named a Portlander as the company’s next chief executive.