Indigo Books and Music has appointed a new president and a new chief financial officer. Ted Marlow, an Indigo board member, will be Indigo’s president effective April 1. Marlow was global president of Urban Outfitters from 2001 to 2010 as it expanded in North America and Europe. He has also held senior leadership and merchant roles at Neiman Marcus and Saks Fifth Avenue. Marlow replaces Joel Silver, who has served as Indigo’s president for several years and has been appointed to the board of directors and will lead Trilogy Growth, a partnership with Trilogy Retail Enterprises LP, the majority shareholder of Indigo.
"It is most exciting to welcome Ted to our company,” said Indigo founder and CEO Heather Reisman. “As our industry changes, we are committed to becoming the world's first lifestyle store for booklovers as well as being major participants in the evolving world of e-reading through Kobo."
Kay Brekken, senior v-p of finance, will also become Indigo’s chief financial officer, on April 1. Brekken has been with Indigo since 2003. She succeeds outgoing CFO and COO Jim McGill, who will remain with Indigo as COO until July.
