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Tilly's CEO Hezy Shaked to Step Down, Nate Smith to Take Over
ByAinvest
Monday, Jul 28, 2025 5:19 pm ET1min read
Tilly's CEO Hezy Shaked will step down and transition to chairman role, while Nate Smith will take over as president and CEO effective August 18. Smith has served as CEO of Marolina Outdoor since September 2021. The change is expected to take place on August 18.
Tilly's Inc. (NYSE: TLYS) has announced a significant leadership change with the appointment of Nate Smith as the new President and Chief Executive Officer (CEO), effective August 18, 2025. The change comes as Hezy Shaked, the company's co-founder and current CEO, transitions to the role of Executive Chairman. Smith, who has served as the CEO of Marolina Outdoor, Inc. since September 2021, brings extensive industry experience to Tilly's.Smith's appointment was well-received by the market, with Tilly's stock rising by 3.6% on Monday following the announcement [1]. The leadership change is part of Tilly's strategy to strengthen its position in the competitive retail landscape. Shaked expressed confidence in the new appointment, stating, "We believe Nate’s combination of robust industry experience, core values, and strategic vision will help revitalize our brand and drive further improvements in our business during this important time" [2].
Smith commented on his new role, expressing his excitement about the opportunity to lead Tilly's and his intention to work with Shaked, the Board, and the team to revitalize and build upon the company's 43-year history of success [1].
Tilly's, a leading destination specialty retailer of casual apparel, footwear, accessories, and hardgoods, is headquartered in Irvine, California, and operates 232 stores across 33 states, as well as its website, www.tillys.com [3].
References:
[1] https://ph.investing.com/news/stock-market-news/tillys-stock-rises-as-company-appoints-nate-smith-as-new-ceo-93CH-1923652
[2] https://www.theglobeandmail.com/investing/markets/markets-news/Business%20Wire/33682789/tilly-s-inc-announces-appointment-of-nate-smith-as-president-and-chief-executive-officer-beginning-august-18-2025/
[3] https://www.investing.com/news/stock-market-news/tillys-stock-rises-as-company-appoints-nate-smith-as-new-ceo-93CH-4155542
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