Belk CEO Patel Steps Down, COO Hendricks Named Interim CEO

Department store chain Belk Inc. has named company president Don Hendricks as interim chief executive officer effective May 16, according to a statement.

• CEO Nir Patel is stepping down after less than a year in the role to pursue “other interests,” according to the statement Friday
• Hendricks joined Belk as chief operating officer in 2016, before being named company president in 2020
  • He earlier held positions at Gymboree, Hot Topic and Torrid
• READ MORE: Belk to Cut $450 Million of Debt With Record-Breaking Speed

To contact the reporter on this story:
Norah Mulinda in New York at nmulinda@bloomberg.net

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