Andrew Keith, the current CEO of Selfridges, will step down this autumn, ending his four-year leadership tenure at the luxury department store.
- Keith took over as managing director in 2020, transitioning to CEO in 2023, bringing years of retail experience from Lane Crawford Joyce.
- He will be replaced by André Maeder, who is currently the CEO of the parent company, Selfridges Group.
- Maeder has a managerial history with Germany’s KaDeWe Group, aligning with Selfridges’ parent company, Central Group.
- No official comments have been made by Selfridges regarding the leadership change.
Andrew Keith’s departure from his role as CEO of Selfridges marks the end of a significant era for the iconic department store. Appointed as managing director in 2020, Keith officially assumed the role of CEO in June 2023, following a substantial tenure at the leading Hong Kong retail group Lane Crawford Joyce. His career at Selfridges has been characterised by a steady transition from the initial managing role to overseeing the brand as its chief executive. His decision to step down reflects a natural progression for both Keith and the company.
The leadership baton at Selfridges will pass to André Maeder, effective this autumn. Maeder is no stranger to roles of this magnitude, having most recently served as CEO of Selfridges’ parent company, Selfridges Group. His experience includes a notable period at the helm of Germany’s KaDeWe Group, another entity under the ownership of Central Group, Selfridges’ ultimate parent company. This transition is seen as a strategic alignment within the Central Group’s portfolio, aiming to foster a uniform managerial philosophy across its prestigious brands.
As the change looms, industry insiders and stakeholders await further details and official confirmations from Selfridges. The company has yet to release a formal statement regarding the executive shift, leaving room for speculation about the strategic intentions behind this move.
This transition signifies a strategic shift in leadership and vision for Selfridges as it welcomes André Maeder to the helm.