ROOTS NAMES MEGHAN ROACH CEO

Roots has named Meghan Roach as its new chief executive officer, effective immediately. She has also joined the outdoor lifestyle brand’s Board of Directors.

Roach was appointed interim chief executive officer of Roots in January 2020, prior to which she served as interim chief financial officer starting in August 2019. She joins Roots from Searchlight Capital Partners, the company’s largest shareholder. Prior to Searchlight, Roach was a member of the private equity investment team at the Ontario Teachers’ Pension Plan, after beginning her career with KPMG.

The company said that given the unprecedented circumstances created by the COVID-19 pandemic, Roach will forgo her salary and potential bonus payments for the remainder of 2020.

“Meghan is a talented and accomplished executive,” said Erol Uzumeri, chairman of the Roots Board of Directors. “Speaking on behalf of the Board, we believe Roots will continue to benefit greatly from her strategic insights, decisive leadership, and experience with prominent global brands.”

“I am honoured to assume the role of CEO at this iconic Canadian brand,” added Roach. “Over its 46 years, Roots has established a highly engaged and loyal consumer base, strong omnichannel capabilities, and a solid core product offering. I look forward to working with the talented and dedicated team at Roots to continue to build on this great foundation.”