Geerlings & Wade cofounder replaces CEO

Disappointing growth has led to a change in the executive suite at wine cataloger Geerlings & Wade. Cofounder Huib Geerlings, the chairman of the board, has replaced David Pearce as president/CEO. Pearce remains chief financial officer of the Canton, MA-based company.

“During the last nine months, the company has made substantial investments to explore new channels and other avenues for growth,” Geerlings said in a statement. “While this effort has yielded some positive results, it has not led to the desired revenue acceleration.”

Partner Content

The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.