CARTERS INC (CRI)
Sector: Consumer Discretionary
Sector: Consumer Discretionary
CARTERS INC - Executive Compensation
Chief Executive Officer & President, Director
Executive Compensation
Douglas C. Palladini serves as President, Chief Executive Officer, and Director of Carter's, Inc., the leading U.S. marketer of branded apparel for babies and young children. Appointed CEO in October 2021, Palladini brings over three decades of retail leadership experience to his role, where he oversees the company's global strategy, operations, and growth initiatives. Prior to his CEO appointment, he progressed through senior roles at Carter's since joining in 2009, including Executive Vice President and Chief Operating Officer, where he spearheaded supply chain optimization, product development, and international expansion efforts that enhanced operational efficiency and market reach. Palladini's career began at Gap Inc., where he spent more than 20 years in progressively responsible positions, culminating as Senior Vice President of Global Sourcing and Product Development. His expertise in merchandising, sourcing, and logistics has been instrumental in driving Carter's innovation, including the launch of new product lines and digital enhancements that boosted e-commerce sales. Under his leadership, Carter's has achieved record revenues, strengthened its brand portfolio—including OshKosh B'gosh—and navigated economic challenges like the COVID-19 pandemic while prioritizing sustainability and customer-centric growth. As a board member since 2021, Palladini plays a key role in shaping long-term vision and governance at Carter's, fostering a culture of agility and excellence. His achievements include delivering consistent profitability, expanding into new markets, and positioning the company as an industry leader in children's apparel, with a commitment to quality, affordability, and joyful childhood experiences.