Wayfair Inc. announced the appointment of Jeffrey Naylor to its board of directors. Naylor brings extensive experience in the retail and consumer products industries to the Wayfair board drawing upon past executive leadership roles at The TJX Companies and Big Lots Inc. as well as senior leadership roles at Limited Brands and Sears, Roebuck and Co. Over the course of his career, Naylor held several senior executive roles with The TJX Companies Inc. He joined TJX as senior executive vice president and chief financial officer in 2004, and later took on additional responsibilities for information technology, legal, strategic planning and business development as chief administrative officer. Prior to joining TJX, Naylor served as chief financial officer of Big Lots Inc. and chief financial officer and chief administrative officer of Dade Behring Inc. He currently serves on the boards of Synchrony Financial, a consumer financial services company, and Emerald Expositions, Naylor also serves on the board of directors of two privately held companies. Naylor will fill the board seat formerly held by Neeraj Agrawal, general partner of Battery Ventures, who is stepping down from the nine-person board after seven years of service.
Wayfair Inc., through its e-commerce platform, offers customers visually inspired browsing, compelling merchandising. The Companyâs customers span a range of demographics, with annual household incomes ranging from $25,000 to over $250,000, and also include business professionals, from small startups to global enterprises. The Company also features certain products under its house brands, such as Three Posts and Mercury Row. Through these house brands, the Company helps its customers navigate its product assortment to find items that match their needs. The Company operates through two segments: U.S. and International. The U.S. segment primarily consists of amounts earned through product sales through Wayfair's family of sites in the U.S. The International segment primarily consists of amounts earned through product sales through the Companyâs international sites. It operates as Wayfair.ca in Canada, Wayfair.co.uk in the United Kingdom, Wayfair.de in Germany and Wayfair.ie in Ireland.