New CEO John Erdos Will Move Part of I.O. Metro to Dallas
by March 27, 2015 3:33 pm 223 views
John Erdos is the new CEO at I.O. Metro, and he plans to move part of the Lowell-based home furnishings retailer’s operations to Dallas.
The move is planned for June.
The 36 employees in the distribution center, operations and financial offices will not be affected, as those departments will remain in Arkansas, marketing director Amber Langston said in an email. However, the merchandise, marketing and creative offices will relocate, affecting eight employees, some of whom have been offered positions in Dallas or elsewhere in the company. The company will be hiring additional staff in Dallas.
Formerly vice president of J Crew’s Far East operations, Erdos has lived in Singapore, acting as owner/designer John Erdos Home for more than two decades.
“I am thrilled to be joining I.O. Metro, and very excited to lead the company into its next growth phase,” Erdos said in a press release. “This next chapter in my career will allow me to pursue my passion and use my decades of experience on a much larger scale.”
Erdos succeeds Lou Spagna, who has been CEO since 2012 and intends to stay on throughout the year and assist with the transition, Langston said.
“We are confident [Erdos] will continue to lead the company to greater success,” Spagna said in a news release. “John is well-known throughout the home furnishings industry and brings with him an eye for innovation and beautiful design.”
Erdos has received offers to buy his Singapore business and is weighing his options, Langston said. Although he may remain as a consultant and designer, he will not be involved in the day-to-day operations.