Terry Pillow to retire as CEO of Tommy Bahama

Terry R. Pillow is retiring from his position as Chief Executive Officer of Tommy Bahama Group on January 30, 2016. Tommy Bahama is a part of Oxford Industries. Douglas B. Wood, Tommy Bahama's current President and Chief Operating Officer, will step into his role, while Pillow will continue with Oxford in an advisory role.

Thomas C. Chubb III, Chairman and Chief Executive Officer of Oxford said, “Terry joined Tommy Bahama in 2008 at a critical juncture for the business. The founders were retiring and we were entering an unprecedented economic downturn. Terry has done a tremendous job propelling the business forward and enhancing the depth and breadth of the successful Tommy Bahama lifestyle brand that we all recognize today.”

“Doug joined Tommy Bahama in 2001, two years prior to Oxford's acquisition of the brand. From the very beginning, his talent and strength as a leader were obvious. For the past 14 years, he has been responsible for all aspects of Tommy Bahama's financial and operating functions. With Doug at the helm and a great creative team onboard, the future is bright at Tommy Bahama," he added.

Wood joined Tommy Bahama in 2001 as Chief Operating Officer and was named President in 2008. He began his career at the Boeing Defense and Space Group before joining McCaw Cellular/AT&T in 1994 where he was Vice President of Operations.