Trove appoints Terry Boyle as chief executive

Recommerce company Trove announced on Thursday the appointment of Terry Boyle as chief executive, effective June 17.

Boyle replaces Gayle Tait, who has decided to step down as CEO. Tait will remain on the company’s management board.

Boyle has extensive experience in retail. He has led several retail companies, including Nordstromrack.com, HauteLook and Trunk Club. In his most recent role, Boyle was CEO of Zulily, where he improved contribution margins and EBITDA and introduced new growth strategies through a series of focused initiatives.

Before Zulily, he was CEO and co-founder of Behold, which used artificial intelligence to create real-time, stylist-driven shopping experiences for customers.

“On behalf of the board, I would like to thank Gayle for her leadership at Trove during this period of transformation for the company. Her vision to transition Trove from a service company to a software model and invest in technology has created a path for Trove to build future scale, significantly strengthening our market position in the B2B resale space,” said Andy Ruben, founder and president of Trove.

“Terry’s extensive experience in the retail industry, combined with his approach to transforming retail towards a more sustainable future, positions him as the ideal leader to drive the company forward. “His focus on the continued commercialization of Trove’s critical software will help brands grow without increasing their carbon footprint.”

Trove boasts nearly two-thirds of all traffic to U.S. brand resale sites. The company continues to grow with new business-to-business partnerships, recently launching resale programs for Filson (Filson Unfailing), Cotopaxi (Cotopaxi Mas Vida), Brooks (Brooks ReStart) and Canada Goose (Canada Goose Generation).

The resale company is also expanding its existing partnerships with brands such as Patagonia, Lululemon and Arc’teryx.

“Joining Trove at this time gives me a tremendous opportunity to support our partners in achieving their sustainability goals while driving business growth,” Boyle said.

“It is widely recognized that the retail industry must reduce its environmental impact, and Trove’s impressive suite of software tools enable brands to create and manage their own resale programs. This way, they can increase revenues, acquire new customers, control their brand image and improve the customer experience, all without increasing greenhouse gas emissions.”