The funding round values the company at more than $1 billion. Sprinklr has raised $123.5 million to date.
Adrian Mitchell, the current chief operating and finance officer, will assume a temporary leadership role following the departure of Sascha Bopp.
Home furnishings retailer Crate and Barrel said today that Adrian Mitchell has assumed interim leadership of the company, following the recent resignation of CEO Sascha Bopp. Mitchell is the company’s chief operating and finance officer.
A search is under way to fill the role vacated by Bopp, Crate and Barrel’s parent company Otto Groupsays. The CEO position includes a “deepened focus on the customer experience and growth in the digital space,” Otto Group says.
Adrian Mitchell joined Crate and Barrel, No. 77 in the Internet Retailer Top 500 Guide, as chief financial officer in 2010 and was promoted to chief operating officer in February of 2014. During his tenure, responsibilities included international retail and e-commerce operations, global supply chain operations, and real estate. Mitchell came to Crate and Barrel from Target Corp., No. 18 in the Top 500, where he served as director of strategy and interactive design, overseeing the brand’s e-commerce customer experience and store integration.
“With a long history of careful management and growth, Crate and Barrel is well positioned for international and domestic expansion,” Mitchell says. “Our executive team also looks forward to exploring new opportunities for innovation and improving our customer experience, especially in the digital space.”
Bopp was named CEO in November 2011. Neither Otto Group nor Crate and Barrel gave a reason for Bopp’s resignation.