JOANN announced the addition of Maarten Jager to its Board of Directors, effective October 22, 2024. Jager brings deep retail experience to the position and was most recently Chief Financial Officer at Mattress Firm. While at Mattress Firm, Jager led the turnaround of the business, achieving $550 million in refinancing, $1.35 billion in dividend recapitalization, and successful Mergers & Acquisitions transaction efforts.
Prior to Mattress Firm, Jager was CFO and Executive Vice President with PriceSmart Inc., where he was a key leader in shaping the turnaround agenda, establishing priorities, and holding the organization accountable for substantive improvements. Prior to joining PriceSmart, he was a senior leader at Walmart, including serving as CFO and Senior Vice President for Sam?s Club, a $55 Billion and 600 retail outlet division, leading the business through a major transformation while ensuring four consecutive quarter positive sales. Previously, Jager held leadership roles with Diageo, the world's leading $18 billion premium drinks business, Booz Allen Hamilton, and General Electric.
He received his Bachelor of Science in Engineering from the University of Michigan, his Master of Science in Engineering from Stanford University, and his MBA with a Major in business strategy and finance from the University of Chicago. He is fluent in English and Dutch and has lived and worked in countries around the world. In addition to Rosenzweig, Jager joins Board Members Mary Campbell, Joe Hartsig, Michelle Israel, and Bill Wall.
