On December 18, 2018, Pier 1 Imports, Inc. announced that Alasdair James, President and Chief Executive Officer and a member of the board of directors of the company, resigned from all positions with the company. Mr. James's decision to resign was not related to a disagreement with the company over any of its operations, policies or practices. The board elected Cheryl A. Bachelder as interim Chief Executive Officer.

Ms. Bachelder currently serves on the board of US Foods Holding Corp. since her appointment in October of 2018, and served on the board of Popeyes Louisiana Kitchen, Inc. from November 2006 to March 2017, and on the board of True Value Corporation from July 2006 through February 2013.