Circana Appoints Stuart Aitken as New CEO

Portfolio - People | Dec 03, 2024 | Vestar Capital

Circana Appoints Stuart Aitken as New CEO

Circana, a leading advisor on consumer behavior, has announced the appointment of Stuart Aitken as its new President and CEO, effective January 1, 2025. Aitken, who has a rich background in retail and data analytics, joins Circana from Kroger, where he served as Chief Merchant and Marketing Officer. This leadership transition comes as part of Circana's strategic succession planning, and Aitken will succeed Kirk Perry, who will remain a member of Circana's Board of Directors. Perry's tenure included overseeing a major merger that strengthened Circanas position in advising on consumer behavior. The appointment highlights Circanas commitment to innovation and growth, leveraging Aitken's expertise to enhance its global footprint. With Aitken at the helm, Circana aims to continue its trajectory of transformation and success across diverse industries globally.

Sectors

  • Consumer Behavior Advisory
  • Retail
  • Data and Analytics

Geography

  • United States – Circana is based in Chicago, and the leadership transition involves Aitken, who is moving from his role in Kroger, a major U.S. retail company.
  • Scotland – Aitken's origin and educational background in Scotland are part of his personal history and professional development, influencing his leadership approach.

Industry

  • Consumer Behavior Advisory – Circana operates as a key player in advising businesses on consumer behavior trends, providing insights that help companies make data-driven decisions.
  • Retail – Stuart Aitken's background in retail, particularly his role at Kroger, is pivotal in bringing valuable experience in merchandising and marketing strategies to Circana.
  • Data and Analytics – Aitken's experience at Kroger's data analytics arm, alongside Circana's focus on technology and analytics, underscores the importance of data-driven insights in their operations.

Financials

    Participants

    NameRoleTypeDescription
    CircanaCompany undergoing leadership transitionCompanyA leading advisor on consumer behavior navigating a strategic leadership change.
    Stuart AitkenIncoming President and CEOPersonBringing experience from Kroger and previous roles in retail and analytics to Circana.
    Kirk PerryOutgoing President and CEOPersonRetiring as President and CEO, continuing as a member of the Board.
    Vestar CapitalPrivate Equity firm owner of CircanaCompanyA PE firm involved with Circana's operations and leadership.
    KrogerAitken's former employerCompanyA major U.S. grocery retail company where Aitken served in significant capacities.