Mindy Grossman Biography, Age, Height, Husband, Net Worth, Family (2024)

Age, Biography and Wiki

Mindy Grossman is a business executive and the current CEO of WW International, formerly known as Weight Watchers. She was born on 8 September, 1957 in Long Island City, New York, United States. Grossman graduated from the University of Pennsylvania with a degree in marketing and international business. She began her career in the apparel industry, working for companies such as Ralph Lauren, Tommy Hilfiger, and Nike. In 2006, she was appointed CEO of HSN, Inc., a multi-channel retailing company. She served in this role until 2018, when she was appointed CEO of WW International. Grossman has been recognized for her leadership and business acumen, receiving numerous awards and accolades. She was named one of Fortune’s Most Powerful Women in Business in 2017 and 2018, and was inducted into the National Retail Federation’s Hall of Fame in 2018. As of 2021, Mindy Grossman's net worth is estimated to be $50 million.

We recommend you to check the complete list of Famous People born on 8 September. She is a member of famous with the age 66 years old group.

Mindy Grossman Height, Weight & Measurements

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Dating & Relationship status

She is currently single. She is not dating anyone. We don't have much information about She's past relationship and any previous engaged. According to our Database, She has no children.

Mindy Grossman Net Worth

Her net worth has been growing significantly in 2022-2023. So, how much is Mindy Grossman worth at the age of 66 years old? Mindy Grossman’s income source is mostly from being a successful . She is from American. We have estimated Mindy Grossman's net worth , money, salary, income, and assets.

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Timeline

In her capacity as head of global apparel, she oversaw global strategic planning; product development; and global apparel manufacturing, operations, sourcing, merchandising, advanced innovation, quality assurance, and compliance and sustainability. She was also responsible for Nike's women's business. She aggressively and successfully reengineered the entire apparel organization, and created three sub-brands for Nike apparel: Nike Performance, targeted to athletes and aspirational consumers; Nike Active, a line to be worn from gym to street; and Nike Fusion, apparel with higher-performance fabrics and aggressive styling. Under her leadership, Nike also rolled out new NikeWomen stores, launched NikeWomen catalogues, and started a new division called Fitness Dance. She advanced Nike's apparel innovation agenda, led the development and growth of the global women's business, and created and co-chaired Nike’s Global Women’s Leadership Council.

She is the Chair of the Advisory Board of Fashion Institute of Technology’s Executive Women in Fashion. She is a member of the Industry Advisory Board of the Jay H. Baker Retailing Center at the Wharton School of Business. She is also an advisor at the venture capital firm Metamorphic Ventures.

On April 26, 2017, Weight Watchers (now WW) announced that Mindy Grossman would take over as CEO in July 2017, replacing former CEO James Chambers who resigned from the company in the fall of 2016. Once in office, she said that her plan included a push beyond dieting and into well-being, as well as a partnership with Oprah Winfrey, who holds almost 15% of WW's shares and sits on its board of directors.

In June 2017, Grossman joined the Board of Directors of sports apparel e-commerce retailer Fanatics.

Under her leadership HSN became a multi-platform business, providing a seamless shopping experience across multiple channels and platforms, accessible anytime and anywhere, that was entertaining, fun, and exciting. Forbes and Fortune termed the new brand a "hybrid" – a media, entertainment, technology, and retail business.

Determined to stay ahead of the curve on the technology front, Grossman also introduced new HSN venues including Shop by Remote (television remote control shopping), HSN Arcade (online games), Video on Demand, HSN Live, shopping via YouTube, and in-flight shopping. She overhauled HSN's website and made HSN a major e-commerce presence; as of 2013 HSN.com is one of the top 10 most-trafficked e-commerce sites. She evolved HSN from a linear network to a multi-platform business, creating a "boundaryless" retail; according to Fast Company, nearly half the HSN's revenue comes through digital platforms.

She continued to aggressively transform, redefine, and reinvent the HSN brand, improving its demographics and increasing the value of its stock from $10 at its IPO in August 2008 to $55 a share in 2014. HSN's success fostered the launch of a second 24-hour television channel, HSN2, in 2010. Grossman's turn-around approach was multi-faceted: she upgraded product level to high-end products; aggressively and preemptively implemented numerous digital and mobile access options; made the shopping experience fun, immersive, entertaining, creative, informative, exciting, interactive, and inspiring; and brought on board major celebrities and high-end fashion designers to sell their lines, most of them exclusive to HSN.

Grossman has been a director of HSN, Inc. since it went public in August 2008. She has been a director of Bloomin’ Brands since 2012. She serves on the Board of Directors of, and as of 2015 is Vice Chair of, the National Retail Federation. She also serves on the Board of Directors of, and as of 2015 is Chair of, the National Retail Federation Foundation, the charitable arm of the National Retail Federation.

By mid 2007 the relaunch and redesign of HSN's channel, website, and campus were in effect, and the business started to turn around. In November of that year, Diller decided to break up IAC into several of its constituent companies, and to spin off HSN, Inc. as a public company via an IPO with Grossman as CEO. The IPO launched in August 2008. A few weeks later the Lehman Brothers collapse occurred, with the subsequent stock-market plunge and recession. Grossman kept HSN afloat and thriving during the tenuous recessional years of 2008 and 2009 via intense economies and stringent dedication to her vision, and by tailoring HSN's marketing to her customers' needs to economize.

By 2006, after six years at Nike, Grossman desired a CEO position, preferably in a company where she did not need to commute across the country as she did at Nike. Nike had recently appointed its own new CEO and a new president, so she actively looked to find an opportunity in another company, seeking this time one that was direct-to-consumer, entrepreneurial but not a start-up, and one that she could transform by taking advantage of new technological advances. A recruiter approached her about IAC/InterActiveCorp (IAC), the parent company of HSN, Inc., and after studying HSN's broadcasts she realized that, in her words, "HSN really needed to become more of a lifestyle network that would inspire people through products". Her vision was to offer inspiring lifestyle programming, particularly with charismatic celebrities, with all the products for sale – rather than the usual dry and old-fashioned standard sales format.

She took the idea to Barry Diller, the head of IAC, and even though she had no television experience, no direct-to-consumer experience, and no experience in most of the product categories HSN sold, he hired her. In April 2006, Grossman was appointed CEO of IAC Retailing, overseeing HSN, the catalog company Cornerstone Brands, Shoebuy.com, and IAC's international retailing operations.

She also found that the network and brand itself was a "very stagnant, linear, non-immersive experience". By October 2006 she rolled out HSN's new brand image, tagline, vision statement, customer intention, and advertising. The company's new manifesto was "to create a new lifestyle experience for consumers". To implement the plan, she stopped selling $150 million worth of unsuitable brands, and worked hard to entice higher-end brands, and new personalities to sell products. Among many others, early on she recruited Sephora, Emeril Lagasse, and Todd English to sell on air. She also aired a two-hour fashion show of high-end apparel. In addition, she brought the company's call centers back to the U.S. from overseas.

In 2000, Grossman joined Nike, Inc., where she served as Vice President of Global Apparel from 2000 to 2006, overseeing its worldwide multi-billion-dollar apparel business. Nike CEO Phil Knight had brought her in to revive Nike's sagging apparel business, capitalizing on her expertise in fashion, brand strategy, product development, and retail space management.

Grossman was credited with showing a footwear company how to be an apparel company. She brought her strong fashion background to Nike's apparel and regenerated it, devoting much of her energy to the company's weaker women's wear business. Nike's apparel business's annual revenue was $2.7 billion when she joined in 2000; by the end of fiscal year 2005 she had grown it to $4.1 billion, which was 32% of Nike brand revenues.

She was Vice-President of New Business Development at Polo Ralph Lauren Corporation from 1994 to 1995. During that period, she developed new brand concepts, including Polo Jeans. She convinced Lauren that in order to attract customers at a younger age he needed to embrace new ideas, and that Polo Jeans Company was a good way to make lifelong customers out of a younger audience. Grossman calls starting Polo Jeans "my start-up experience"; she was its President and CEO from 1995 to 2000, launched the brand in 1996, and took it from a standing start to a $450 million business, building it into the leading department store status denim brand.

From 1991 to 2000, Grossman worked for brands by Ralph Lauren. From 1991 to 1994, she was President of Chaps Ralph Lauren, a division of Warnaco, Inc., and she was Senior Vice President of Menswear for Warnaco, Inc. during those years as well. Chaps was Ralph Lauren's midprice department-store brand; She turned around the Chaps division and grew its annual revenues from $26 million to $250 million.

From 1988 to 1991 she was Vice President of Sales and Merchandising at Tommy Hilfiger. She was in nearly on the ground floor at Tommy Hilfiger, which had been incorporated in 1985. Grossman later recalled, "At the time, it was a small company, and sales were meteoric. They went from around $38 million to $350 million."

From 1985 to 1988, Grossman worked for WilliWear by Willi Smith. She started out as Vice President of Sales and in 1987 became Vice President of Menswear.

Grossman began her career in 1977 in the menswear industry. After 28 years in the apparel industry, including nine highly successful years at Ralph Lauren Corporation and six equally successful years at Nike, she became CEO of HSN in 2006. She aggressively reinvented and relaunched the brand, took HSN public in 2008, and oversaw its multi-billion-dollar retail portfolio and multimedia expansion. In July 2017 she left HSN to become CEO of WW International.

Grossman moved to New York City in 1977, and was offered a job working for a company called Manhattan International. It was a menswear conglomerate at the time, and she was an assistant to the president of their international division. From 1978 to 1980, she was an account executive at Jeffrey Banks menswear. From 1980 to 1981, she was an account executive at Ron Chereskin menswear. From 1981 to 1985, she was a regional sales manager at Merona, and then vice-president of sales at Jeffrey Banks; both Merona and Jeffrey Banks were at the time divisions of Oxford Industries.

Mindy Grossman (born September 8, 1957) is the CEO of WW International (formerly Weight Watchers). The Financial Times listed her in the top 50 women in world business in 2010 and 2011, and she has been ranked among Forbes' 100 most powerful women in the world for the years 2009, 2011, 2012, and 2013. In 2014 she was #22 in Fortune' s Top People in Business.

Mindy Grossman was born September 8, 1957. Her adoptive parents were Donald and Elaine Waldman, a Jewish produce dealer and homemaker on Long Island, New York, who had married young but had been unable to have children.

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