Peter Sachse has served as Executive Chairman of our Board since August 2025. He has served on our Board since March of 2021 and served as interim Co-Chief Executive Officer of TBI from March of 2021 through March of 2022 and then served as Co-Chief Executive Officer from March 2022 to January 2024. He took sole ownership of the role of Chief Executive Officer in February 2024 until August 2025. In addition to these roles, he has served as Director at the Sachse Family Fund, an early-stage investor in digital startups, since 2017. Mr. Sachse held roles at Citi Trends, Inc. in multiple capacities from 2019 to 2025, including as Interim Chief Executive Officer, Executive Chairman of its board and as the Chairman of its board. He has also served as a Director and Compensation Committee Chair of Mattress Firm, Inc. from 2019 to 2025 when Mattress Firm was acquired by Somnigroup International Inc. He currently is a director and member of the Audit Committee of Somnigroup International Inc. Mr. Sachse previously served as a Director of XO Group Inc. from 2010 until 2018 and from 2006 through 2007 and served as an observer to the board of XO Group Inc. from 2007 to 2010. He was also a member (various boards) of CEO Search, Director Search, Audit, Compensation and Nominating and Governance Committees. In addition, Mr. Sachse has been an active advisor in the nonprofit sector. From 2008 to 2022, he served on the Board of Governors and was President of the board of the Fashion Scholarship Fund from 2015 to 2016. Mr. Sachse spent 34 years in various positions at Macy’s, Inc., including Chief Growth Officer, Chief Innovation and Business Development Officer, CSO, CMO and Chairman and CEO of macys.com. Prior to serving in these roles, Mr. Sachse was President and Chief Operating Officer of The Bon Marché, a department store chain launched in Seattle. Mr. Sachse holds a bachelor’s degree in business administration from the University of Wisconsin-Madison.
