Executive Management

Lisa Harper has served as our Chief Executive Officer since May 2022, and as a member of Torrid’s board of directors and its predecessor since 2008. From July 2021 until May 2022, Ms. Harper served as Executive Chairperson of Belk, a privately-owned department store chain. Prior to that, Ms. Harper served as CEO of Belk from July 2016 through July 2021. Ms. Harper previously served as CEO of Torrid, its predecessor, and Hot Topic, from March 2011 until June 2016. From February 2001 to July 2006, she served in various capacities with The Gymboree Corporation, a publicly traded corporation operating a chain of specialty retail stores for children and women. Her roles at Gymboree included Chairman of the board of directors, from June 2002 to July 2006, Chief Creative Officer, from January 2006 to July 2006, Vice Chairman of the board of directors, from February 2001 to June 2002, and CEO, from February 2001 to January 2006. Ms. Harper has also held merchandising and design positions with several other clothing retailers, including Limited Too, Esprit, GapKids, Mervyn’s and Levi Strauss. She attended the University of North Carolina at Chapel Hill. In addition to her service on our board of directors, Ms. Harper currently serves as a member of the board of directors of each of Belk and Hot Topic.

Elizabeth Muñoz has served as our Chief Creative Officer since May 2022, and previously served as Torrid’s CEO from August 2018 through April 2022. Prior to that, Ms. Muñoz served as Torrid’s President and before that as Senior Vice President of Product. Ms. Muñoz served as the President of Lucky Brand from 2007 to 2010 and Senior Vice President of Design and Merchandising Lucky Brand from 1997 to 2007. From 1987 to 1997, she held various design-related positions with Bongo Jeans, including Head of Design and Merchandising. Ms. Muñoz graduated from the Fashion Institute of Design & Merchandising.

Michael Salmon has served as our Chief Operating Officer since December 2018. Mr. Salmon was previously Torrid’s Senior Vice President of Planning and Allocation since June 2018. Mr. Salmon served as Consultant with Elm Street Advisors from November 2017 to June 2018. Mr. Salmon served as Executive Vice President, Divisional Chief Operating Officer of the J. Crew and Factory Brand division of J. Crew Inc. from June 2015 to November 2017. Mr. Salmon held multiple roles within the Madewell division of J. Crew Inc. from July 2009 to June 2015 including SVP Planning, Allocation & Stores and then Divisional Chief Operating Officer from April 2014 to June 2015. From 2004 to 2009, Mr. Salmon held various merchandise planning and allocation roles with the Factory division of J. Crew Inc. Mr. Salmon served as the Director of Merchandise and Company Planning at The Children’s Place from November 2003 to October 2004. From 1994 to 2003, Mr. Salmon held various merchandise planning and allocation roles at Gap, Inc. Mr. Salmon attended Drexel University.

Anne Stephenson has served as our Chief Merchandising and Product Officer since August 2019. Ms. Stephenson served as the Senior Vice President, Brand Manager of Roaman’s/Ellos of Full Beauty Brands, Inc. from December 2017 to February 2019. Ms. Stephenson served in various roles with Victoria’s Secret from March 2001 to November 2017 including Vice President of Merchandising, Executive Vice President of Merchandising and Executive Vice President of Design. Ms. Stephenson served as a Senior Merchant at Saks Fifth Avenue from September 1994 to March 2001. Ms. Stephenson also held Store Manager roles with Armani Exchange and The Limited early in her career. Ms. Stephenson graduated from Columbia University, Barnard College.

Kelly McGuire Diehl has served as our Executive Vice President, People and Culture since September 2020. Ms. McGuire Diehl’s scope of responsibility includes Human Resources, Learning & Development, Diversity & Inclusion, Store Operations, and Customer Service. Ms. McGuire Diehl previously served as Sr. Vice President, Human Resources from February 2018. She was also Vice President, Head of Human Resources from May 2016 to January 2018. Between 2004 and 2016, Ms. McGuire Diehl served in a variety of Senior Human Resources roles at Hot Topic. Prior to Hot Topic, Ms. McGuire Diehl held Human Resources roles at Yan Can Restaurants (a venture of Yum Brands), Nestle USA, and Taco Bell. Ms. McGuire Diehl holds a B. S. degree from Texas Christian University.

Mr. MacDiarmid serves as a Partner at MERU since April 2019, specializing in interim management for clients. He has served in various interim management roles, including as Interim CFO for a $3B specialty apparel retailer from April 2021 to April 2022. Mr. MacDiarmid previously held roles as Senior Vice President at McKinsey & Company from March 2017 to April 2019 and Senior Director at Alvarez & Marsal from May 2007 to March 2017. He received a B.A. in Economics with a minor in Accounting from University of California at Los Angeles and is a Certified Public Accountant.