internal
Erik B. Nordstrom & Peter E. Nordstrom
Co-Chief Executive Officers
Executive
1 yr
5 reports
Nordstrom, Inc. ·JWN
Family-led co-CEO model formalized after 2025 take-private
Retailing · Fortune #291 · Hybrid structure · 41K employees · Seattle, Washington
View as of:
5
CEO span
↓ tighter than peers (avg 8)
1.8
Avg span
tight
2
Max depth
2 levels
3.5 yr
Avg tenure
stable vs FY2024
60%
Internal hires
↑ above industry avg
Consolidated financials FY2024 · period end 2025-02-01 · 10-K
Revenue
$15.0B
Operating income
$834M
Net income
$294M
Total assets
$9.0B
Shares out
167M
Sourced from Nordstrom, Inc. 8-K · filed 2025-05-20 ↗ View on SEC
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Nordstrom, Inc. organizational chart
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Nordstrom operates with a rare family-led co‑CEO structure, formalized after its 2025 take‑private transaction. This page details the current executive hierarchy, reporting lines, recent leadership changes, compensation context, and how Nordstrom’s flat enterprise model compares with major retail peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Erik B. Nordstrom & Peter E. Nordstrom changed role as Co-Chief Executive Officers
Appointed as Co‑CEOs following completion of take‑private merger on 2025-05-20.
Source · See change logScenario views in the chart
- Add Chief Operating Officer Introduce a COO reporting to the co‑CEOs to formalize operational integration across stores and supply chain.
- Transition to Single CEO Shift from a co‑CEO model to a single CEO to simplify governance as the company stabilizes post‑merger.
Atlas work this supports
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The people
Who's running this
6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Kenneth J. Worzel
Chief Customer Officer
Customer
5 yr
0 reports
Jason Morris
Chief Technology and Information Officer
Technology
2 yr
0 reports
internal
Peter E. Nordstrom
President & Chief Brand Officer
Brand
7 yr
0 reports
internal
Ann Munson Steines
Chief Legal Officer & Corporate Secretary
Legal
6 yr
0 reports
internal
Randy Kanai
Interim Chief Accounting Officer
Finance
0 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Erik B. Nordstrom $5.4M
- Base salary
- $875K
- Bonus
- $2.06M
- Stock awards
- $2.36M
- Other
- $64K
- Fiscal year
- FY2024
- Source
- SEC DEF 14A ↗
The businesses
How Nordstrom, Inc. divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Brand & Merchandising
12K employees
President & Chief Brand Officer (Peter E. Nordstrom)
Oversees merchandising, private brands and overall Nordstrom brand strategy.
Customer Experience
8K employees
Chief Customer Officer (Kenneth J. Worzel)
Responsible for customer loyalty, digital experience and service strategy.
Technology
3K employees
Chief Technology and Information Officer (Jason Morris)
Leads enterprise systems, digital platforms and data infrastructure.
The thesis
Why this org is unusual
Nordstrom’s most distinctive structural feature is its formal co-CEO model, reinstated after the 2025 take‑private transaction and concentrated entirely within the founding family.
Both Erik and Peter Nordstrom jointly hold the CEO role, with all enterprise leaders reporting into a single combined office rather than parallel chains. This keeps decision authority centralized despite the dual leadership.
Below the co‑CEOs, the structure remains relatively flat for a national retailer, with major functional chiefs overseeing brand, customer, technology, legal and finance. The absence of a standalone COO places operational coordination directly under the co‑CEOs and the President/Chief Brand Officer role. This reflects Nordstrom’s continued emphasis on merchandising, brand stewardship and customer experience as its core operating levers.
- Co-CEO structure
- No standalone COO
- Family-led leadership
The comparison
How Nordstrom, Inc. stacks up
Compared with peers like Macy’s, Kohl’s and Target, Nordstrom stands out for retaining a family-led executive structure rather than a single external CEO. Most large U.S. department-store peers operate with a sole CEO and a strong COO layer. Nordstrom’s flatter hierarchy reduces reporting depth but increases reliance …
Current signals
What changed recently
The most significant change was the 2025 take‑private transaction that installed Erik and Peter Nordstrom as formal co‑CEOs.
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
8-K filed 2025-05-20
- CEO
- Erik B. Nordstrom & Peter E. Nordstrom
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 3.5 yr
Company taken private and transitioned to formal co‑CEO leadership.
Named executive officers (2)
- Erik B. Nordstrom - Co-CEO since 2025
- Peter E. Nordstrom - Co-CEO since 2025
FY2024
10-K filed 2025-03-21
- CEO
- Erik B. Nordstrom
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 4.1 yr
Traditional single‑CEO structure prior to take‑private transaction.
Named executive officers (5)
- Erik B. Nordstrom - CEO since 2019
- Peter E. Nordstrom - President & CBO since 2020
- Catherine R. Smith - CFO since 2023
- Kenneth J. Worzel - CCO since 2020
- Jason Morris - CTIO since 2023
Year-over-year changes
Nordstrom shifted from a single‑CEO to a co‑CEO structure following its 2025 merger.
- CEO span: 5 → 5
- C-suite size: 5 → 5
- Avg tenure: 4.1 → 3.5 yr
- reorg Erik B. Nordstrom & Peter E. Nordstrom - Co-CEOs (was CEO / President & CBO) (Form 8-K, May 20, 2025)
Frequently Asked Questions
Who is the CEO of Nordstrom?
Nordstrom is led by co‑CEOs Erik B. Nordstrom and Peter E. Nordstrom, appointed in May 2025.
What type of organizational structure does Nordstrom use?
Nordstrom uses a hybrid enterprise structure with centralized functional leadership under its co‑CEOs.
How many direct reports does Nordstrom's CEO have?
The co‑CEO office has five primary direct‑report executives.
How has Nordstrom's leadership changed recently?
In 2025 Nordstrom completed a take‑private merger, appointed co‑CEOs, and saw the departure of its CFO.
Does Nordstrom have a COO?
No, Nordstrom does not currently have a standalone Chief Operating Officer role.
Sources
- Form 8-K, May 20, 2025
- Form 8-K, April 4, 2025
- Form 8-K, March 4, 2025
- SEC EDGAR: Nordstrom, Inc. DEF 14A Proxy Statement
- SEC EDGAR: Nordstrom, Inc. 10-K Annual Report
Reference
Cite this page
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APA 7th
Creately. (2026). Nordstrom, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/nordstrom/MLA 9th
"Nordstrom, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/nordstrom/. Accessed .Chicago 17
Creately. "Nordstrom, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/nordstrom/.Original SEC source View on SEC ↗
Nordstrom, Inc.. 8-K. Filed 2025-05-20. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/72333/000110465925050982/tm2515470d12_8k.htmPermanent URL: https://creately.com/org-chart/fortune-500/nordstrom/ · last updated 2026-04-01