Paulette Garafalo to Become Executive Chairman of Paul Stuart

Paulette Garafalo, who has been chief executive officer and president of the upscale specialty store since 2016, will relinquish that post to Trevor Shimpfky on July 1. Garafalo, a long-tenured industry executive whose past positions included CEO of both Hickey Freeman and Bally's America, recruited Shimpfky to Paul Stuart four years ago as vice president of omni, where he was in charge of overseeing the company's retail operations. Under Garafalo's leadership the company modernized its messaging, launched customLab for made-to-order suits and shirts, opened a boutique in Southampton, N.Y., and expanded its wholesale operations with customers including Saks Fifth Avenue, Nordstrom and Neiman Marcus.