Ross last week appointed Stephen Brinkley to the newly created position of president of operations. In the role, he will oversee property development, stores and supply chain. 

Brinkley is expected start on Oct. 30 and will report to COO Michael Hartshorn, according to a company press release. He was most recently the president of SportChek, a subsidiary of Canadian Tire Corporation. He has over 25 years of experience in leadership roles at Save A Lot, Target and Circuit City. 

“We are delighted to have Stephen join our senior management team. He brings a wealth of retail leadership experience that will be a valuable resource in driving long-term profitable growth for the company,” Hartshorn said in a statement. 

The retailer projects $800 million in capital expenditures for fiscal year 2023, including supply chain investments such as new distribution centers to support long-term growth, according to its most recent quarterly report. In fiscal 2022, Ross’ capital spending on distribution and transportation amounted $270.2 million, more than 40% of its total capex.

Ross has opened 97 locations this fiscal year, 51 of which opened in the past six weeks. Those locations complete the company’s store growth plans for fiscal 2023. 

In its latest quarter, total sales were $4.9 billion, up 7.7% year over year. Comparable store sales rose 5% and Ross posted net income of $446 million for the quarter, up 16% from $385 million last year. 

Earlier this year the company announced that Barbara Rentler will stay on as CEO through January 2026 as part of a long-term succession plan.