Business

Shinola names Shannon Washburn new CEO


November 17, 2019, 7:25 PM


Shannon Washburn will be Shinola's first female CEO. (Photo: Shinola)

Detroit-based watch and luxury goods maker Shinola is moving its president into the top executive spot following the recent departure of former Lions president Tom Lewand.

The company on Friday named Shannon Washburn of Birmingham as CEO.

Washburn, a Texas Tech University graduate, started with the Shinola in 2012 as part of its watch product development team and replaced Jacque Pannis as president in 2018, according to a company profile. She previously spent 14 years at watchmaker Fossil. The companies share a founder, Tom Kartsotis.

Lewand said earlier this month that he'd leave Shinola by the end of 2019 for an unspecified "new professional role." He's been with the company since 2016.



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