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Belk CEO Nir Patel resigns unexpectedly after less than a year at the top

NRI Pulse Staff Report
Cover Photo courtesy: Belk

Atlanta, GA, May 16, 2022: Belk CEO Nir Patel unexpectedly resigned only ten months after being named its chief executive officer, the Charlotte, North Carolina based department store chain recently announced. President Don Hendricks has been appointed interim chief executive officer effective Monday, May 16.

Patel is leaving the company to pursue other interests, the release said. A former chief merchandising officer for Belk, he had replaced Lisa Harper as CEO last July.

As president and chief operating officer, Hendricks was instrumental in leading the company through the continued unpredictability of the COVID-19 pandemic and spearheaded the company’s initiatives to enhance its omnichannel capabilities.

A Huntsville, Alabama native, Patel earned his bachelor’s degree in finance from Boston University. After college, he has spent his career moving from retailer to retailer, learning the ins and outs of the business.

Patel and his wife, Jennifer, have three children.

Patel joined Belk from Kohl’s where he was the Senior Vice President of Men’s, Young Men’s, Juniors and Kids. Before Kohls, he worked for Lands’ End where he oversaw the launch of their new website and improved online s

Charlotte-based Belk, Inc., a privately-owned department store, opened its first store in 1888, beginning a legacy of selling great products at great prices, treating customers like family, and giving back to the community. Today, Belk serves customers at nearly 300 Belk stores in 16 Southeastern states, at belk.com and through the mobile app.

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