Circana adds three directors with retail, finance and AI expertise
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Circana LLC appointed three new board members with backgrounds in retail, finance and artificial intelligence to support the data analytics company's growth strategy.
The Chicago-based provider of data insights and advisory services named Brian Cornell, executive chair of Target Corp. (NYSE: TGT); Lauren Cooks Levitan, co-founder and co-CEO of ROOT; and Rohit Prasad, former senior vice president and head scientist of artificial general intelligence at Amazon.com Inc. (NASDAQ: AMZN), to its board of directors.
Cornell brings retail and consumer products experience from leadership roles at Target, PepsiCo Inc. and Michaels Stores Inc. Cooks Levitan previously served as president and CFO of Faire Wholesale Inc., CFO of Fanatics Inc., and managing director at Cowen and Company LLC. She currently serves as lead independent director at e.l.f. Beauty Inc.
Prasad helped develop Amazon's AI strategy for more than a decade and was instrumental in creating Amazon Alexa. He also led development of Amazon's frontier model family, Nova, which the company says is used by enterprise customers.
"These appointments strengthen the Board's ability to guide Circana's strategy and accelerate the value we deliver to our global clients," said Stuart Aitken, president and CEO of Circana, according to the company's statement.
Circana provides technology and data analytics to consumer packaged goods companies, manufacturers and retailers. The company's platform uses data and algorithms developed over six decades to help clients measure market share and understand consumer behavior.
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