REI CEO Eric Artz is retiring at the end of March, the Issaquah, Washington-based co-op announced Wednesday.

Recreational Equipment Inc., the outdoor-gear retailer better known as REI, is getting a new trail guide. The struggling company announced on Wednesday that longtime CEO Eric Artz is retiring in late March and will be replaced by Mary Beth Laughton,

REI this week named Portland’s Mary Beth Laughton the co-op’s next CEO, making her the latest Nike executive to get the top job at another company. Laughton will succeed Eric Artz, who is retiring.