Content about Chairman

April 17, 2014

Leonard Riggio, chairman of Barnes & Noble Inc., has sold 3.7 million shares of Barnes & Noble common stock.

New York -- Leonard Riggio, chairman of Barnes & Noble Inc., has sold 3.7 million shares of Barnes & Noble common stock. After the sale, his holdings are expected to represent approximately 20% of Barnes & Noble’s common stock outstanding.

Riggio said the sale is part of his long-term financial and estate planning and that he has no plans to sell more stock this calendar year.

April 10, 2014

Overstock.com CEO Patrick Byrne has relinquished his role as chairman of the company.

Salt Lake City -- Overstock.com CEO Patrick Byrne has relinquished his role as chairman of the company. In other moves, co-president Stormy Simon was named president of the online discount retailer.

Byrne will continue to serve as CEO, while current executive vice chairman Jonathan Johnson assumes the chairman responsibilities Byrnes has held since 2006.

March 7, 2014

Cerberus Capital Managament, which owns Albertsons, won the bid for Safeway.

Pleasanton, Calif. — Cerberus Capital Managament, which owns Albertsons, won the bid for Safeway.

Safeway and Albertsons on Thursday announced a definitive agreement under which AB Acquisition will acquire all outstanding shares of Safeway in a deal valued at more than $9.1 billion. The transaction is expected to close in the fourth quarter of this year.

The companies will operate independently until closing.

February 26, 2014

The National Retail Federation welcomed a proposal to reform the nation’s tax structure announced Wednesday by House Ways and Means Committee Chairman Dave Camp, R-Mich., saying it would strengthen the economy and jobs.

Washington, D.C. -- The National Retail Federation welcomed a proposal to reform the nation’s tax structure announced Wednesday by House Ways and Means Committee Chairman Dave Camp, R-Mich., saying it would strengthen the economy and jobs.

February 18, 2014

Revionics, a provider of end-to-end merchandise optimization solutions, appointed the company’s president and CEO Marc Hafner as chairman of the board.

New York -- Revionics, a provider of end-to-end merchandise optimization solutions, appointed the company’s president and CEO Marc Hafner as chairman of the board.

Hafner has served as president and CEO since 2010 and with this newly added role he will lead the company’s strategic planning and accelerate its global growth.

January 27, 2014

The Retail Industry Leaders Association elected Richard Dreiling, chairman and CEO of Dollar General, as the new chairman of its board of directors.

New York -- The Retail Industry Leaders Association elected Richard Dreiling, chairman and CEO of Dollar General, as the new chairman of its board of directors.

“I am honored to have the opportunity to serve as board chairman for RILA and to work with this exceptional group of retail leaders to strengthen our industry,” said Dreiling. “RILA is a critical strategic partner in empowering our industry to speak with one voice to champion issues that affect the retail sector, our workforce and our valued customers.”

January 14, 2014

Supervalu Inc. said that it has named Gerald Storch, who served as CEO of Toys “R” Us from 2006 to 2013, as board chairman.

Minneapolis -- Supervalu Inc. said that it has named Gerald Storch, who served as CEO of Toys “R” Us from 2006 to 2013, as board chairman.

The supermarket company said Storch will replace Robert Miller, who is resigning as chairman in March to focus on “other demands.” Miller, then president and CEO of Albertsons, was named chairman last March after Supervalu completed the sale of five of its grocery chains.

January 8, 2014

Faith Hope Consolo, chairman, and Joseph A. Aquino, executive VP of Douglas Elliman’s Retail Group, have arranged a third Manhattan location for Roundabout, a luxury consignment and resale retailer.

New York — Faith Hope Consolo, chairman, and Joseph A. Aquino, executive VP of Douglas Elliman’s Retail Group, have arranged a third Manhattan location for Roundabout, a luxury consignment and resale retailer.

The new location between 82nd and 83rd Streets is also the brand’s second Madison Avenue store.

 

January 7, 2014

Destination Maternity Corp. is thinking big. The world’s largest retailer of maternity apparel is bullish on its superstore format, with new locations in Paramus, N.J., and Virginia Beach, Va. The Philadelphia-based company has an estimated 35% to 45% share of the U.S. maternity market.

The two new stores vary in size and have different layouts, as well as some merchandising variations. But both are designed as customer-centric, one-stop shopping resources. And both share a common vision.

December 11, 2013

Leonard Riggio, chairman of Barnes & Noble, has reportedly sold 2 million shares of company stock.

New York – Leonard Riggio, chairman of Barnes & Noble, has reportedly sold 2 million shares of company stock. According to Reuters, Riggio’s sale, reported in an SEC regulatory filing, lowers Riggio’s stake in Barnes & Noble to 26.3%.

December 10, 2013

Lululemon Athletica Inc. named Laurent Potdevin as CEO, and also announced founder Chip Wilson will step down as non-executive chairman.

Vancouver, British Columbia -- Lululemon Athletica Inc. on Tuesday named Laurent Potdevin as CEO, and also announced founder Chip Wilson will step down as non-executive chairman. Potdevin, most recently president of Toms Shoes, will replace Lululemon’s current CEO, Christine Day, in January, and will also become a director at that time. Prior to Toms, he served as president and CEO of Burton Snowboards from 2005 – 2010.

December 5, 2013

DryClean NYC has signed a lease for a fourth location in Upper Manhattan, according to Faith Hope Consolo, chairman, Joseph A. Aquino, executive VP and Arthur Maglio of Douglas Elliman’s Retail Group, who arranged the lease.

New York  — DryClean NYC has signed a lease for a fourth location in Upper Manhattan, according to Faith Hope Consolo, chairman, Joseph A. Aquino, executive VP and Arthur Maglio of Douglas Elliman’s Retail Group, who arranged the lease. The new store will open at 708 St. Nicholas Avenue, between 145 and 146th Streets.

This is the fifth lease the Retail Group has arranged in the building. The other four stores include Sugar Hill Medical Plaza, Unity Wines & Spirits, W Dental and Metro PCS.

November 26, 2013

Toys “R” Us CEO Antonio Urcelay has replaced Gerald Storch as chairman of the company. Urcelay, appointed interim CEO at Toys “R” Us in May 2013, was officially named chief executive in October.

Wayne, N.Y. -- Toys “R” Us CEO Antonio Urcelay has replaced Gerald Storch as chairman of the company. Urcelay, appointed interim CEO at Toys “R” Us in May 2013, was officially named chief executive in October.

Storch, who had previously served as CEO, is stepping down as chairman to dedicate more time to his consulting company, Storch Advisors, Toys “R” Us said in a filing with the Securities and Exchange Commission.

November 25, 2013

Sears Holdings chairman Eddie Lampert is reportedly considering selling the company’s Sears Canada stores.

Hoffman Estates, Ill. - Sears Holdings chairman Eddie Lampert is reportedly considering selling the company’s Sears Canada stores. According to the New York Post, Lampert has been quietly consulting banks including Goldman Sachs and reaching out to prospective buyers.

November 25, 2013

Wal-Mart Stores said Mike Duke will retire as president and CEO, effective Feb. 1, 2014, and will be replaced by veteran company executive Doug McMillon.

Bentonville, Ark. – Wal-Mart Stores said Mike Duke will retire as president and CEO, effective Feb. 1, 2014, and will be replaced by veteran company executive Doug McMillon. McMillon, 47, president and CEO of Walmart International, was also named to Wal-Mart’s board, effective immediately.

November 4, 2013

Faith Hope Consolo, chairman, and Joseph Aquino, executive VP of Douglas Elliman’s Retail Group have arranged a multi-level Soho flagship for Alice + Olivia By Stacey Bendet at 98 Greene Street between Spring and Prince Streets.

New York — Faith Hope Consolo, chairman, and Joseph Aquino, executive VP of Douglas Elliman’s Retail Group have arranged a multi-level Soho flagship for Alice + Olivia By Stacey Bendet at 98 Greene Street between Spring and Prince Streets.

October 18, 2013

Hibbett Sports announced that effective February 2, 2014, Mickey Newsome will transition from his current position as executive chairman and employee of the company to non-executive chairman.

Birmingham, Ala. -- Hibbett Sports announced that effective February 2, 2014, Mickey Newsome will transition from his current position as executive chairman and employee of the company to non-executive chairman.

The retailer also announced that Jeff Rosenthal, president and CEO, has been appointed to the board of directors, effective immediately, thereby increasing the size of the board to ten members.

October 18, 2013

Hibbett Sports announced that effective February 2, 2014, Mickey Newsome will transition from his current position as executive chairman and employee of the company to non-executive chairman.

Birmingham, Ala. -- Hibbett Sports announced that effective February 2, 2014, Mickey Newsome will transition from his current position as executive chairman and employee of the company to non-executive chairman.

The retailer also announced that Jeff Rosenthal, president and CEO, has been appointed to the board of directors, effective immediately, thereby increasing the size of the board to ten members.

October 11, 2013

Faith Hope Consolo, chairman of Douglas Elliman’s Retail Group has taken her seat as a member of the 2014 board of directors of the Commercial Real Estate Women’s (CREW) Network on Oct. 9, at CREW Network’s annual Convention and Fall Council Meeting in Dallas

New York — Faith Hope Consolo, chairman of Douglas Elliman’s Retail Group has taken her seat as a member of the 2014 board of directors of the Commercial Real Estate Women’s (CREW) Network on Oct. 9, at CREW Network’s annual Convention and Fall Council Meeting in Dallas. Her term begins January 1, 2014.

CREW Network is the largest commercial real estate association for women and represents approximately 8,200 women leaders in 74 markets throughout the U.S. and Canada.

September 12, 2013

Susser Holdings Corp. announced that Sam L. Susser has been appointed chairman of the board of directors of SUSS, effective immediately.

Corpus Christie, Texas -- Susser Holdings Corp. announced that Sam L. Susser has been appointed chairman of the board of directors of SUSS, effective immediately. He will retain his position as CEO of the company, which he has held since 1992.

Bruce W. Krysiak, the current board chairman, will become lead independent director.  

 

September 3, 2013

Brinker International chairman Doug Brooks and First Horizon National Corp. CEO Bryan Jordan were elected to the AutoZone board of directors.

New York -- Brinker International chairman Doug Brooks and First Horizon National Corp. CEO Bryan Jordan were elected to the AutoZone board of directors.

The addition of Brooks and Jordan give AutoZone a total of 11 board members. The company is due to report fourth quarter financial results on Sept. 25.

 

August 13, 2013

J.C. Penney Co. announced that activist investor and hedge fund manager Bill Ackman has resigned from the board of directors of the company, effective Aug. 12.

New York -- J.C. Penney Co. announced that activist investor and hedge fund manager Bill Ackman has resigned from the board of directors of the company, effective Aug. 12. His resignation comes in the wake of a very public and heated campaign in which he called for the ouster of Penney interim CEO Myron Ullman and chairman Thomas Engibous.

August 9, 2013

Scathing letters continued flying back and forth on Friday, between activist investor Bill Ackman and the J.C. Penney board of directors — each attacking the other’s handling of the CEO search process and timing.

New York City -- Scathing letters continued flying back and forth on Friday, between activist investor Bill Ackman and the J.C. Penney board of directors — each attacking the other’s handling of the CEO search process and timing.

Then, CNBC reported that Perry Capital, a 7% Penney stakeholder, has weighed in as well, and will file a 13-D urging the board to immediately remove Mike Ullman as CEO, and replace his leadership with Allen Questrom as chairman and Footlocker’s Ken Hicks as CEO.

August 5, 2013

Korean fashion designer Boyoung Kim will open her first dedicated boutique on Columbus Avenue, said Faith Hope Consolo, chairman, and Joseph A. Aquino, executive VP of Douglas Elliman’s Retail Group.

New York — Korean fashion designer Boyoung Kim will open her first dedicated boutique on Columbus Avenue, said Faith Hope Consolo, chairman, and Joseph A. Aquino, executive VP of Douglas Elliman’s Retail Group.

July 25, 2013

Art Van Furniture plans to convert 31 Mattress World locations in Michigan and Indianapolis to its signature Art Van PureSleep brand, which is known for its diagnostic system that determines the exact mattress and pillow best suited for each individual's comfort.

Warren, Mich. -- Art Van Furniture plans to convert 31 Mattress World locations in Michigan and Indianapolis to its signature Art Van PureSleep brand, which is known for its diagnostic system that determines the exact mattress and pillow best suited for each individual's comfort. 

The conversion, which will begin August 1st, will be completed by the end of 2013, and will result in a total of 76 Art Van PureSleep stores.