Content about chief executive

August 6, 2014

Another retailer is looking for a chief executive: Aaron’s Inc. announced that Ronald W. Allen, 72, will retire as CEO and as a member of the board of directors of Aaron’s, effective Aug. 31.

Atlanta - Another retailer is looking for a chief executive: Aaron’s Inc. announced that Ronald W. Allen, 72, will retire as CEO and as a member of the board of directors of Aaron’s, effective Aug. 31. Allen has served on the board since 1997 and as CEO since February 2012.

The board has retained Spencer Stuart, an executive recruiting firm, to assist in the process of identifying Allen's successor. The search process will include a full review of both internal and external candidates.

July 22, 2014

Chief marketing officers and chief information officers are working more collaboratively than in the past to take advantage of digital opportunities, but they remain at odds on issues involving how to drive integrated digital marketing solutions for their customers, according to a new study by Accenture.

New York -- Chief marketing officers and chief information officers are working more collaboratively than in the past to take advantage of digital opportunities, but they remain at odds on issues involving how to drive integrated digital marketing solutions for their customers, according to a new study by Accenture.

The report, “Cutting Across the CMO-CIO Divide, reveals  a growing collaboration between CMOs and CIOs – 43% of marketers and 50% of IT leaders think their relationship with the other has improved over the past year.

July 22, 2014

Michael Weiss, who started with Express when it was an eight-store operation, will retire as CEO of the 600 plus-store specialty apparel company when its fiscal year ends on January 30, 2015.

Columbus, Ohio -- Michael Weiss, who started with Express when it was an eight-store operation, will retire as CEO of the 600 plus-store specialty apparel company when its fiscal year ends on January 30, 2015.

He will be succeeded by David Kornberg, 46, president, who will assume the added role of chief executive. Weiss, 73, will remain with Express as nonexecutive chairman of the board.

July 18, 2014

Herman Miller has entered into an agreement to acquire high-end furniture retailer Design Within Reach Inc. (DWR) for about $154 million in cash.

Zeeland, Mich. -- Herman Miller has entered into an agreement to acquire high-end furniture retailer Design Within Reach Inc. (DWR) for about $154 million in cash.  

DWR’s chief executive, John Edelman, and president, John McPhee, will continue to lead the business as part of the Herman Miller brand and will report to CEO Brian Walker.

July 14, 2014

Mindy Grossman, the chief executive of HSN Inc., reportedly declined an offer to become CEO of J.C. Penney Company in May.

Plano, Texas – Mindy Grossman, the chief executive of HSN Inc., reportedly declined an offer to become CEO of J.C. Penney Company in May 2014. According to the Wall Street Journal, Grossman had been in advanced negotiations with Penney to take the reins as CEO but discussions ended for an unspecified reason.

July 7, 2014

The heat is on — in more ways than one. While Target’s search for a new chief executive has been much in the news, the discounter is not the only big retailer on the hunt for a chief executive.

New York -- The heat is on — in more ways than one. While Target’s search for a new chief executive has been much in the news, the discounter is not the only big retailer on the hunt for a chief executive. Here’s a brief review (all dates are 2014 except where noted):

June 27, 2014

Dollar General announced that CEO and chairman Rick Dreiling plans to retire as chief executive effective May 30, 2015, or when a successor is appointed.

Goodlettsville, Tenn. -- Dollar General announced that CEO and chairman Rick Dreiling  plans to retire as chief executive effective May 30, 2015, or when a successor is appointed. The 60-year-old Dreiling has agreed to remain as chairman during the transition process once a new CEO is named. Family Dollar said it is conducting an internal and external search for a chief executive.
    

June 27, 2014

Dollar General announced that CEO and chairman Rick Dreiling plans to retire as chief executive effective May 30, 2015, or when a successor is appointed.

Goodlettsville, Tenn. -- Dollar General announced that CEO and chairman Rick Dreiling  plans to retire as chief executive effective May 30, 2015, or when a successor is appointed. The 60-year-old Dreiling has agreed to remain as chairman during the transition process once a new CEO is named. Family Dollar said it is conducting an internal and external search for a chief executive.
    

May 7, 2014

Ross Stores has named chief merchandising officer and president Barbara Rentler as its next CEO, making her the 25th female chief executive to currently serve at a Fortune 500 company.

Dublin, Calif. -- Ross Stores has named chief merchandising officer and president Barbara Rentler as its next CEO, making her the 25th female chief executive to currently serve at a Fortune 500 company. She will also join the company’s board, along with COO and president Michael O’Sullivan.

March 31, 2014

Bicycle retailer BikeStreet announced the appointment of former Hhgregg executive VP & COO Gregg Throgmartin as CEO.

Fort Lauderdale, Fla. -- Bicycle retailer BikeStreet announced the appointment of former Hhgregg executive VP & COO Gregg Throgmartin as CEO. With 17 shops opened since the brand’s founding in 2012, BikeShop aims to acquire and/or open nearly 1,000 shops across the nation under Throgmartin’s leadership.   
 

February 6, 2014

Fairway Holdings Corp., operators of Fairway Markets, announced that CEO Herbert Ruetsch will retire after fifteen years with the company, including the last two years as chief executive.

New York -- Fairway Holdings Corp., operators of Fairway Markets, announced that CEO Herbert Ruetsch will retire after fifteen years with the company, including the last two years as chief executive.  Ruetsch will remain a special advisor to Fairway and continue to provide input into certain merchandising and product initiatives.

William Sanford, president of Fairway, will assume the role of interim CEO while the board undertakes a search for a permanent replacement.

November 25, 2013

Shopko on Monday named Peter McMahon, most recently COO of Loblaws, as its new CEO, effective immediately.

Green Bay, Wis. -- Shopko on Monday named Peter McMahon, most recently COO of Loblaws, as its new CEO, effective immediately. Loblaws is Canada’s largest food retailer with over $30 billion in sales.

At Loblaws, McMahon was responsible for supply chain, IT, HR, labor relations, merchandising, store operations and loss prevention functions. Prior to Loblaws, McMahon held various senior level positions with some of the world’s largest retailers, including Wal-Mart in Germany and Japan and Tesco in central Europe.
 

October 24, 2013

Sephora announced that Calvin McDonald has been named president and CEO of Sephora Americas, effective Jan. 1, 2014.

New York -- Sephora announced Thursday that Calvin McDonald has been named president and CEO of Sephora Americas, effective Jan. 1, 2014.

McDonald, who previously served as president and CEO of Sears Canada, succeeds David Suliteanu.

Suliteanu, who has helmed Sephora Americas since July 2000, will become CEO of Kendo Brands, which is owned by Sephora's parent, LVMH Moet Hennessy Louis Vuitton SA.

October 16, 2013

Toys “R” Us announced that Antonio Urcelay has been named chief executive, effective immediately, after serving as the company’s interim CEO since May of this year.

Wayne, N.J. -- Toys “R” Us announced that Antonio Urcelay has been named chief executive, effective immediately, after serving as the company’s interim CEO since May of this year. In other executive news, the retailer appointed a former Wal-Mart executive, Hank Mullany, as president of Toys “R” U.S., effective Nov. 5.

Urcelay, 61, who joined Toys “R” Us in 1996, had been president of the company's Europe business before being named interim CEO.

September 24, 2013

Sears Canada CEO Calvin McDonald has resigned to take a position with an unnamed international company.

Toronto – Sears Canada CEO Calvin McDonald has resigned to take a position with an unnamed international company. The retailer named COO and executive VP Douglas C. Campbell as president and CEO.

As COO, Campbell was responsible for retail store operations, logistics, replenishment, IT, corporate procurement, and international sourcing. Prior to joining Sears, Campbell was a principal with Boston Consulting Group and also an officer in the U.S. Marine Corps.

July 3, 2013

A lawsuit has been filed against Lululemon Athletica, accusing it of defrauding shareholders by hiding defects in yoga pants whose sheerness led to a costly product recall, and concealing talks that led to the sudden departure of its chief executive, Christine Day.

Vancouver, B.C. -- A lawsuit has been filed against Lululemon Athletica, accusing it of defrauding shareholders by hiding defects in yoga pants whose sheerness led to a costly product recall, and concealing talks that led to the sudden departure of its chief executive, Christine Day.  

February 14, 2013

Michaels Stores has named Chuck Rubin as CEO and a member of the board of directors.

Irving, Texas -- Michaels Stores has named Chuck Rubin as CEO and a member of the board of directors. Rubin is currently the president and CEO of Ulta Beauty.

Rubin will assume his new roles after a brief period of transition, at which time Michaels will discontinue the “Office of the Chief Executive Officer,” established on an interim basis in May 2012. Charles "Chuck" Sonsteby, a member of the Office of the CEO, will continue as Michaels’ CFO and chief administrative officer.

February 13, 2013

The search is on for a new chief executive of Toys “R” Us with the announcement that Gerald L. Storch is stepping down as CEO of the company.

Wayne, N.J. -- The search is on for a new chief executive of Toys “R” Us with the announcement that Gerald L. Storch is stepping down as CEO of the company. The news comes just weeks after the world's largest dedicated toy retailer reported that its same-store U.S. sales fell 4.5% during the holiday season, and that its total sales fell 4.7%. 

January 28, 2013

Macy’s announced a series of changes to its senior executive leadership team, effective immediately.

Cincinnati -- Macy’s on Monday announced a series of changes to its senior executive leadership team, effective immediately. The changes include the creation of the newly-created role of chief omni-channel officer, which will be filled by Robert B. Harrison, previously Macy’s EVP for omni-channel strategy. Harrison, who will join the company’s executive committee, will report directly to Macy’s chief executive Terry Lundgren.
 

January 3, 2013

The hunt is on for a new chief executive at Safeway following the resignation of longtime chairman and CEO Steve Burd.

New York -- The hunt is on for a new chief executive at Safeway following the resignation of longtime chairman and CEO Steve Burd.

Burd, 62, is scheduled to retire at the company’s annual stockholders meeting on May 14 and will aid in the search of his successor that is said to include internal and external candidates. Burd joined Safeway in October 1992 as president and was appointed CEO in May of the following year.

December 27, 2012

Some are merchants, with long careers in brick-and-mortar stores. Others are tech trailblazers, using new media to match merchandise and buyers. Others are influencing retail in less direct, but no less significant, ways. All share an ability to create new opportunities and, in their own way, are looking to reinvent the shopping experience. And all wield a great deal of influence in today’s complex retail landscape.

October 10, 2012

Following earlier reports that Shopko CEO Paul Jones had departed the company to pursue another opportunity, Payless Holdings has announced that Jones has stepped in as chief executive for the shoe chain.

Topeka, Kan. -- Following earlier reports on Wednesday that Shopko CEO Paul Jones had departed the company to pursue another opportunity, Payless Holdings has announced that Jones has stepped in as chief executive for the shoe chain.

Jones, whose appointment is effective Oct. 22 and whose retail history includes executive positions with Sears and Kohl’s, will be based in Topeka.

August 20, 2012

Best Buy Co. has named Hubert Joly, the former chief executive of global hospitality company Carlson, as the chain's new CEO and president.

Minneapolis -- Best Buy Co. has named Hubert Joly, the former chief executive of global hospitality company Carlson, as the chain's new CEO and president. Carlson, which operates such businesses as Radisson and T.G.I Friday's, announced Sunday that Joly resigned from that company.

August 15, 2012

Don’t let the grocery sector shake-ups fool you.

While there are individual failures, the category as a whole continues to find favor among developers that place a premium on having a traffic magnet in their shopping centers.

June 18, 2012

In an announcement that caught the retail industry by surprise, J.C. Penney Co. said that Michael Francis will be leaving the company, effective June 18.

Plano, Texas -- In an announcement that caught the retail industry by surprise, J.C. Penney Co. said that Michael Francis will be leaving the company, effective June 18. Chief executive Ron Johnson will assume direct responsibility and oversight of the company's marketing and merchandising functions.