Content about Board of directors

May 6, 2013
Barington CEO to step into Jones Group board

The Jones Group Inc. has nominated chairman and CEO of Barington Capital Group James A. Mitarotonda to stand for election to the board of directors at the company's 2013 annual meeting of stockholders.

NEW YORK — The Jones Group Inc. has nominated chairman and CEO of Barington Capital Group James A. Mitarotonda to stand for election to the board of directors at the company's 2013 annual meeting of stockholders. 

With the addition of Mitarotonda, the Jones board of directors will expand to 11 members, 8 of whom are independent, 10 of whom are non-management and all of whom are annually elected.  

May 2, 2013
Leadership, board changes at Delia’s

Delia’s has appointed Tracy Gardner as the company’s new chief creative officer, and also as a member of the board of directors. Walter Killough, who back in January announced his intention to step down as CEO April 1, has agreed to remain in the role through August 2.

NEW YORK — Delia’s has appointed Tracy Gardner as the company’s new chief creative officer, and also as a member of the board of directors. Walter Killough, who back in January announced his intention to step down as CEO April 1, has agreed to remain in the role through August 2. 

The company also named Michael Zimmerman chairman of the board, replacing Carter S. Evans, who will remain on the board.

April 30, 2013
Former Sports Authority exec new Big Lots CEO

Big Lots has named David Campisi as its new CEO and president. Campisi succeeds Steve Fishman, who announced in December 2012 his intention to retire upon the appointment of his successor.

COLUMBUS, Ohio — Big Lots has named David Campisi as its new CEO and president. Campisi succeeds Steve Fishman, who announced in December 2012 his intention to retire upon the appointment of his successor. 

Fishman will also step down from the board of directors immediately following the 2013 annual meeting of shareholders on May 30, at which time Campisi will be appointed as a director. The board also plans to elect a non-executive chairman of the board.

April 22, 2013
NACDS, foundation announce new board members

During the National Association of Chain Drug Stores Annual Meeting today, the association elected the new officers, two new executive committee members and four new board of directors members for the coming year. The NACDS Foundation also announced the addition of five new members.

PALM BEACH, Fla. — During the National Association of Chain Drug Stores Annual Meeting today, the association elected the new officers, two new executive committee members and four new board of directors members for the coming year. The NACDS Foundation also announced the addition of five new members. 

Robert Narveson, president and CEO of Thrifty White Pharmacy, was elected as the new NACDS chairman of the board of directors, succeeding Gregory Wasson, president and CEO of Walgreens.

April 15, 2013
Overstock founder returns as CEO

Overstock.com founder Patrick M. Byrne has returned as CEO of online discount retailer.

SALT LAKE CITY — Overstock.com founder Patrick M. Byrne has returned as CEO of online discount retailer.

Byrne took a medical leave of absence in February to address cardiac issues thought to be associated with cancer treatments received much earlier in his life. 

April 4, 2013
Brookstone names new CEO

Brookstone announced that it has accepted the resignation of Stephen Bebis, its president and CEO and a member of the company's board of directors.

MERRIMACK, N.H. — Brookstone announced that it has accepted the resignation of Stephen Bebis, its president and CEO and a member of the company's board of directors. Bebis' resignation will be effective April 4. Bebis joined Brookstone in May 2012.  

Effective upon Bebis' resignation, James M. Speltz, the company's VP, COO has been appointed as the company's new president and CEO.

February 25, 2013
Barnes & Noble considers sale to company chairman

Barnes & Noble founder and chairman, Leonard Riggio, has notified the company's board of directors of his intentions to purchase the company's retail business.

NEW YORK — Barnes & Noble founder and chairman, Leonard Riggio, has notified the company's board of directors of his intentions to purchase the company's retail business. 

January 28, 2013
Best Buy chief joins RILA board

The Retail Industry Leaders Association (RILA) added five industry executives to its board of directors during its semi-annual meeting on Jan. 28 in Los Angeles, Calif.

LOS ANGELES, Calif. — The Retail Industry Leaders Association (RILA) added five industry executives to its board of directors during its semi-annual meeting on Jan. 28 in Los Angeles, Calif. Also as a part of the meeting, Walmart president and CEO Bill Simon was re-elected to the board. Executives joining the board are elected to serve two-year terms. 

Joining the RILA board of directors are:

January 4, 2013
Coinstar shakes up executive leadership positions

Coinstar, a leading provider of automated retail solutions, has appointed its current CFO J. Scott Di Valerio as new CEO, effective April 1. At that time, Di Valerio will also be appointed to the Coinstar board of directors.

BELLEVUE, Wash. — Coinstar, a leading provider of automated retail solutions, has appointed its current CFO J. Scott Di Valerio as new CEO, effective April 1. At that time, Di Valerio will also be appointed to the Coinstar board of directors.

Di Valerio succeeds Paul Davis, who is retiring on March 31, and will remain a member of the board until then.

Di Valerio has been CFO at Coinstar since 2010, and has overseen Coinstar's corporate information technology and supply chain functions.

December 17, 2012
Buyout drama extended at Best Buy

February 2013 promises to be an interesting month at Best Buy following the retailer’s decision to extend the timeframe for company founder and former chairman Richard Schulze to submit a potential buyout offer.

February 2013 promises to be an interesting month at Best Buy following the retailer’s decision to extend the timeframe for company founder and former chairman Richard Schulze to submit a potential buyout offer.

Schulze will have the entire month of February to present an offer and then the board will review the offer within 30 days to determine if it is in the best interests of shareholders.

December 5, 2012
Dollar General adds foodie and financial experience to its board

Dollar General has elected Sandy Cochran, president and CEO of Cracker Barrel Old Country Store, to its board of directors, effective December 5.

GOODLETTSVILLE, Tenn. — Dollar General has elected Sandy Cochran, president and CEO of Cracker Barrel Old Country Store, to its board of directors, effective December 5.

“We are excited to add Sandy to the Dollar General board of directors,” said Rick Dreiling, Dollar General’s chairman and CEO. “Sandy’s extensive experience and perspective will provide us with valuable insights as we continue to grow our business. Her expertise will complement our board as we strive to build shareholder value.”

October 5, 2012
Wet Seal saga ends with Clinton Group on top

Wet Seal, just days after encouraging its shareholders to reject efforts by Clinton Group to replace its board of directors, reached an agreement with Clinton Group giving them four spots on its board of directors.

FOOTHILL RANCH, Calif. — Wet Seal, just days after encouraging its shareholders to reject efforts by Clinton Group to replace its board of directors, reached an agreement with Clinton Group giving them four spots on its board of directors.

As part of the settlement agreement, Clinton Group, which beneficially owns approximately 6.9% of Wet Seal common stock, has terminated its consent solicitation. In addition, Jonathan Duskin, Sidney Horn, Hal Kahn and Henry Winterstern have resigned from the board of directors.

August 6, 2012
Investment law firm looking into Best Buy matter

Harwood Feffer LLP, a law firm that represents investors and investment groups, announced that it is investigating potential claims against the board of directors of Best Buy, concerning whether the board is fulfilling its fiduciary duties to shareholders in connection with an offer from the company's founder and former CEO, Richard Schulze, to take the company private.

NEW YORK — Harwood Feffer LLP, a law firm that represents investors and investment groups, announced that it is investigating potential claims against the board of directors of Best Buy, concerning whether the board is fulfilling its fiduciary duties to shareholders in connection with an offer from the company's founder and former CEO, Richard Schulze, to take the company private.

June 18, 2012
PetSmart delivers value to shareholders with dividend increase

PetSmart shareholders should be pretty pleased with their investment now that the company's board of directors has raised the quarterly dividend.

PHOENIX — PetSmart shareholders should be pretty pleased with their investment now that the company's board of directors has raised the quarterly dividend. The board has approved an 18% increase to PetSmart's quarterly dividend, from 14 cents to 16.5 cents per share beginning in the second quarter of fiscal 2012.

June 15, 2012
Dollar Tree re-elects board members

Dollar Tree shareholders have re-elected a number of board members among other initiatives passed at the company's annual meeting.

CHESAPEAKE, Va. — Dollar Tree shareholders have re-elected a number of board members among other initiatives passed at the company's annual meeting.

Shareholders re-elected Arnold S. Barron, Macon F. Brock, Jr., Mary Anne Citrino, J. Douglas Perry, Thomas A. Saunders III, Thomas E. Whiddon, and Carl P. Zeithaml to serve on the board of directors. Each of these Directors received a majority of the votes cast at the meeting.

March 16, 2012
Executives from P&G, Macy's nominated to serve on Kraft Foods board

Kraft Foods has nominated two candidates to serve on the company's board of directors.

NORTHFIELD, Ill. — Kraft Foods has nominated two candidates to serve on the company's board of directors.

February 24, 2012
Kenneth Cole chair sees future in 'going private'

Kenneth Cole Productions' board of directors has formed a special committee of independent directors to consider a non-binding proposal from Kenneth Cole, chairman and chief creative officer, that would take the company private.

NEW YORK — Kenneth Cole Productions' board of directors has formed a special committee of independent directors to consider a non-binding proposal from Kenneth Cole, chairman and chief creative officer, that would take the company private.

January 27, 2012
Lowe's board looks to Dollar General leadership

Lowe’s has announced that Richard Dreiling has joined its board of directors.

MOORESVILLE, N.C. — Lowe’s has announced that Richard Dreiling has joined its board of directors. He will serve on the board’s audit and governance committees. The announcement brings Lowe’s board of directors to 12 members, 11 of whom are independent.

January 15, 2012
Ralcorp, Post directors revealed

The boards of directors for Ralcorp Holdings' Ralcorp and Post divisions were unveiled Friday by the company.

ST. LOUIS — The boards of directors for Ralcorp Holdings' Ralcorp and Post divisions were unveiled Friday by the company.

As previously reported, Ralcorp said its Post cereal business will be spun off to become its own entity.

September 22, 2011
Tuesday Morning names new board member

Tuesday Morning announced that its board of directors has appointed Sheldon Stein to serve as a director of the company, effective Sept. 20.

DALLAS — Tuesday Morning announced that its board of directors has appointed Sheldon Stein to serve as a director of the company, effective Sept. 20.

September 13, 2011
GMDC names new board members

The Global Market Development Center announced that its members have elected two new board members to serve in two-year terms on their board of directors.

PHOENIX, Ariz. — The Global Market Development Center announced that its members have elected two new board members to serve in two-year terms on their board of directors: Mike Petocchi, business group manager HBC/cosmetics with Wegmans Food Markets; and former GMDC chairman of the board, Jim Wonderly, VP grocery non-foods/GM Ahold USA.

July 6, 2011
Smart Balance adds two directors to board

Smart Balance announced that its board of directors has appointed Dean Hollis and Thomas McInerney as independent directors, expanding its members from eight to 10.

PARAMUS, N.J. — Smart Balance announced that its board of directors has appointed Dean Hollis and Thomas McInerney as independent directors, expanding its members from eight to 10.  

Currently, Hollis is a senior advisor for Oaktree Capital Management, an $85 billion investment firm.  In addition, he oversees several privately held investments and serves on several boards, including Advance Pierre Foods, Landec Corporation, Earth Analytics Group, and Adams Land and Cattle Company.  

June 13, 2011
Shareholders express their dissent in different ways

All board members were re-elected by an overwhelmingly large margin, however some shareholders expressed a dislike for Anne Mulcahy as she drew the largest number of negative votes by a wide margin.

All board members were re-elected by an overwhelmingly large margin, however some shareholders expressed a dislike for Anne Mulcahy as she drew the largest number of negative votes by a wide margin.

Mulcahy is probably best known as CEO of Xerox from 2001 to 2009, and she also served as chairman of the company’s board from 2002 to 2010. She currently chairs the board of trustees of the Save The Children Foundation and serves as a director of The Washington Post Company and Johnson & Johnson. She is a past director of Citigroup.

June 9, 2011
Blake Nordstrom joins Whole Foods Market board

Whole Foods Market announced the addition of Blake W. Nordstrom to the company's board of directors, increasing the size of the board to 12 members. He will serve on the audit committee.

AUSTIN, Texas -- Whole Foods Market announced the addition of Blake W. Nordstrom to the company's board of directors, increasing the size of the board to 12 members. He will serve on the audit committee.

Nordstrom, 50, has been president of Nordstrom since 2000 and has served as a member of the company's board of directors since 2005. 

May 18, 2011
Hershey CEO gets new gig at Del Monte

Del Monte Foods Co. announced that it has appointed David West as its new CEO, effective Aug. 15. West will also join the company's board of directors in June.

SAN FRANCISCO — Del Monte Foods Co. announced that it has appointed David West as its new CEO, effective Aug. 15. West will also join the company's board of directors in June.