Content about Cornell University

March 12, 2012

Less than two months after resigning as president and CEO of Sam’s Club, Brian Cornell has landed at Purchase, N.Y.-based PepsiCo where he will serve as CEO of the company’s North American food division reporting to chairman and CEO Indra Nooyi.

PURCHASE, N.Y. — Less than two months after resigning as president and CEO of Sam’s Club, Brian Cornell has landed at Purchase, N.Y.-based PepsiCo where he will serve as CEO of the company’s North American food division reporting to chairman and CEO Indra Nooyi.

Cornell will be responsible for Frito-Lay North America, Quaker Foods & Snacks North America, PepsiCo Mexico, South America Foods, PepsiCo customer teams and all of PepsiCo’s Power of One activities within the Americas. 

February 10, 2012

Recently departed Sam’s Club president and CEO Brian Cornell is a little like legendary Cleveland Browns running back Jim Brown in that both walked away from their professions at the height of their careers. However, unlike Brown who gave up football for good after his best season ever, no one is expecting Cornell to stay retired.

Recently departed Sam’s Club president and CEO Brian Cornell is a little like legendary Cleveland Browns running back Jim Brown in that both walked away from their professions at the height of their careers. However, unlike Brown who gave up football for good after his best season ever, no one is expecting Cornell to stay retired.

January 20, 2012

In an unexpected turn of events, Brian Cornell is stepping down as Sam’s Club president and CEO and will be replaced by Rosalind Brewer who currently serves as president of the Walmart U.S. East business unit.

BENTONVILLE, Ark. — In an unexpected turn of events, Brian Cornell is stepping down as Sam’s Club president and CEO and will be replaced by Rosalind Brewer who currently serves as president of the Walmart U.S. East business unit. The company announced a number of other senior personnel changes as well in advance of new fiscal year.

November 18, 2011

Sam’s Club president and CEO Brian Cornell may have been the last of Walmart’s three divisional presidents to speak on the company’s conference call, but he had the best news to share.

Sam’s Club president and CEO Brian Cornell may have been the last of Walmart’s three divisional presidents to speak on the company’s conference call, but he had the best news to share.

Sam’s produced a 5.7% third-quarter same-store sales increase that was unaided by fuel prices, and Cornell indicated the string of seven consecutive quarters of sequentially increasing comps could be extended in the fourth quarter, with guidance that set 6% as the upper end of the forecast range. 

March 10, 2011

Have you noticed lately how discussions of the Sam’s Club business include references to Sam’s international presence? First it was Sam’s president and CEO Brian Cornell during the fourth-quarter conference call when he said, “We continue to see growth in the Sam’s Club brand in our international markets as Doug (international division president and CEO Doug McMillon) and his team opened 14 new Sam’s Clubs this fiscal year. We continue to work with the international team to share best practices across the organization to ensure we’re meeting our members’ need both in the United States and around the world.”

Then, earlier this week at an investor conference in Orlando, Cornell was talking about Sam’s international presence again.

Have you noticed lately how discussions of the Sam’s Club business include references to Sam’s international presence? First it was Sam’s president and CEO Brian Cornell during the fourth-quarter conference call when he said, “We continue to see growth in the Sam’s Club brand in our international markets as Doug (international division president and CEO Doug McMillon) and his team opened 14 new Sam’s Clubs this fiscal year.