Content about chairman , president and CEO

March 13, 2014

Genesco chairman, president and CEO Robert J. Dennis said that the company’s overall fourth-quarter results were lower than expected, thanks to inconsistent sales patterns and severe winter storms that affected its key markets.

Genesco chairman, president and CEO Robert J. Dennis said that the company’s overall fourth-quarter results were lower than expected, thanks to inconsistent sales patterns and severe winter storms that affected its key markets.

All is not grim, however, as the company is making investments to bolster its omnichannel capabilities, which Dennis expects will protect near-term profitability and allow the company to expand its retail footprint.

March 5, 2014

Ongoing efforts to bolster cyber security at Target will take place under the leadership of an interim chief information officer and several other key positions the company is looking to fill with external candidates.

Ongoing efforts to bolster cyber security at Target will take place under the leadership of an interim chief information officer and several other key positions the company is looking to fill with external candidates.

Earlier this week, Target confirmed that EVP and CIO Beth Jacob has resigned her position and in a statement provided to Retailing Today from Target chairman, president and CEO Gregg Steinhafel made it clear the company is intent on elevating its technology capabilities following last December’s data breach.

February 28, 2014

Roundy's chairman, president and CEO Robert A. Mariano was optimistic following fourth quarter and full year results for the period ended Dec. 28, 2013.

Roundy's chairman, president and CEO Robert A. Mariano was optimistic following fourth quarter and full year results for the period ended Dec. 28, 2013.

The grocer saw a net sales increase of 2% to a little more than $1 billion, with net income at $8.7 million, or $0.19 diluted net earnings per common share. For the full year 2013, the company saw net sales increase by 1.5% to $4 billion. Net income was $34.5 million, or $0.76 diluted net earnings per common share.

February 14, 2014

Despite a challenging retail environment, GNC performed well during the fourth quarter and fiscal year 2013, generating what chairman, president and CEO Joe Fortunato described as solid top and bottom line growth.

Despite a challenging retail environment, GNC performed well during the fourth quarter and fiscal year 2013, generating what chairman, president and CEO Joe Fortunato described as solid top and bottom line growth.

For the quarter, net income slightly rose to $47.7 million from $47.4 million in the same period the prior year.

February 7, 2014

Former Wal-Mart Stores, Inc., president and CEO Mike Duke is among an impressive roster of top business executives slated to participate in a Wall Street Journal executive conference called ECO:nomics – Creating Environmental Capital.

Former Wal-Mart Stores, Inc., president and CEO Mike Duke is among an impressive roster of top business executives slated to participate in a Wall Street Journal executive conference called ECO:nomics — Creating Environmental Capital.

The event, scheduled for April 2-4 at the Bacara Resort in Santa Barbara, Calif., is billed as a day of no holds barred interviews in an interactive format that offers unparalleled networking.

February 5, 2014

Target CFO John Mulligan ably represented the company in testimony before a Senate committee on Tuesday, but the one in the hot seat should have been chairman, president and CEO Gregg Steinhafel.

Target CFO John Mulligan ably represented the company in testimony before a Senate committee on Tuesday, but the one in the hot seat should have been chairman, president and CEO Gregg Steinhafel.
 
Recall when the nation’s bankrupt automakers needed a bailout, it was the CEOs of General Motors and Chrysler who appeared before legislators. And when big banks came under fire for their role in the housing crisis it was the financial firms’ CEOs who endured lawmakers pointed questions.

January 27, 2014

Dollar General chairman and CEO Rick Dreiling was elected chairman of the Retail Industry Leaders Association (RILA) to fill a position held the past two years by Target chairman, president and CEO Gregg Steinhafel.

Dollar General chairman and CEO Rick Dreiling was elected chairman of the Retail Industry Leaders Association (RILA) to fill a position held the past two years by Target chairman, president and CEO Gregg Steinhafel.

Dreiling’s appointment was announced at RILA’s semi-annual board of directors meeting held Sunday in Naples, Fla. Steinhafel will continue to serve as a member of organization’s executive committee.

January 17, 2014

Big data, the cloud and cognitive systems that learn are transforming the future of retail and IBM chairman, president and CEO Ginni Rometty explained during a stimulating and insightful presentation at the National Retail Federation’s annual convention.

Big data, the cloud and cognitive systems that learn are transforming the future of retail and IBM chairman, president and CEO Ginni Rometty explained during a stimulating and insightful presentation at the National Retail Federation’s annual convention.

“We’ve clearly entered a world that is mobile first,” Rometty said. “It is easy to say, but hard to do.”

January 8, 2014

Macy’s rocked the retail world late Wednesday announcing record holiday sales and elevating its profit forecast while simultaneously cutting 2,500 jobs and detailing plans to close five stores.

Macy’s rocked the retail world late Wednesday announcing record holiday sales while simultaneously cutting 2,500 jobs and detailing plans to close five stores.

November 8, 2013

Aaron's has promoted VP of finance Steven A. Michaels to VP of strategic planning and business development. Additionally, Robert W. Kamerschen, SVP and general counsel, will add corporate secretary to his responsibilities, and Kimberly R. Rivera is joining the company as VP of learning and development.

Aaron's has promoted VP of finance Steven A. Michaels to VP of strategic planning and business development. Additionally, Robert W. Kamerschen, SVP and general counsel, will add corporate secretary to his responsibilities, and Kimberly R. Rivera is joining the company as VP of learning and development.

"This is an exciting time for all members of Aaron's as we continue to strengthen our management team and build a platform for sustainable growth," said Ronald W. Allen, Aaron's chairman, president and CEO.

October 25, 2013

It was steady as she goes at Procter & Gamble during the company’s first quarter as the nation’s largest consumer packaged goods company generated sales and profits that met expectations.

It was steady as she goes at Procter & Gamble during the company’s first quarter as the nation’s largest consumer packaged goods company generated sales and profits that met expectations.
Sales increased 2% to $21.2 billion and net income increased 8% to slightly more than $3 billion, or $1.04 a share, from $2.8 billion, or 96 cents a share.

September 30, 2013

Macy’s has announced plans to hire 83,000 seasonal employees at its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2013 holiday season, representing a 3.8% increase from last year’s 80,000 seasonal hires.

Macy’s has announced plans to hire 83,000 seasonal employees at its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2013 holiday season, representing a 3.8% increase from last year’s 80,000 seasonal hires. 

August 14, 2013

Disappointing second quarter sales at Macy’s prompted the nation’s leading department store operator to temper its outlook for the remainder of the year, heightening concerns about the health of the consumer just as other major retailers are due to report financial results in the weeks ahead.

Disappointing second quarter sales at Macy’s prompted the nation’s leading department store operator to temper its outlook for the remainder of the year, heightening concerns about the health of the consumer just as other major retailers are due to report financial results in the weeks ahead.

Sales declined 0.8% to slightly more than $6 billion and same store sales fell by a similar amount during the second quarter period ended August 3. Profits increased 7.5% to 72 cents from 67 cents, but that figure was six cents less that analysts forecast.

July 29, 2013

Grainger, a leading broad-line supplier of maintenance, repair and operating products serving businesses and institutions, has appointed Dr. Michael Ali as the company’s SVP and CIO.

CHICAGO — Grainger, a leading broad-line supplier of maintenance, repair and operating products serving businesses and institutions, has appointed Dr. Michael Ali as the company’s SVP and CIO. He replaces Tim Ferrarell, who has assumed the new role of SVP, innovation and continuous improvement.

July 24, 2013

Veteran CPG industry executive Richard Lenny was named chairman of the board at Information Resources, Inc., filling the position previously held by Lawrence Benjamin who will remain on the board.

Veteran CPG industry executive Richard Lenny was named chairman of the board at Information Resources, Inc., filling the position previously held by Lawrence Benjamin who will remain on the board.

Lenny previously served as chairman, president and CEO of The Hershey Company and also served as group vice president of Kraft Food and president of Nabisco Biscuit and Snacks. Prior to that he was president of Pillsbury, North America and spent 18 years with Kraft prior to that.

July 23, 2013

Avery Dennison Corporation’s first-quarter 2013 results were in line with its expectations, according to chairman, president and CEO Dean Scarborough.

PASADENA, Calif. — Avery Dennison Corporation’s first-quarter 2013 results were in line with its expectations, according to chairman, president and CEO Dean Scarborough.

The company’s total net sales for the quarter were $1.5 billion, an increase of 4% from $1.4 billion for the same quarter a year ago. Net sales adjusted to exclude the estimated impact of currency translation, product line exits, acquisitions and divestitures increased 4%. 

July 23, 2013

Kohl’s is continuing its partnerships with the American Cancer Society and the Southeast Wisconsin affiliate of Susan G. Komen. To that end, the retailer and its philanthropic platform, Kohl’s Cares, have donated $1.7 million to support and expand education and patient-assistance programs.

MENOMONEE FALLS, Wis. — Kohl’s is continuing its partnerships with the American Cancer Society and the Southeast Wisconsin affiliate of Susan G. Komen. To that end, the retailer and its philanthropic platform, Kohl’s Cares, have donated $1.7 million to support and expand education and patient-assistance programs.

July 2, 2013

GNC Holdings has elected former PetSmart CEO Robert Moran and former Midas CEO Alan Feldman to its board of directors.

PITTSBURGH — GNC Holdings has elected former PetSmart CEO Robert Moran and former Midas CEO Alan Feldman to its board of directors.

"We are pleased to welcome Messrs. Moran and Feldman to the GNC board," stated Joseph Fortunato, GNC chairman, president and CEO. "Their extensive experience leading global consumer brands and retail operations, both domestically and overseas, and past experience as CEOs of retail businesses should add significant strength to our board as we execute our future strategies."

June 24, 2013

Target has announced that former PepsiCo and U.S. Cellular executive Mary N. Dillon has resigned from its board of directors. Dillon has sat on the board since 2007.

Ulta Beauty announced that Mary Dillon will be the company's new CEO. She begins her new role July 1, at which time interim CEO Dennis Eck will step down.

Eck has been interim CEO since February, when Chuck Rubin stepped down as president, CEO and director to become CEO at arts and crafts specialty retailer Michaels.

June 3, 2013

Chairman, president and CEO of Macy’s Terry J. Lundgren will be one of three men honored at the 72nd annual Father of the Year awards luncheon to be held Tuesday, June 11, at the Grand Hyatt New York Hotel.

NEW YORK — Chairman, president and CEO of Macy’s Terry J. Lundgren will be one of three men honored at the 72nd annual Father of the Year awards luncheon to be held Tuesday, June 11, at the Grand Hyatt New York Hotel. 

Lundgren will be in the company of President Bill Clinton, founder of the William J. Clinton Foundation and the nation’s 42nd Commander-in-Chief, and Major Jackson Drumgoole II, who served four tours in Iraq. 

May 29, 2013

Foot Locker has appointed former PepsiCo human resources executive Paulette Alviti as the company’s SVP and chief human resources officer.

NEW YORK — Foot Locker has appointed former PepsiCo human resources executive Paulette Alviti as the company’s SVP and chief human resources officer. 

Alviti has an extensive background in human resources, both domestically and internationally, with experience in organizational capability and training, talent acquisition and development, employee engagement and communications for the corporate office and field organization.

May 22, 2013

Kohl’s has appointed Starbucks executive Michelle Gass to the newly created position of chief customer officer. She will report directly to Kohl’s chairman, president and CEO Kevin Mansell.

MENOMONEE FALLS, Wis. — Kohl’s has appointed Starbucks executive Michelle Gass to the newly created position of chief customer officer. She will report directly to Kohl’s chairman, president and CEO Kevin Mansell.

Gass, who joins Kohl’s on June 17, will have leadership responsibility for Kohl’s branding across all channels. She will oversee all marketing efforts, the company’s high growth e-commerce business on Kohls.com and the customer’s total omnichannel experience.

May 2, 2013

Starbucks chairman, president and CEO Howard Schultz announced changes to the company’s senior leadership team, aimed to further accelerate the company’s global growth plans.

Starbucks chairman, president and CEO Howard Schultz announced changes to the company’s senior leadership team, aimed to further accelerate the company’s global growth plans.

April 26, 2013

Supervalu has elected Rite Aid chairman, president and CEO John Standley and Cerberus COO and general counsel Mark A. Neporent to its board of directors.

MINNEAPOLIS — Supervalu has elected Rite Aid chairman, president and CEO John Standley and Cerberus COO and general counsel Mark A. Neporent to its board of directors.
 

April 25, 2013

Aaron's, a lease-to-own retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, has named David L. Buck as its new COO.

ATLANTA — Aaron's, a lease-to-own retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, has named David L. Buck as its new COO.
 
The company’s current COO, Ken Butler, 60, will retire May 1, after 39 years. Butler will also resign from the board of directors.