Content about chairman and CEO

December 23, 2014

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

Retail and consumer products veteran Brian Cornell was named chairman and CEO at Target to fill two of the three roles previously held by the company’s former top executive Gregg Steinhafel.

December 23, 2014

Guitar Center has chosen Darrell Webb to be the company's new president and CEO. From 2011 to 2013, Webb served as chairman and CEO of the Sports Authority. 

Guitar Center has chosen retailing veteran Darrell Webb to be the company's new president and CEO. From 2011 to 2013, Webb served as chairman and CEO of the Sports Authority.

Webb has more than 30 years of experience in retailing and has led several multibillion dollar companies through periods of rapid growth.

December 22, 2014

Despite reporting a 33% year-over-year decline in profits during the third quarter, Pier 1 Imports CEO Alex Smith said he is confident in the chain’s value proposition going forward in 2015.

Despite reporting a 33% year-over-year decline in profits during the third quarter, Pier 1 Imports CEO Alex Smith said he is confident in the chain’s value proposition going forward in 2015.

December 22, 2014

Target chairman and CEO Brian Cornell, who took the helm earlier this year, is making a string of executive changes to help fuel the retailer's digital transformation and enhance the guest experience. 

Target chairman and CEO Brian Cornell, who took the helm earlier this year, is making a string of executive changes to help fuel the retailer's digital transformation and enhance the guest experience.

December 22, 2014

The Home Depot has named Craig Menear, currently president, U.S. retail, as CEO and president, effective November 1, and has elected him to the company's board of directors, effectively immediately. Current chairman and CEO Frank Blake will remain chairman.

The Home Depot has named Craig Menear, currently president, U.S. retail, as CEO and president, effective November 1, and has elected him to the company's board of directors, effectively immediately. Current chairman and CEO Frank Blake will remain chairman.

December 18, 2014

Rite Aid is raising its guidance for 2015 after a big jump in same store sales lifted the company in the third quarter.

Rite Aid is raising its guidance for 2015 after a big jump in same store sales lifted the company in the third quarter.

The company reported third-quarter revenues of $6.7 billion, an increase of 5.3%, driven primarily by same-store sales. Same-store sales for the quarter ended Nov. 29 were up 5.4% overall, including a 1.6% lift in front-end same store sales and a 7.2% increase in pharmacy same store sales.

December 16, 2014

Welcome to the fourth quarter edition of Target Supplier News, your source for fresh perspective and unique insights on the strategies and priorities of this major trading partner.

Welcome to the fourth quarter edition of Target Supplier News, your source for fresh perspective and unique insights on the strategies and priorities of this major trading partner. For a look at what to expect from Target in 2015 and the retailer’s evolving priorities under the leadership of chairman and CEO Brian Cornell click here.

December 16, 2014

In the third quarter 2014 edition of Target Supplier News, check out what’s on the mind of new Target chairman and CEO Brian Cornell as the retailer heads into the holidays and beyond.

In the third quarter 2014 edition of Target Supplier News, check out what’s on the mind of new Target chairman and CEO Brian Cornell as the retailer heads into the holidays and beyond.

 

December 15, 2014

In the third quarter 2014 edition of Target Supplier News, check out what’s on the mind of new Target chairman and CEO Brian Cornell as the retailer heads into the holidays and beyond.

In the third quarter 2014 edition of Target Supplier News, check out what’s on the mind of new Target chairman and CEO Brian Cornell as the retailer heads into the holidays and beyond.

 

December 11, 2014

The coating competition will heat up in March as Lowe’s rolls out HGTV HOME by Sherwin-Williams.

The paint competition will heat up in March as Lowe’s rolls out HGTV HOME by Sherwin-Williams.

The HGTV HOME by Sherwin-Williams product line will feature what both companies describe as “a new and improved interior and exterior paint program.” The line will be available at both Sherwin-Williams' company stores and Lowe's stores nationwide, as well as exclusive line extensions available at Lowe's.

December 9, 2014

Abercrombie & Fitch Co. has turned to a Sears veteran for leadership after longtime and occasionally divisive CEO Michael Jeffries abruptly retired. 

Abercrombie & Fitch Co. has turned to a Sears veteran for leadership after longtime and occasionally divisive CEO Michael Jeffries abruptly retired.

Abercrombie announced it will be run by a newly created Office of the Chairman, which includes former Sears CEO and current non-executive chairman of Abercrombie; COO Jonathan Ramsden; Christos Angelides, who oversees the Abercrombie & Fitch division; and Fran Horowitz, who leads Hollister.

Martinez retired from Sears in 2000 after serving as chairman and CEO there for five years.

December 5, 2014

A cruise industry executive is the newest member of the board of directors for Sears Holdings Corp. 

A cruise industry executive is the newest member of the board of directors for Sears Holdings Corp.

"I am very pleased to welcome Kunal S. Kamlani to our board," said Sears Holdings Chairman and CEO Edward S. Lampert. "His broad-based financial services expertise coupled with leading a company with a strong focus on its customers make him a great fit for our board as we continue our transformation to a member-centric company that leverages Shop Your Way and Integrated Retail."

November 24, 2014

Walmart has appointed Tom Horton, former chairman and CEO of American Airlines, as the 16th member of its board of directors. Horton will also serve on the audit committee.  

Walmart has appointed Tom Horton, former chairman and CEO of American Airlines, as the 16th member of its board of directors. Horton will also serve on the audit committee.  

November 20, 2014

Lost in the crush of holiday related news this week was a supply chain visibility related announcement involving Walmart and an obscure company called I.D. Systems, Inc.

Lost in the crush of holiday related news this week was a supply chain visibility related announcement involving Walmart and an obscure company called I.D. Systems, Inc.

Walmart uses I.D. System’s trailer and tracking management services branded as VeriWise to manage a range of logistics assets. The new development this week involved a three year contract extension whereby Walmart will continue using I.D. System’s services.

November 19, 2014

Same stores sales declined again at Staples North American retail stores in the third quarter, but chairman and CEO Ron Sargent contends the company is gaining momentum on a reinvention strategy.

Same stores sales declined again at Staples North American retail stores in the third quarter, but chairman and CEO Ron Sargent contends the company is gaining momentum on a reinvention strategy.

Sargent is being generous with his usage of the word momentum to describe the performance of the nation’s leading office supplies retailer. The third quarter revealed persistent weakness in retail operations and the international business offset by modest growth in the commercial business.

October 31, 2014

A man behind some of America’s favorite brands will receive the Lifetime Achievement Award from Chief Executive magazine.  Leslie H. Wexner, chairman and CEO of L Brands will be honored at the CEO2CEO Summit conference, Dec. 4, 2014, at the New York Stock Exchange.

A man behind some of America’s favorite brands will receive the Lifetime Achievement Award from Chief Executive magazine.  Leslie H. Wexner, chairman and CEO of L Brands will be honored at the CEO2CEO Summit conference, Dec. 4, 2014, at the New York Stock Exchange.

October 24, 2014

The board of directors of Avery Dennison Corporation has elected Mitchell R. Butier as president and chief operating officer, effective November 1.

The board of directors of Avery Dennison Corp. has elected Mitchell R. Butier as president and chief operating officer, effective November 1.

Butier has been the company’s senior vice president and chief financial officer since June 2010, and will continue to serve as CFO until a successor is named. Dean A. Scarborough continues as chairman and CEO.

October 9, 2014

Family Dollar’s fourth-quarter results were affected by decreased customer traffic, prompting chairman and CEO Howard R. Levine to point out that the company is still in the early stages of its turnaround plan.

 

Family Dollar’s fourth-quarter results were affected by decreased customer traffic, prompting chairman and CEO Howard R. Levine to point out that the company is still in the early stages of its turnaround plan.

October 7, 2014

Despite sluggish comparable store sales in the second quarter, Container Store chairman and CEO Kip Tindell is pleased with the company’s overall earnings performance, driven in part by increased average ticket growth as well as new store growth.

Despite sluggish comparable store sales in the second quarter, Container Store chairman and CEO Kip Tindell is pleased with the company’s overall earnings performance, driven in part by increased average ticket growth as well as new store growth.

October 7, 2014

PepsiCo has appointed Tony West EVP of government affairs, general counsel and corporate secretary, effective Nov. 24. He succeeds Larry Thompson, who is retiring after almost a decade of service.

PepsiCo has appointed Tony West EVP of government affairs, general counsel and corporate secretary, effective Nov. 24. He succeeds Larry Thompson, who is retiring after almost a decade of service.

October 6, 2014

Conn’s has begun exploring a range of strategic alternatives, including a potential sale, while maintaining the company’s long term strategy is viable.

Conn’s has begun exploring a range of strategic alternatives, including a potential sale, while maintaining the company’s long term strategy is viable.

October 1, 2014

First Data Corporation has bolstered its senior leadership team as part of its ongoing transformation from a payments processor to a collaborative technology company and solutions provider for merchants and financial institutions around the world.

First Data Corporation has bolstered its senior leadership team as part of its ongoing transformation from a payments processor to a collaborative technology company and solutions provider for merchants and financial institutions around the world.

The company promoted two executives to new roles: Barry McCarthy to lead four strategic businesses including the STAR Network and Sanjiv Das to lead First Data’s international business. The company has also brought in two new hires: Andrew Gelb to lead the financial services business and Adam Rosman as general counsel.

September 29, 2014

Macy’s is gearing up for the holiday by hiring approximately 86,000 seasonal employees at its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers — a 3.6% increase from last year. In particular, the company’s seasonal workforce has grown in its network of online fulfillment centers thanks to increased sales generated by its omnichannel business strategy.

Macy’s is gearing up for the holiday by hiring approximately 86,000 seasonal employees at its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers — a 3.6% increase from last year. In particular, the company’s seasonal workforce has grown in its network of online fulfillment centers thanks to increased sales generated by its omnichannel business strategy.

September 24, 2014

Procter & Gamble vice chairman Werner Geissler, who is also special adviser to the chairman and CEO, has announced plans to retire from the company Dec. 31, after more than 35 years of service.

Procter & Gamble vice chairman Werner Geissler, who is also special adviser to the chairman and CEO, has announced plans to retire from the company Dec. 31, after more than 35 years of service.

September 19, 2014

The Clorox Company’s board of directors has promoted Benno Dorer to CEO, effective Nov. 20. At that time, Donald R. Knauss will continue serving on the board in a newly created executive chairman role.

The Clorox Company’s board of directors has promoted Benno Dorer to CEO, effective Nov. 20. At that time, Donald R. Knauss will continue serving on the board in a newly created executive chairman role.

Knauss has served as chairman and CEO of the company since October 2006. Since January 2013, Dorer, 50, has served as EVP and chief operating officer, cleaning, international and corporate strategy.