Content about chief executive

July 6, 2013

Honeywell chairman and CEO Dave Cote has been named CEO of the Year by Chief Executive Magazine. Cote will be featured on the cover of the magazine’s July issue as well as on ChiefExecutive.net.

MORRIS TOWNSHIP, N.J. — Honeywell chairman and CEO Dave Cote has been named CEO of the Year by Chief Executive Magazine. Cote will be featured on the cover of the magazine’s July issue as well as on ChiefExecutive.net.

The award recognizes the transformation of Honeywell under Cote’s leadership throughout the past decade. During that time, Honeywell has increased sales by 71% to $37.7 billion and has consistently outperformed the S&P 500 during that timeframe.

May 15, 2013

SpongeBob and Patrick are heading to Build-A-Bear Workshop thanks to an agreement between the retailer and Nickelodeon. Beginning Friday, May 17, customers will be able to make their own SpongeBob and Patrick dolls at Build-A-Bear Workshop stores.

ST. LOUIS — SpongeBob and Patrick are heading to Build-A-Bear Workshop thanks to an agreement between the retailer and Nickelodeon. Beginning Friday, May 17, customers will be able to make their own SpongeBob and Patrick dolls at Build-A-Bear Workshop stores throughout North America and on the retailer’s e-commerce site for $23 apiece.  

SpongeBob’s Bikini Bottom friends Sandy Cheeks and Gary the Snail will also be available as pre-stuffed minis for $10 each.

February 22, 2013

Walgreens on Friday will open the doors to "Wag U," an internal education center replete with technology-enhanced classrooms, a mock drug store and video-conferencing capabilities.

DEERFIELD, Ill. — Walgreens on Friday will open the doors to "Wag U," an internal education center replete with technology-enhanced classrooms, a mock drug store and video-conferencing capabilities. The new learning center will be the base of operations for employee educational programs offered online and in regional locations nationwide. 

January 8, 2013

Just when things seem to be looking up for Sears Holdings, chairman Edward Lampert will assume the additional responsibilities of CEO following the revelation that current chief executive Lou D’Ambrosio will leave the company for family medical reasons.

Just when things seem to be looking up for Sears Holdings, chairman Edward Lampert will assume the additional responsibilities of CEO following the revelation that current chief executive Lou D’Ambrosio will leave the company for family medical reasons.

News of D’Amrosio’s departure comes as the Sears Holdings preannounced improved profitability for the fist nine weeks of the fourth quarter and fiscal year ending February 2, D’Amrosio’s last day.

January 3, 2013

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

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 14, 2012

Executives at Coach, Sherwin-Williams, Ross and TJX Companies were among the top wealth creators identified by Chief Executive magazine’s 5th annual Wealth Creation Index.

Executives at Coach, Sherwin-Williams, Ross and TJX Companies were among the top wealth creators identified by Chief Executive magazine’s 5th annual Wealth Creation Index.

Lew Frankfort, CEO at Coach topped the list with Sherwin-Williams CEO Christopher Connor and AutoZone CEO William Rhodes, ranked 14th and 16th, respectively. Other top wealth creators included 27th ranked Ross Stores CEO Michael Balmuth and TJX CEO Carol Meyerowitz. Bed Bath & Beyond CEO Steven Temares was ranked 59th and Amazon.com CEO Jess Bezos was 75th.

June 7, 2012

Tuesday Morning has ousted president and CEO Kathleen Mason and has begun a search for a new chief executive.

DALLAS — Tuesday Morning has ousted president and CEO Kathleen Mason and has begun a search for a new chief executive. Michael Marchetti, EVP and COO, has been promoted to president and COO and will serve as interim CEO until a replacement is found. Melinda Page, SVP, general merchandise manager has been promoted to EVP and chief merchandise officer and Seth Marks SVP of alternative sourcing and e-commerce has been promoted to SVP and chief marketing officer.

May 16, 2012

The steady erosion of newspaper circulations naturally has led many to predict that the printed ad circular is not much long for this world and will quickly disappear as consumers demand more digitized ads and coupons. Last year, the Associated Press, along with 32 other publishers and 30 retailers, launched iCircular to help stave off declining ad revenue. Even Google has jumped into the fray with the launch of Google Circulars, a service that creates digital versions of full-page print inserts normally found in newspapers, with the goal of “trying to get online visitors into [offline] stores.” From the stark decline in demand for print publications, it appears that printed circulars are well on their way to extinction…or are they?

The steady erosion of newspaper circulations naturally has led many to predict that the printed ad circular is not much long for this world and will quickly disappear as consumers demand more digitized ads and coupons. Last year, the Associated Press, along with 32 other publishers and 30 retailers, launched iCircular to help stave off declining ad revenue.

April 11, 2012

Best Buy’s announcement on Tuesday morning that its CEO Brian Dunn had resigned the company by mutual agreement has been updated with information that a review is being conducted concerning the former chief executive’s personal conduct.

MINNEAPOLIS — Best Buy’s announcement on Tuesday morning that its CEO Brian Dunn had resigned the company by mutual agreement has been updated with information that a review is being conducted concerning the former chief executive’s personal conduct.

Best Buy initially said that there were no disagreements or specific problems related to the retailer’s operations, financial controls or procedures. But later in the day on Tuesday it said the company was conducting an internal investigation into his “personal conduct.”

December 15, 2011

Ric Jurgens, chairman and CEO of Midwestern supermarket chain Hy-Vee, will retire on June 1, the company said Wednesday.

WEST DES MOINES, Iowa — Ric Jurgens, chairman and CEO of Midwestern supermarket chain Hy-Vee, will retire on June 1, the company said Wednesday.

Jurgens, 62, began working for Hy-Vee 42 years ago while a student at Iowa State University, taking a full-time position after his graduation. In 1995, he was named SVP and chief administrative officer, becoming president in 2001, CEO in 2003 and chairman in 2006. Jurgens said he will ask the company's board of directors to elect president and COO Randy Edeker as chairman and CEO.

January 24, 2011

J.C. Penney on Monday unveiled a restructuring plan, which includes close five department stores and one home store, because they are no longer profitable enough.

DALLAS -- J.C. Penney on Monday unveiled a restructuring plan, which includes close five department stores and one home store, because they are no longer profitable enough. The retailer named William Ackman to its board after the activist investor became its biggest shareholder

January 17, 2011

The shareholders of South African Massmart chain have overwhelmingly accepted Wal-Mart's offer to buy 51% of their company, the chief executive said Monday, paving the way for Wal-Mart to enter Africa.

NEW YORK -- The shareholders of South African Massmart chain have overwhelmingly accepted Wal-Mart's offer to buy 51% of their company, the chief executive said Monday, paving the way for Wal-Mart to enter Africa.

Massmart said the proposal was approved by 97% of shareholders who voted Monday -- 75% approval had been needed. Wal-Mart offered 148 rand (about $20) per share in a 17 billion rand (about $2 billion) deal.

The deal will have to be approved by South Africa's anti-monopoly regulators.

December 23, 2010

Connecting Northwest Arkansas earlier this month published the results of a survey of Walmart suppliers that revealed some interesting insights and this week spawned a few inaccurate headlines from various news organizations. The most notable was a headline on a Bloomberg story, which said Walmart suppliers lacked confidence in company CEO Mike Duke and that senior managers were explaining the company’s strategy. That’s a powerful statement and would be quite an indictment of the company’s chief executive and senior leadership team, if it were true.

Connecting Northwest Arkansas earlier this month published the results of a survey of Walmart suppliers that revealed some interesting insights and this week spawned a few inaccurate headlines from various news organizations. The most notable was a headline on a Bloomberg story, which said Walmart suppliers lacked confidence in company CEO Mike Duke and that senior managers were explaining the company’s strategy. That’s a powerful statement and would be quite an indictment of the company’s chief executive and senior leadership team, if it were true.