Content about interim CEO

June 19, 2014

American Apparel’s board of directors has voted to remove Dov Charney as chairman and fire him as president and CEO.

American Apparel’s board of directors has voted to remove Dov Charney as chairman and fire him as president and CEO.

It is expected that the termination will be effective following a 30-day cure period required under the terms of Charney’s employment agreement.

For the time being, Charney is suspended from his positions as president and CEO, effective immediately, pending the expiration of the cure period. The board has appointed John Luttrell as interim CEO.

May 30, 2014

Same-store sales declined again last year at Fairway Market and the company reported a record loss, but a new same-day delivery initiative with Google Express in Manhattan offers potential for omnichannel growth.

Same-store sales declined again last year at Fairway Market and the company reported a record loss, but a new same-day delivery initiative with Google Express in Manhattan offers potential for omnichannel growth.
 

May 13, 2014

JDA Software Group, a leading global supply chain planning and execution solutions provider, has appointed Baljit (Bal) Dail, a technology executive who has served as JDA’s chairman since May 2013, as interim CEO, effective immediately, replacing Hamish Brewer, who is leaving the company.

JDA Software Group, a leading global supply chain planning and execution solutions provider, has appointed Baljit (Bal) Dail, a technology executive who has served as JDA’s chairman since May 2013, as interim CEO, effective immediately, replacing Hamish Brewer, who is leaving the company.

Dail will lead the search for a permanent successor to lead the company in the next phase of its strategic growth plan.

March 25, 2014

Gordmans Stores president and CEO Jeff Gordman has resigned his post. According to the company, he is retiring to spend more time with his family as well as to pursue outside interests. Board chairman T. Scott King will serve as interim CEO while the company searches for Gordman’s successor.

Gordmans Stores president and CEO Jeff Gordman has resigned his post. According to the company, he is retiring to spend more time with his family as well as to pursue outside interests. Board chairman T. Scott King will serve as interim CEO while the company searches for Gordman’s successor.

February 25, 2014

EveryWare Global’s board of directors has named Sam Solomon as interim CEO. Solomon is succeeding John Sheppard, who left the company this week.

EveryWare Global’s board of directors has named Sam Solomon as interim CEO. Solomon is succeeding John Sheppard, who left the company this week.

February 14, 2014

Weis Markets has named Jonathan Weis as president and CEO. Weis will retain his role as company vice chairman.

Weis Markets has named Jonathan Weis as president and CEO. Weis will retain his role as company vice chairman.

Weis has been serving as the company's interim CEO. In his new role, Weis will oversee all aspects of the company's retail, supply chain, merchandising, human resources, information technology, finance, real estate and manufacturing operations.

February 6, 2014

Fairway Group Holdings' Herbert Ruetsch plans to retire after 15 years with the company, including the last two years as its CEO. Ruetsch will remain a special adviser to the company and continue to provide input into certain merchandising and product initiatives.

Fairway Group Holdings' Herbert Ruetsch plans to retire after 15 years with the company, including the last two years as its CEO. Ruetsch will remain a special adviser to the company and continue to provide input into certain merchandising and product initiatives.

January 22, 2014

American Eagle Outfitters has named Jay L. Schottenstein, executive chairman of the board, as the company’s interim CEO. Schottenstein takes over for Robert Hanson, who is leaving the company.

American Eagle Outfitters has named Jay L. Schottenstein, executive chairman of the board, as the company’s interim CEO. Schottenstein takes over for Robert Hanson, who is leaving the company.

December 27, 2013

SED International Holdings chairman Sham Gad has assumed the role of CEO at the troubled supply chain management provider and distributor of consumer electronics and small appliances.

SED International Holdings chairman Sham Gad has assumed the role of CEO at the troubled supply chain management provider and distributor of consumer electronics and small appliances.

Gad fills a role previously held by Mike Hagan who was appointed to the position on an interim basis in October following the resignation of former CEO Robert O’Malley.

November 26, 2013

Antonio Urcelay has replaced Gerald Storch as chairman of Toys “R” Us and the retailer also named Richard Markee to its board.

Antonio Urcelay has replaced Gerald Storch as chairman of Toys “R” Us and the retailer also named Richard Markee to its board.

October 16, 2013

Toys “R” Us late Wednesday named Antonio Urcelay CEO and brought in former Walmart executive Hank Mullany to serve in the newly created role of president of U.S. stores.

Toys “R” Us late Wednesday named Antonio Urcelay CEO and brought in former Walmart executive Hank Mullany to serve in the newly created role of president of U.S. stores.

September 23, 2013

Weis Markets president and CEO David J. Hepfinger has left the company to pursue other interests. Company vice chairman Jonathan H. Weis has replaced him as interim CEO, and Robert F. Weis remains the company’s chairman.

Weis Markets president and CEO David J. Hepfinger has left the company to pursue other interests. Company vice chairman Jonathan H. Weis has replaced him as interim CEO, and Robert F. Weis remains the company’s chairman.

August 20, 2013

Although J.C. Penney reported a wider-than-expected loss in the second quarter on a nearly 12% drop in revenue, small signs suggest that interim CEO Myron Ullman may be starting to turn things around.

DALLAS — Although J.C. Penney reported a wider-than-expected loss in the second quarter on a nearly 12% drop in revenue, small signs suggest that interim CEO Myron Ullman may be starting to turn things around.

The quarter was the first entirely under Ullman’s watch. Ullman returned to the retailer in April to undo the strategy put in place by Ron Johnson, who planned to transform J.C. Penney stores into a series of branded in-store shops.

August 20, 2013

Closeout retailer Tuesday Morning has named Michael Rouleau as the company’s CEO. Rouleau, who was appointed interim chief executive in March 2013, will also continue to serve on the company's board of directors, which he joined November 2012.

DALLAS — Closeout retailer Tuesday Morning has named Michael Rouleau as the company’s CEO. Rouleau, who was appointed interim chief executive in March 2013, will also continue to serve on the company's board of directors, which he joined November 2012.

August 13, 2013

J.C. Penney said activist investor Bill Ackman resigned from the company’s board and was replaced by former Federated Department Stores executive Ron Tysoe.

J.C. Penney said activist investor Bill Ackman resigned from the company’s board and was replaced by former Federated Department Stores executive Ron Tysoe.

July 3, 2013

Longtime financial executive and former Walmart U.S. CFO Michael Fung is helping discounter 99 Cents Only modernize inventory systems that have resulted in a series of accounting issues.

Longtime financial executive and former Walmart U.S. CFO Michael Fung is helping discounter 99 Cents Only modernize inventory systems that have resulted in a series of accounting issues.

Fung, 62, retired from Walmart in early 2012, but was called back into service this past January by the private equity owners of 99 Cents Only. Fung was named interim chief administrative officer at the company to oversee finance, information technology and real estate. In addition, 99 Cents Only board member and former Food Lion president and CEO Richard Anicetti was named interim CEO.

July 1, 2013

Famous Brands International, parent company of TCBY Yogurt and Mrs. Fields Cookies, has appointed interim CEO Neal Courtney as the company’s CEO.

Famous Brands International, parent company of TCBY Yogurt and Mrs. Fields Cookies, has appointed interim CEO Neal Courtney as the company’s CEO. Neal had been serving as interim head since February, when then-CEO Tim Casey resigned his post.

June 26, 2013

Stein Mart’s interim CEO Jay Stein has been named CEO.

JACKSONVILLE, Fla. — Stein Mart’s interim CEO Jay Stein has been named CEO. 

"It has been my pleasure to return and lead Stein Mart after nearly two years as interim CEO. Working side-by-side with our wonderful leadership team, we are now enjoying these great results," said Stein. "This is an important time in our company's history and I am very happy to be part of this great organization."

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 11, 2013

The TJX Companies' shareholders elected Dawn Lepore to its board of directors at the company’s annual meeting. Lepore joins 10 ongoing directors who were reelected at the meeting.

FRAMINGHAM, Mass. — The TJX Companies' shareholders elected Dawn Lepore to its board of directors at the company’s annual meeting. Lepore joins 10 ongoing directors who were re-elected at the meeting.

March 4, 2013

Tuesday Morning has named former Michaels Stores president and CEO, Michael Rouleau as its interim CEO.

DALLAS — Tuesday Morning has named former Michaels Stores president and CEO, Michael Rouleau as its interim CEO.

In his role as interim CEO, Rouleau will manage the company's day-to-day operations through the retention of a new CEO. He will continue to serve on the company's board of directors, which he joined in November 2012.

January 24, 2013

Former Food Lion CEO, and current board member for 99 Cents Only Stores, Richard Anicetti, is assuming the role of interim CEO for the discount retailer.

CITY OF COMMERCE, Calif. — Former Food Lion CEO, and current board member for 99 Cents Only Stores, Richard Anicetti, is assuming the role of interim CEO for the discount retailer. In addition, Michael Fung will join the company as interim chief administrative officer overseeing finance, information technology, real estate and various administrative functions of the company.  

In connection with the foregoing changes, Eric Schiffer, Jeff Gold and Howard Gold are no longer employed by the company. 

December 19, 2012

Former Target EVP of stores Troy Risch and former Sam’s Club SVP and GMM Huey Long have joined RadioShack.

Former Target EVP of stores Troy Risch and former Sam’s Club SVP and GMM Huey Long have joined RadioShack.

October 11, 2012

Shopko announced Wednesday that Mike Bettiga has been named interim CEO to replace Paul Jones, who resigned to pursue another opportunity.

GREEN BAY, Wis. — Shopko announced Wednesday that Mike Bettiga has been named interim CEO to replace Paul Jones, who resigned to pursue another opportunity.

Bettiga is a 35-veteran of the company and most recently served as EVP and COO, a role he has held since April 2009. He began his career with Shopko as a pharmacist in 1977, and has held a number of positions during his tenure, including executive leadership of store, pharmacy and optical operations, retail health merchandising and responsibility for the Shopko Express stores.

July 23, 2012

Sears Holdings Corp. said that former interim CEO Bruce Johnson will serve as president and CEO of Sears Hometown and Outlet Stores once the unit is spun off from the retailer.

HOFFMAN ESTATES, Ill. — Sears Holdings Corp. said that former interim CEO Bruce Johnson will serve as president and CEO of Sears Hometown and Outlet Stores once the unit is spun off from the retailer.

Johnson served as interim CEO of Sears Holdings from 2008 to early 2011.
 
Last February, Sears Holdings announced it would spin off its Sears Hometown and Outlet businesses in an effort to raise an expected $400 million to $500 million.