Content about president and CEO

SEATTLE — Blue Nile, an online retailer of diamonds and fine jewelry, has appointed former Aeropostale co-CEO Mindy Meads to its board of directors. 

Meads has 35 years of experience in the global apparel industry. She currently serves on two public boards — Wet Seal, a specialty teen brand, and Mela Sciences, a bio tech company. In these roles, she provides strategic counsel focused on growth and the use of multichannel business strategies.

ATLANTA — Elavon, a leading global payments provider and wholly owned subsidiary of U.S. Bancorp, has promoted Simon Haslam to the position of president and CEO. Haslam succeeds Mike Passilla, who recently departed the company.

Haslam joined Elavon in 2005 and was president of Elavon International Markets. He is credited with leading Elavon’s successful expansion throughout Europe, South America and Latin America, including the company’s recently completed joint venture with Banco Santander.

NAPERVILLE, Ill. — Declines in technology product category sales and decreased foot traffic at its stores affected OfficeMax’s results for its fiscal first quarter ended March 30, 2013. 

A new ad campaign that seeks to show "the real Walmart" from the perspective of customers, employees and suppliers is sure to ignite renewed debate over the company’s impact.

WOONSOCKET, R.I. — The year appears to be off to a good start and CVS Caremark executives were optimistic Wednesday morning as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.
 

PORTLAND, Ore. — Columbia Sportswear Company has appointed Shawn Cox as SVP of retail, a newly created position that will report directly to president and CEO Tim Boyle.

In his new role, Cox, 49, will be responsible for leading the company’s brick-and-mortar retail and e-commerce operations in the U.S., Europe and Canada.

Cox has 24 years of experience developing, managing and improving profitability of branded retail networks with operations in the U.S., Europe, South America, Middle East and Asia.

MINNEAPOLIS — Supervalu reported sales of $3.89 billion and a loss of $1.41 billion in fourth quarter 2013, compared with sales of $3.98 billion and a loss of $424 million in fourth quarter 2012.
 
For the fiscal year, sales were $17.1 billion, compared with $17.3 billion in fiscal year 2012, while the company incurred a loss of $1.46 billion, compared with a $1.04 billion loss the year before.
 

The National Retail Federation applauded a Senate vote to proceed with debate on S.743, an act to level the sales tax field for online and brick-and-mortar stores. 

NRF president and CEO Matthew Shay issued the following statement: “NRF applauds today’s Senate vote on the Marketplace Fairness Act and we commend Senators Enzi, Durbin, Alexander and Heitkamp for their skilled leadership in moving this legislation ahead.”


The Grocery Manufacturers Association (GMA) on Wednesday launched an interactive web-based tool for consumers that supports the Facts Up Front nutrition labeling initiative launched by GMA and the Food Marketing Institute (FMI) in 2011.

With Facts Up Front, characterized by the trade group as the most significant reform of food and beverage labels in over 20 years, important information from the Nutrition Facts Panel on the back of food and beverage products are displayed in a simple and easy-to-use format on the front of products.

True Value president and CEO Lyle Heidemann plans to retire May 31.

John Hartmann has been appointed as the company’s new president and CEO, following the retirement of Heidemann. Heidemann will continue to serve True Value through the end of 2013 as an adviser.

OAK BROOK, Ill. — Toy manufacturer, Tomy International has promoted Gregory Kilrea to president and CEO and Masayuki Nagatake to COO. The board of directors of Tomy Company, Ltd. has approved these appointments as Curtis Stoelting resigns from his positions as CEO and director of TOMY Company, Ltd. to pursue other business opportunities. 

Kilrea has been with the company since 2004, having served most recently as president of Tomy International, and prior to that as the company's EVP and COO.