Content about Corporate governance

May 14, 2012
New chairman named at Best Buy, results of Dunn investigation revealed

A new era is emerging at Best Buy as the company tries to come back from the fallout over disgraced former CEO Brian Dunn and re-establish itself is the dominant player in the CE space.

May 3, 2012
Major Walmart shareholder urges rejection of key board members at annual meeting

It’s looking like Walmart’s upcoming annual meeting is going to be a bittersweet affair as the company observes its 50th anniversary against the backdrop of an unfolding Mexican bribery scandal and an appeal from a major shareholder this week urging a no vote on five board members.

April 25, 2012
Search for Children's Place CFO ends with former Limited exec

More than a year after The Children's Place Retail Stores began its search for a new chief financial officer, following the departure of EVP finance and adminstration, Susan Riley, the company has named Steven Baginski as CFO. He will report to Eric Bauer, COO. 

April 10, 2012
Former Giant Eagle CFO takes talents to Family Dollar

Family Dollar Stores has named Mary Winston to the position of EVP and CFO.

March 14, 2012
New CFO to lead new era at A&P

A&P has emerged from Chapter 11, and tasked with ensuring the company stays on sure financial footing is Raymond Silcock, who has been promoted to the role of CFO reporting to president and CEO Sam Martin.

February 24, 2012
Kenneth Cole chair sees future in 'going private'

Kenneth Cole Productions' board of directors has formed a special committee of independent directors to consider a non-binding proposal from Kenneth Cole, chairman and chief creative officer, that would take the company private.

January 31, 2012
Bon-Ton CEO takes on chairman role

The Bon-Ton Stores announced Tuesday that its board of directors has elected president and CEO Bud Bergren to the additional role of chairman of the board.

January 30, 2012
Internal talent tapped for CFO job

The appointment of 16-year Target veteran John Mulligan as the company’s new CFO makes a lot of sense as Target will benefit from continuity of leadership in its finance department.

January 27, 2012
Lowe's board looks to Dollar General leadership

Lowe’s has announced that Richard Dreiling has joined its board of directors.

November 1, 2011
Target future uncertain following CFO retirement

Target announced that Doug Scovanner will retire as EVP and CFO on March 31, 2012.

October 21, 2011
Barnes & Noble searches for new CFO

Barnes & Noble has announced that Joseph Lombardi, CFO, has resigned from his current position, but will remain a non-officer employee until mid-2012 to assist in the transition as the company undertakes an executive search for a new CFO.

June 23, 2011
Long-time food retail exec named CFO at Chico's

Chico's has named Pamela Knous EVP, CFO and chief accounting officer.

June 9, 2011
Blake Nordstrom joins Whole Foods Market board

Whole Foods Market announced the addition of Blake W. Nordstrom to the company's board of directors, increasing the size of the board to 12 members. He will serve on the audit committee.

May 25, 2011
Royal Ahold's Ross to serve as Avon's financial chief

Royal Ahold executive Kimberly Ross is joining beauty company Avon as EVP and CFO, reporting to Andrea Jung, Avon's chairman and CEO.

April 22, 2011
Former Disney exec named PacSun CFO

A former Disney executive has been tasked with overseeing the financial performance of Pacific Sunwear of California, a retailer which recently reported a 7% decline in same-store sales and a net loss of $35 million for its 2010 fourth quarter.

April 4, 2011
HSN names new head of corporate strategy

HSN announced that Mitchell Hara has been appointed SVP corporate strategy/M&A, a newly created position, effective immediately. He will report directly to Judy Schmeling, CFO of HSNi.

April 1, 2011
IdeaVillage names COO

A company that specializes in "As Seen on TV" products has named a new chief operating officer.

March 2, 2011
Forest City names Charles Ratner chairman, David LaRue president/CEO

Forest City Enterprises announced Tuesday that, as part of the company’s succession planning process, current president and CEO Charles A. Ratner will become chairman of the board, and will be succeeded as president and CEO by David J. LaRue, currently executive VP and COO.

February 11, 2011
Riley out at Children's Place, search for CFO begins

The Children's Place Retail Stores announced that Susan Riley, EVP finance and administration, is leaving the company.

February 7, 2011
American Apparel names new CFO

LOS ANGELES -- American Apparel announced Friday that it has named John J. Luttrell as executive VP and CFO, and moved its current CFO Adrian Kowlewski into the position of executive VP corporate strategy, effective Feb. 7.

Luttrell was previously CFO of Gap’s Old Navy brand.

January 14, 2011
CMO to oversee Target's Canadian venture

Target announced that its chief marketing officer, Michael Francis, will serve as the executive committee sponsor of Target’s entrance into the Canadian market. In this role, Francis will oversee the extension of Target’s brand as part of the corporation’s first-ever expansion of its stores beyond the United States, the company reported.

December 11, 2010
Smith assumes CFO post at Supervalu

MINNEAPOLIS - Supervalu named Sherry Smith EVP and CFO. Smith had been the company’s interim CFO. She immediately assumes her new role and will directly report to Craig Herkert, CEO and president.

November 9, 2010
Walmart announces promotions in finance department

Wal-Mart Stores announced that Jeff Davis has been promoted to SVP and treasurer, effective Dec. 1....

September 23, 2010
Duckwall-ALCO names new SVP, CFO

Duckwall-ALCO Stores announced that Wayne Peterson has joined the company as SVP and CFO, effective Sept. 20.

September 22, 2010
Duckwall-ALCO names new SVP, CFO

Duckwall-ALCO Stores announced that Wayne Peterson has joined the company as SVP and CFO, effective...

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