by Mike Duff | Mar 29, 2023 | Featured News, Retail Articles
After 40 years with the company, Macy’s chairman and CEO Jeff Gennette has announced plans to retire in February 2024, in a move that will trigger a succession plan that will make Tony Spring, now executive vice president and Bloomingdale’s chairman and CEO, Macy’s...
by Mike Duff | Feb 3, 2023 | Retail Articles
The board of directors at Kohl’s Corp. has unanimously appointed Tom Kingsbury CEO, the company reported, while reaching an agreement with activist investor Macellum Advisors. Kingsbury has served as interim CEO since December 2, the company. He will continue to serve...
by Mike Duff | Jan 24, 2023 | Retail Articles
CEO and board member Mike Witynski is exiting Dollar Tree, and chairman Rick Dreiling will expand his role to assume the CEO title effective January 29. Dreiling and investment firm Mantle Ridge effectively took control of Dollar Tree last year and began replacing...
by Mike Duff | Jan 9, 2023 | Retail Articles
In a sudden revelation, Heyward Donigan is departing Rite Aid where she was president, CEO and a board member, the company announced, adding that it has appointed Elizabeth “Busy” Burr interim CEO effective immediately. Rite Aid stated that the company has initiated a...
by Peter Giannetti | Nov 11, 2022 | Appliances, Kitchen Electrics
Keurig Dr. Pepper (KDP) reported veteran company leader Bob Gamgort was reappointed CEO after the resignation of Ozan Dokmecioglu from the CEO position he began in July. Dokmecioglu agreed to resign because of violations of KDP’s code of conduct unrelated to strategy,...