Study: CEOs Anticipate Massive Business Change

Chief executive officers are expecting massive business change over the next two years, including at retail, according to a global consumer executive top of mind study, “No Normal is the New Normal: Make Disruption Work for Your Business,” conducted by KPMG International and The Consumer Goods Forum.

J.C. Penney’s Ellison Resigns, Takes CEO Role At Lowe’s

Lowe’s has named Marvin Ellison president and CEO, effective July 2. He will also join Lowe’s board of directors at that time. Ellison succeeds Robert Niblock, who previously announced his intention to retire.

Big Lots CEO Campisi To Retire

Big Lots is looking for a new chief executive as David Campisi has announced his retirement. Campisi, who held the titles of president/CEO, has been on a medical leave of absence since December of 2017.

McKenna Named Walmart International CEO

Wal-Mart Stores has promoted Judith McKenna to the position of president and CEO of Walmart International. McKenna, who has been evp and COO at Walmart U.S., will assume her new role on February 1 and will report to Walmart president and CEO, Doug McMillon.

Rent-A-Center Appoints Fadel CEO

Rent-A-Center has appointed Mitchell Fadel, the company’s former president and chief operating officer and a current member of its board of directors, CEO, effective immediately.

Kohl’s Mansell To Retire, Gass To Take CEO Helm

Kohl’s is preparing a CEO succession plan as Kevin Mansell, the retailer’s chairman, chief executive officer and president, plans to retire in May 2018 at the close of the company’s annual shareholders meeting. Michelle Gass, currently chief merchandising and customer officer, will assume the CEO role at that time.

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