Corie Barry has officially taken the helm of Best Buy, becoming the fifth CEO in the company’s 53-year history. She replaces Hubert Joly, who led the company through a successful turnaround over the past seven years and will now become executive chairman as part of a planned leadership transition.
Emerald Expositions, parent company of NY Now, said its board of directors has appointed Sally Shankland to the position of president and CEO. Shankland will assume her new role on June 1, 2019 and will remain a member of the company’s board of directors.
After continued pressure from an activist investor group, Bed Bath & Beyond has announced the departure of long-time CEO Steven Temares.
Katrina Helmkamp, CEO of Lenox, has left the position to pursue a role elsewhere. Realogy Holdings Corp., a full-service residential real estate services company, announced Helmkamp’s appointment to the role of CEO of Cartus Corporation, its relocation services subsidiary.
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.
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.