Twin Star’s Estep Honored
Twin Star Home CFO John Shumate and the Florida Institute of CFOs have recognized the company’s senior director of finance, James Estep, for his contributions to the organization.
finance
Timm To Succeed Besanko As Kohl’s CFO
Kohl’s said that Bruce Besanko has decided to retire from the company at the end of the fiscal year and will step down from his position as chief financial officer, effective November 1. At that time, Jill Timm, Kohl’s evp/finance, will be promoted to CFO.
J.C. Penney Names Dougherty SVP/Finance
J.C. Penney has named Colin Dougherty svp/finance, reporting to Bill Wafford, chief financial officer. He will join the company on September 23.
Report: Walmart Shuffles Executives To Boost Omnichannel Efforts
Walmart is reportedly making organizational changes as it continues to integrate its store, digital and omnichannel operations, according to a memo obtained by CNBC that was sent by CEO Doug McMillon to the retailer’s employees.
Office Depot Names Haas Chief Accounting Officer
Office Depot has appointed Richard Haas svp/chief accounting officer, effective June 14.
Tractor Supply Promotes Barton To EVP/Chief Financial Officer
Tractor Supply Company has promoted Kurt Barton to evp/chief financial officer and treasurer.
Sally Beauty Adds Ferguson To Board Of Directors
Sally Beauty has elected Diana Ferguson, the chief financial officer at Cleveland Avenue, LLC, a venture capital investment firm, to the board of directors at the company’s annual meeting of stockholders.
Target Rings Up Strong Holiday Season
As Target reported a November/December 5.7% comparable sales growth, the retailer also revealed several changes in its executive suite.
Rite Aid Refinances Revolving Credit Facility
Rite Aid has entered into a new senior secured credit agreement, consisting of a $2.7 billion senior secured asset-based revolving credit facility and a $450 million “first-in, last out” senior secured term loan facility.
BJ’s Wholesale Club Adds Peterson To Board Of Directors
BJ’s Wholesale Club has appointed Christopher Peterson, executive vice president, chief financial officer of Newell Brands, to its board of directors. He will serve as chair of the board’s audit committee.
Stein Mart Appoints Brown Chief Financial Officer
Stein Mart has appointed James Brown as executive vice president and chief financial officer, effective December 17.
J.C. Penney Appoints Fung Interim CFO
J.C. Penney has appointed Michael Fung as interim chief financial officer. He will succeed Jerry Murray, who will resume his responsibilities as svp/finance.
Jonathan Adler Gains Capital For Brand Expansion
Jonathan Adler has gained $16 million in working capital from Gordon Brothers and Rosenthal & Rosenthal, Inc., two financing firms. According to Gordon Brothers, the financing is in support of the launch and execution of an exclusive e-commerce brand and product partnership with a major online retailer.
Sally Beauty Appoints Alt President
Sally Beauty has appointed Aaron Alt as president of Sally Beauty Supply, in addition to his current finance and supply chain responsibilities as CFO at Sally Beauty Holdings.
Hamilton Beach Names Mosier VP/CFO
Hamilton Beach has named Michelle Mosier as its vp/CFO and treasurer. She fills the position being vacated by James Taylor, who is retiring at the end of 2018. Mosier will join the company on October 29.
Home Depot Appoints Kadre To Board Of Directors
The Home Depot has appointed Manuel Kadre, chairman and CEO of MBB Auto Group, to its board of directors.
Stein Mart CFO To Retire
Stein Mart’s chief financial officer, Gregory Kleffner, plans to retire from the company next spring.
Davis Resigns From J.C. Penney, Named Qurate CFO
Qurate Retail Group has announced that Jeffrey Davis will join the group as chief financial officer. Davis has resigned as the CFO of J.C. Penney to take the new position.
Stein Mart Extends Credit Agreements
Stein Mart has extended and amended its existing revolving credit agreement with Wells Fargo Bank and its term loan agreement with Gordon Brothers Finance Company.
Lowe’s Appoints Denton Chief Financial Officer
Lowe’s has appointed David Denton as executive vice president, chief financial officer.