J.C. Penney has named Colin Dougherty svp/finance, reporting to Bill Wafford, chief financial officer. He will join the company on September 23.
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 has appointed Richard Haas svp/chief accounting officer, effective June 14.
Tractor Supply Company has promoted Kurt Barton to evp/chief financial officer and treasurer.
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.
As Target reported a November/December 5.7% comparable sales growth, the retailer also revealed several changes in its executive suite.
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 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 has appointed James Brown as executive vice president and chief financial officer, effective December 17.
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 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 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 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.
The Home Depot has appointed Manuel Kadre, chairman and CEO of MBB Auto Group, to its board of directors.
Stein Mart’s chief financial officer, Gregory Kleffner, plans to retire from the company next spring.
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 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 has appointed David Denton as executive vice president, chief financial officer.
99 Cents Only Stores has appointed Ashok Walia as chief financial officer, where he will be responsible for overseeing finance, accounting, treasury, marketing and information technology functions for the company.
Restoration Hardware (RH) has named Ryno Blignaut as president, chief financial and administrative officer.