Executive Scorecard: retail leaders on the move
A look at key executive moves inside and outside of the retail industry. Here's who went where and why during the week ended Feb. 1.
Dorlisa Flur, former chief strategy and transformation officer at Southeastern Grocers, and Timothy Baer, former EVP and chief legal officer and corporate secretary at Target, joined the board of Sally Beauty Holdings, a $3.9 billion operator of more than 5,000 stores.
Michael Wright, the Minnesota sports icon who went on to become CEO of Supervalu, passed away at the age of 81. Wright led Supervalu for two decades beginning in the 1980s and built the company into the nation’s largest food wholesaler at the time.
David Sisk joined SpartanNash as president of the company’s wholesale division focused on the military channel. Sisk previously served as president and COO of OSC-WEBco, a military sales and marketing firm, and also spent 30 years with Procter & Gamble.
Procter & Gamble chief product supply officer Julio Nemeth was named to the board of the Boston Beer Company, maker of the Samuel Adams brand. Nemeth has a big job at P&G. The 30 year veteran oversees an organization with 58,000 employees, 100 manufacturing plants and roughly 200 distribution centers.
General Mills named AARP CEO Jo Ann Jenkins to its board. Prior to AARP, an organization focused on serving Americans 50 and older, Jenkins was COO and chief of staff at the Library of Congress.
Groupon avoided a potential proxy battle with a major shareholder by appointing Richard Merage, CEO of MIG Capital, as a special advisor to the board. MIG owns a 5% stake in Groupon, a company whose revenues declined 12.5% to $1.84 billion and profits declined 42% to $57 million during the first nine months of its fiscal year.
Chris Koziol was named CEO of Symphony RetailAI, filling a position previously held by long time technology industry executive Dr. Pallab Chatterjee. Koziol was previously CEO of Aspect Software and prior to that was COO of JDA Software.
Two veteran CPG executives have joined Organic Valley, the nation’s larger organic and farmer-owned cooperative, in key leadership roles. Ty Brannen, a former PepsiCo, Clorox and Nestle Waters executive, was named EVP of supply chain. Staci Kring, who spent the past 22 years at Schreiber Foods, was named chief revenue officer.
Cannabis retailer MedMen elevated COO and CTO Ryan Lissack to the role of interim CEO following the resignation of CEO and co-founder Adam Bierman. The operator of 33 stores said Bierman will remain on the board and stand for re-election at the upcoming shareholders meeting.