Retail leaders making moves
The Rite Aid Foundation named Matthew DeCamara as its new executive director. Most recently, DeCamara served as chief development officer for SeriousFun Children’s Network which was founded by actor Paul Newman. Since it was founded in 2001, the Rite Aid Foundation has awarded more than $68 million to nonprofit organizations.
Macy’s is looking for a new CFO after Paula Price announced her departure from the company effective May 31. Price served as Macy’s CFO since July 2018.
Suresh Krishna has made an interesting career move. The former COO of Sleep Number has joined North Tool + Equipment as CEO. Krishna had served on the advisory board of the family-owned company the past five years and fills a position held by 36 year Northern Tool + Equipment veteran Chuck Albrecht.