Content about Corporate governance

March 31, 2014

Helen of Troy — whose portfolio of personal care products includes Vidal Sassoon, Sure, Pert and Brut — has announced that its board has appointed CEO Julien Mininberg to serve on the board until the next annual meeting of shareholders.

EL PASO, Texas — Helen of Troy — whose portfolio of personal care products includes Vidal Sassoon, Sure, Pert and Brut — has announced that its board has appointed CEO Julien Mininberg to serve on the board until the next annual meeting of shareholders.

Mininberg’s appointment fills the vacancy created by the departure of Gerald Rubin, the company’s former CEO and a former director of the company. The board intends to nominate Mininberg as a director of the company at the next annual general meeting of shareholders.

February 28, 2014

Mead Johnson Nutrition on Friday expanded the size of its board from 11 to 12 members and appointed Michael Grobstein as its newest director.

GLENVIEW, Ill. — Mead Johnson Nutrition on Friday expanded the size of its board from 11 to 12 members and appointed Michael Grobstein as its newest director. He is a retired vice chairman of Ernst & Young, one of the world's largest professional services organizations.

December 4, 2013

Global beauty company Coty has appointed Patrice de Talhouet as CFO, effective early 2014.

NEW YORK — Global beauty company Coty has appointed Patrice de Talhouet as CFO, effective early 2014.

He succeeds Sergio Pedreiro, who will stay on at Coty through March 2014 to provide a seamless transition, as well as to complete Coty's fiscal 2014 second quarter earnings release.

October 24, 2013

Coupons.com on Thursday announced the appointment of former Safeway executive Mir Aamir as the company’s CFO and COO. He will oversee all financial and accounting functions.

MOUNTAIN VIEW, Calif. — Coupons.com on Thursday announced the appointment of former Safeway executive Mir Aamir as the company’s CFO and COO. He will oversee all financial and accounting functions.  

The roles are presently managed by Richard Hornstein, the company’s CFO and general counsel. Hornstein will continue in the role of general counsel and chief legal officer, a role he has held for the past two-and-a-half years. Aamir, in addition to the finance functions, will also oversee the company’s operations and the international business.

October 14, 2013

Jason Reiser has been elevated to the role of SVP/lead merchandising officer at Family Dollar, according to an internal memo from company president and COO Mike Bloom.

MATTHEWS, N.C. — Jason Reiser has been elevated to the role of SVP/lead merchandising officer at Family Dollar, Drug Store News has learned. "In this role, Jason will have executive responsibility for leading cohesive merchandising strategy and execution," noted company president and COO Mike Bloom. "Jason has already made a positive impact since joining Family Dollar in July.

October 1, 2013

McKesson on Monday announced James Beer will join the company as EVP and CFO on Oct. 9. Beer will be responsible for overseeing all financial functions for McKesson and replaces Jeff Campbell, who left the company in June 2013 to become CFO of American Express Co.

SAN FRANCISCO — McKesson on Monday announced James Beer will join the company as EVP and CFO on Oct. 9. Beer will be responsible for overseeing all financial functions for McKesson and replaces Jeff Campbell, who left the company in June 2013 to become CFO of American Express Co. Beer will also join McKesson’s executive committee. 

July 15, 2013

The Consumer Healthcare Products Association announced that Lisa Murphy Early will join the association as VP finance and administration and CFO.

WASHINGTON — The Consumer Healthcare Products Association on Monday announced that Lisa Murphy Early will join the association as VP finance and administration and CFO. 

“Lisa is a highly experienced association executive with extensive financial, managerial and strategic planning experience in the non-profit and for-profit sectors,” stated CHPA president and CEO Scott Melville. 

June 13, 2013

Target Corp. has increased quarterly payments to shareholders to 43 cents per share, the mass merchandise retailer said.

MINNEAPOLIS — Target Corp. has increased quarterly payments to shareholders to 43 cents per share, the mass merchandise retailer said.

The Minneapolis-based chain said the quarterly dividend represented a 19.4% increase over its previous dividend of 36 cents per share. The dividend will be payable Sept. 10.

May 15, 2013

Coty, an emerging global leader in beauty, announced today that it has added Olivier Goudet , partner and chief executive officer of the Joh. A. Benckiser Group, to the company's board of directors.

NEW YORK — Coty Inc., an emerging global leader in beauty, announced today that it has added Olivier Goudet , partner and chief executive officer of the Joh. A. Benckiser Group, to the company's board of directors.

Goudet replaces Bernd Beetz, who stepped down from Coty's Board to pursue other interests. JAB is a privately held group that owns and invests in premium brands; it is also Coty's majority shareholder.

April 22, 2013

During the National Association of Chain Drug Stores Annual Meeting today, the association elected the new officers, two new executive committee members and four new board of directors members for the coming year.

PALM BEACH, Fla. — During the National Association of Chain Drug Stores Annual Meeting today, the association elected the new officers, two new executive committee members and four new board of directors members for the coming year.

Robert Narveson, president and CEO of Thrifty White Pharmacy, was elected as the new NACDS chairman of the board of directors, succeeding Gregory Wasson, president and CEO of Walgreens.

March 28, 2013

Weis Markets on Thursday promoted Paul Stombaugh to VP/corporate controller.

SUNBURY, Pa. — Weis Markets on Thursday promoted Paul Stombaugh to VP/corporate controller. 

Stombaugh will take on an expanded role in the company’s decision support and its strategic development. He also will continue to oversee its financial accounting and reporting functions, internal controls, treasury and budgets, Weis reported. He will continue to report to Scott Frost, SVP and CFO.

February 15, 2013

Retail executives are moderating their expectations for 2013 following uneven sales in December and January, according to a new survey of CFOs by professional services firm BDO USA.

CHICAGO — Retail executives are moderating their expectations for 2013 following uneven sales in December and January, according to a new survey of CFOs by professional services firm BDO USA.

February 4, 2013

Safeway on Monday announced the appointment of Peter Bocian as its new executive vice president and CFO. Bocian, 58, will oversee the company's financial functions including accounting, tax, audit, treasury, investor relations, planning and business development.

PLEASANTON, Calif. — Safeway on Monday announced the appointment of Peter Bocian as its new executive vice president and CFO. Bocian, 58, will oversee the company's financial functions including accounting, tax, audit, treasury, investor relations, planning and business development. He will report directly to Robert Edwards, Safeway's president, and will assume his new responsibilities on Feb. 19.

January 15, 2013

CVS Caremark was named Public Company Board of the Year in the National Association of Corporate Directors New England Chapter’s Seventh Annual 2013 Director of the Year Awards.

BOSTON — CVS Caremark was named Public Company Board of the Year in the National Association of Corporate Directors New England Chapter’s Seventh Annual 2013 Director of the Year Awards.  

NACDNE is a source in New England for corporate governance information, education and training for directors and CEOs who are committed to raising standards and improving boardroom performance. Each year, NACDNE recognizes board members and boards from public, private and nonprofit organizations who exemplify the key attributes of outstanding directors.  

October 18, 2012

Ulta Beauty has announced the appointment of Scott Settersten as acting CFO, effective immediately. Settersten replaces Bruce Hartman, who has resigned from his position as CFO by mutual agreement with the company.

BOLINGBROOK, Ill. — Ulta Beauty has announced the appointment of Scott Settersten as acting CFO, effective immediately. Settersten replaces Bruce Hartman, who has resigned from his position as CFO by mutual agreement with the company.

September 18, 2012

Walgreens on Tuesday announced several new senior management roles, including an expanded role for CFO Wade Miquelon and the appointment of current SVP and chief strategy officer Robert Zimmerman as the lead executive responsible for the Walgreens-Alliance Boots' "synergy team."

DEERFIELD, Ill. — Walgreens on Tuesday announced several new senior management roles, including an expanded role for CFO Wade Miquelon and the appointment of current SVP and chief strategy officer Robert Zimmerman as the lead executive responsible for the Walgreens-Alliance Boots' "synergy team." Succeeding Zimmerman as chief strategy officer will be Brad Fluegel.

July 9, 2012

Merz has promoted one of its executives to serve as VP and chief compliance officer.

GREENSBORO, N.C. — Merz has promoted one of its executives to serve as VP and chief compliance officer.

The company said Katrina Church, who joined the company in November 2009, now will be responsible for providing strategic and operational leadership relating to compliance issues. Church officially took on the new responsibilities July 1.

June 29, 2012

One of Impax Labs' top executives is leaving the company, the drug maker announced Friday.

HAYWARD, Calif. — One of Impax Labs' top executives is leaving the company, the drug maker announced Friday.

Impax said EVP finance and CFO Arthur Koch would resign to pursue other opportunities. VP finance Bryan Reasons has been appointed acting CFO as the company searches for a successor to Koch.

June 21, 2012

Hershey has named Leslie Turner as SVP, general counsel and secretary, effective July 9.

HERSHEY, Pa. — Hershey has named Leslie Turner as SVP, general counsel and secretary, effective July 9.

In her new role, Turner will lead Hershey’s legal, government relations, corporate security and corporate secretary functions. She will report to Hershey president and CEO John Bilbrey. She also will serve as a member of the company’s global leadership team.

May 11, 2012

AmerisourceBergen has promoted one of its executives to serve as its finance chief, the company said Friday.

VALLEY FORGE, Pa. — AmerisourceBergen has promoted one of its executives to serve as its finance chief, the company said Friday.

Tim Guttman — who has served as acting CFO since February, as well as VP and corporate controller for the last 10 years — has been appointed SVP and CFO, effective immediately. Guttman will report to AmerisourceBergen's president and CEO Steven Collis.

Guttman replaced Michael DiCandilo, who left his role as EVP and CFO of the company earlier this year to pursue other interests.

April 24, 2012

Specialty pharmacy provider BioScrip has appointed Hai Tran as SVP, treasurer and CFO, the company said.

ELMSFORD, N.Y. — Specialty pharmacy provider BioScrip has appointed Hai Tran as SVP, treasurer and CFO, the company said.

Effective May 14, Tran will replace M.J. Graves, who has served as the company's interim CFO and treasurer since January 2011.

January 24, 2012

Target has promoted John Mulligan to the position of EVP and CFO, effective April 1. Mulligan currently serves as SVP finance. He replaces Doug Scovanner, Target’s EVP and CFO for the past 18 years, who announced his retirement in November 2011.

MINNEAPOLIS — Target has promoted John Mulligan to the position of EVP and CFO, effective April 1. Mulligan currently serves as SVP finance. He replaces Doug Scovanner, Target’s EVP and CFO for the past 18 years, who announced his retirement in November 2011.

December 19, 2011

Nielsen Holdings on Monday announced that Rick Kash has been appointed vice chair and will join CEO David Calhoun and vice chair Susan Whiting in the office of the CEO. Nielsen also named Mitchell Habib COO.

NEW YORK — Nielsen Holdings on Monday announced that Rick Kash has been appointed vice chair and will join CEO David Calhoun and vice chair Susan Whiting in the office of the CEO. Nielsen also named Mitchell Habib COO.

November 1, 2011

The unexpected announcement that Target EVP and CFO Doug Scovanner will retire on March 31, 2012, has investors speculating about the reasons for his departure following the recent exit of other key executives.

MINNEAPOLIS — The unexpected announcement that Target EVP and CFO Doug Scovanner will retire on March 31, 2012, has investors speculating about the reasons for his departure following the recent exit of other key executives.

Analysts at Bernstein Research pointed to the fact that no successor has been named, suggesting that the retirement was not a long-planned event. However, the firm said it believed that despite the unexpected news, this appeared to be a true retirement and doesn't anticipate seeing Scovanner in a CFO role at another major company.

October 7, 2011

Clorox announced that EVP and CFO Dan Heinrich, who has served as financial chief of the company since 2003, will retire Nov. 16.

OAKLAND, Calif. — Clorox announced that EVP and CFO Dan Heinrich, who has served as financial chief of the company since 2003, will retire Nov. 16.

In addition to his current role leading all aspects of the finance, business development and investor relations functions and corporate administrative services, during his career with Clorox, Heinrich also oversaw the corporate communications, risk management and IT functions. Heinrich, who joined the company in 2001 and controller, also is a member of the company's executive committee.