Content about vice chairman

October 26, 2011

Despite concerns about the economy and rising household expenses, nearly 3-out-of-5 consumers (59%) will put aside economic worries and spend the same or more this holiday season, according to Deloitte’s 26th annual survey of holiday spending intentions and trends.

NEW YORK — Despite concerns about the economy and rising household expenses, nearly 3-out-of-5 consumers (59%) will put aside economic worries and spend the same or more this holiday season, according to Deloitte’s 26th annual survey of holiday spending intentions and trends. While this is a slight decline from 2010, it represents an eight percentage point increase from 2009.

August 31, 2011

Franklin Brown, the former vice chairman at Rite Aid, was freed from jail on Wednesday, according to the Associated Press.

CAMP HILL, Pa. — Franklin Brown, the former vice chairman at Rite Aid, was freed from jail on Wednesday, according to the Associated Press.

Brown, who was initially sentenced to 10 years in prison for taking part in a $1.6 billion accounting scandal, was released following a resentencing hearing. He served six years of his sentence. An appeals court overturned Brown's sentence in May, AP said.

July 19, 2011

Rising food prices and shrinking package sizes are a top concern for consumers, according to Deloitte's "2011 Consumer Food and Product Insight Survey."

NEW YORK — Rising food prices and shrinking package sizes are a top concern for consumers, according to Deloitte's "2011 Consumer Food and Product Insight Survey."

May 31, 2011

Molson Coors' Andrew Molson and Pete Coors have switched roles.

DENVER, Colo. — Molson Coors' Andrew Molson and Pete Coors have switched roles.

The brewing company said that Molson, the company's current vice chairman, has assumed the role of chairman, while Coors, its current chairman, has stepped in as vice chairman. The planned transition is consistent with the company's by-laws, which allow the chairman and vice chairman to alternate between the Molson and Coors families every two years.

May 23, 2011

The Mentholatum Co. has updated the packaging of its lip care line Softlips to include a new logo and graphics, although the company retained Softlips’ signature slender sticks and the light flavors/formulas.

SUPPLIER NEWS — The Mentholatum Co. has updated the packaging of its lip care line Softlips to include a new logo and graphics, although the company retained Softlips’ signature slender sticks and the light flavors/formulas. The company also has kicked off a new marketing campaign called “Softlips. So You.”



May 4, 2011

Procter & Gamble has announced a string of organizational changes, including the retirement of Edward Shirley, vice chairman of beauty and grooming, after 33 years of service.

CINCINNATI — Procter & Gamble has announced a string of organizational changes, including the retirement of Edward Shirley, vice chairman of beauty and grooming, after 33 years of service.

Shirley will retire from P&G, effective Jan. 1, 2012. Until that time, effective July 1, 2011, Shirley has been named vice chairman on special assignment, continuing to report to Robert McDonald, P&G chairman, president and CEO. Shirley will be focused on ensuring the seamless transition of the beauty and grooming business, P&G stated.

May 2, 2011

The National Association of Chain Drug Stores announced that Robert Loeffler will succeed Larry Merlo as the organization's new board of directors chairman, and also announced the appointment of several other elected officers, at its 2011 Annual Meeting.

SCOTTSDALE, Ariz. — The National Association of Chain Drug Stores announced that Robert Loeffler will succeed Larry Merlo as the organization's new board of directors chairman, and also announced the appointment of several other elected officers, at its 2011 Annual Meeting.

Loeffler, who serves as H-E-B's chief administrative officer, will replace Merlo, who is CVS Caremark president and CEO, as NACDS board chairman. Additionally, Walgreens president and CEO Greg Wasson was elected vice chairman, while Thrifty White president and CEO Robert Narveson was named treasurer.

March 15, 2011

The Deloitte Consumer Spending Index rose to more than 4% during the month of February, thanks to slight improvements in two sectors.

NEW YORK — The Deloitte Consumer Spending Index rose to more than 4% during the month of February, thanks to slight improvements in two sectors.

The index attempts to track consumer cash flow as an indicator of future consumer spending and is comprised of four components: unemployment claims, tax burden, real wages and real home prices. It rose to 4.02% from 3.92% in January.

February 18, 2011

SUPPLIER NEWS — Pacific World is launching exclusively at Walmart in March its new GeoGirl eco-friendly beauty line for tweens. The 69-SKU collection, which has suggested retail pricing between $3.98 and $5.98, includes makeup for face, lips, cheeks and eyes, as well as skin and body care. The formulas are made with 100%-natural fragrances, and the packaging is made of recyc­lable materials.



February 8, 2011

Following the retirement of Procter & Gamble vice chairman Robert Steele, the company said it consolidated its current three global business units into two: beauty and grooming, and household care.

CINCINNATI — Following the retirement of Procter & Gamble vice chairman Robert Steele, the company said it consolidated its current three global business units into two: beauty and grooming, and household care.

Thee oral care and feminine care businesses will become part of P&G's beauty and grooming GBU, and will be lead by Ed Shirley, P&G's vice chairman of global beauty and grooming. Charlie Pierce, group president, global oral care and Steve Bishop, group president, global feminine care, will report to Shirley.

February 1, 2011

Procter & Gamble on Tuesday announced that Robert Steele, vice chairman of global health and well-being, will retire effective Sept. 1.

CINCINNATI — Procter & Gamble on Tuesday announced that Robert Steele, vice chairman of global health and well-being, will retire effective Sept. 1.

Steele oversees oral care, feminine care, personal health care, pet care and snacks for P&G.

Between now and September, Steele will serve as vice chairman of healthcare strategy, reporting to P&G chairman, president and CEO Robert McDonald.

November 16, 2010

Soft housing prices drove down the Deloitte consumer spending index for the month of October,...

NEW YORK — Soft housing prices drove down the Deloitte consumer spending index for the month of October, Deloitte said Wednesday.

The index, which is comprised of four components — tax burden, initial unemployment claims, real wages and real home prices — fell to 4.63%, from an upwardly revised gain of 4.84% a month ago.

But Deloitte said that the drop is no reason to give up hope on the holiday season.

October 11, 2010

Kicking off a new leadership era for its top industry trade group, pharmaceutical wholesalers elected...

June 29, 2010

BENTONVILLE, Ark. (June 29, 2010) — Bill Simon was given one of the biggest jobs in retail on June 29 when he was named president and CEO of Walmart U.S., assuming vice chairman Eduardo Castro-Wright’s responsibilities for the $258 billion division.