Cleveland — Forest City Realty Trust, Inc. has earned three significant sustainability recognitions from prominent organizations. Along with other real estate companies committed to green development and management, Forest City was named a: LEED Power Builder by the U.S. Green Building Council; Green Lease Leader by The Institute for Market Transformation (IMT) and The DOE’s Better Buildings Alliance; and ENERGY STAR Charter Tenant Space recognition by the U.S. Department of Energy (DOE).
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Mooresville, N.C. — Lowe’s Companies, Inc. has appointed David M. Denton as executive vice president, chief financial officer. Denton currently serves as executive vice president and CFO of CVS Health and will join Lowe’s shortly after the closing of the CVS acquisition of Aetna, which is expected in the second half of 2018.
Atlanta — Tropical Smoothie Café, LLC is opening its 700th location in the system, which will open on August 24, 2018 in Hurst, Texas. This milestone showcases Tropical Smoothie Cafe’s rapid growth since launching in Destin, Fla., more than 20 years ago and gets the company closer to reaching its goal of opening 120 new cafes in 2018.
New York City — Safari Energy, a leading commercial and industrial solar developer, has inaugurated its solar rooftop system at Francis Scott Key Mall in Frederick, Md. The 2,056 kilowatt capacity project, which is now operational, is currently providing clean energy to power the Class A shopping destination, owned by PREIT, a leading real estate investment trust.
Dublin, Ohio — The Wendy’s Company has accepted an offer from Inspire Brands (owner of Arby’s®, Buffalo Wild Wings® and R Taco®) to sell its 12.3% ownership interest in the company back to Inspire Brands for $450 million. The agreement was approved by The Wendy’s Company board of directors.
Quincy, Mass. — J.Jill, Inc. has appointed two new executives to the company’s senior leadership team. Brian Beitler will join the company as executive vice president, chief marketing and brand development officer, and Shelley Liebsch as senior vice president, chief merchandising officer. Both were appointed by J.Jill’s new CEO, Linda Heasley, and will begin their new roles in September.
Longwood, Fla. — Sean Jennings has been elected president of Waste Pro USA by the company’s board of directors. Waste Pro is the third largest privately owned waste company in the United States. Sean Jennings is the son of Waste Pro’s founder, CEO and chairman, John Jennings.
Minneapolis — Target Corporation has hired John Bauer to join the company as senior vice president, global inventory management, effective August 20. In this role, Bauer will lead the teams responsible for ordering, inventory positioning, global trade and domestic transportation. He will report to Target’s executive vice president and chief supply chain officer, Arthur Valdez Jr.