San Francisco — The Gymboree Corporation’s current CEO, Mark Breitbard, will assume the role of chairman of the board of directors, effective February 1, 2017, and will step down as chief executive officer once a successor has been appointed.
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Hudson, Ohio — Magnum Energy Solutions, a leading designer, developer and manufacturer of flexible and scalable wireless products for building automation, has hired Matt Mazzola as the executive vice president of sales and marketing. He joins the company from Venture Lighting International.
Lake Buena Vista, Fla. — Levy Restaurants will open Paddlefish, its newest dining experience at Disney Springs, on February 4, 2017. The seafood-centric restaurant, formerly known as Fulton’s Crab House, has undergone an extensive, multimillion-dollar transformation.
Burlington, Ontario (Canada) — IKEA Canada has signed agreements to acquire an 88MW wind farm located near Drumheller, Alberta. Consisting of 55 turbines, the Wintering Hills wind farm will generate 275 million kWh (kilowatt hours) of energy, the equivalent to the electricity consumption of 54 IKEA stores.
Oak Brook, Ill. — Let’s Pave, a leading national provider of specialized paving services and solutions, has hired Chicago-based paving entrepreneur and multi-business owner Alex Demos as joint partner. Demos will work with existing Let’s Pave partners C.B. Kuzlik, Mike Rosen and Michael Zator in determining overall strategy for the company.