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Charlotte, N.C. — Diversey, a customer-centric global leader in the hygiene and cleaning industry, plans a transition of executive responsibilities. Dr. Ilham Kadri will resign from her position as Diversey’s chief executive officer, effective December 31, 2018, to take another executive role, which will be separately announced. In the interim, Dr. Kadri will concentrate on strategic areas needed to ensure a smooth transition.

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Dallas — CEC Entertainment, Inc., a nationally recognized leader in family dining and entertainment, has appointed Mahesh Sadarangani to president of Peter Piper Pizza, effective immediately. Sadarangani joins a strong and tenured leadership team, which includes operations led by Mark Eastham and finance led by Rex Moffett. In this role, he will oversee strategic business development and growth.

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Hoffman Estates, Ill. — On October 15, 2018, Sears Holdings Corporation and certain of its subsidiaries have filed voluntary petitions for Chapter 11 bankruptcy relief. Effective immediately, the company’s chairman and CEO, Edward S. Lampert, is stepping down from the CEO role. Also, the company will close 142 stores in addition to the previously announced 46 store closings.

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Plano, Texas — J. C. Penney Company, Inc.’s board of directors has appointed Jill Soltau as chief executive officer and a member of the board, effective October 15, 2018. Soltau is a 30-year retail veteran who most recently served as president and CEO of JOANN Stores, the nation’s largest fabric and crafts retailer, after serving as president of Shopko Stores.

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