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ABG Appoints Executive Vice Chairman

by Katie Lee

New York City — Authentic Brands Group (ABG), a global brand development, marketing and entertainment platform, has appointed Matt O’Toole as executive vice chairman. In his new role, O’Toole will work in tandem with ABG’s leadership team on new brand acquisitions, driving strategic initiatives, as well as supporting the global expansion of Reebok. “We are thrilled to welcome Matt O’Toole to ABG’s leadership team,” says Jamie Salter, founder, chairman and CEO, ABG. “Matt brings over 30 years of leadership experience in the footwear, apparel, equipment and sports marketing business. For …

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Newspeopleretailers

Target Announces Leadership Updates

by Katie Lee

Minneapolis — Target Corporation has announced that Brian Cornell has committed to remain as CEO and lead the company for approximately 3 more years. Additionally, Arthur Valdez, executive vice president and chief supply chain and logistics officer, will retire from Target. He will be succeeded by Gretchen McCarthy, senior vice president, global inventory management, effective immediately. “In discussions about the company’s longer term plans, it was important to us as a board to assure our stakeholders that Brian intends to stay in his role beyond the traditional retirement age of …

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Church’s Texas Chicken Taps Industry Veteran for EVP of International Business

by Katie Lee

Atlanta — Church’s Texas Chicken® has hired QSR industry leader Tim Waddell to take on the role of executive vice president of international business, effective September 6. Waddell brings extensive experience in the areas of global development, sales, marketing, operations and P&L management that will support the brand in its continued growth. “Tim’s expertise globally and within his category will help us propel our growth internationally. Tim is an accomplished, high-impact business leader with over 20 years of proven international development experience and has an outstanding reputation as someone who …

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Bed Bath & Beyond Inc. Mourns the Loss of EVP and CFO

by Katie Lee

Union, N.J. — According to Bed Bath & Beyond Inc., Gustavo Arnal, executive vice president and chief financial officer of the company, passed away on September 2, 2022. The entire Bed Bath & Beyond Inc. organization is profoundly saddened by this shocking loss. “I wish to extend our sincerest condolences to Gustavo’s family. Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our company. I am proud to have been his colleague, and he will be truly missed by all of us at …

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Starbucks Names Next Chief Executive Officer

by Katie Lee

Seattle — Starbucks has selected Laxman Narasimhan as its next chief executive officer and a member of the Starbucks board of directors. Narasimhan will join Starbucks as incoming CEO on October 1, 2022 after relocating from London to the Seattle area and will work closely with Howard Schultz, interim CEO, before assuming the CEO role and joining the board on April 1, 2023. Narasimhan brings nearly 30 years of experience leading and advising global consumer-facing brands. Known for his considerable operational expertise, he has a proven track record in developing …

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Newspeoplerestaurants

Mo’ Bettahs Promotes President to CEO

by Katie Lee

Salt Lake City — Mo’ Bettahs Hawaiian Style Restaurant has promoted its president, Robert Ertmann, to chief executive officer. He has served as president of the brand since 2021. Mo’ Bettahs will look to his guidance and leadership as the brand continues its nationwide expansion, including its entrance into three new markets over the next few months. “Savory has watched Rob carefully over the past year, and we have concluded that there is no one better suited for the growth and scale of our beloved Mo’ Bettahs brand,” says Andrew …

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Bed Bath & Beyond Realigns Executive Team; Begins Closing 150 Stores

by Katie Lee

Union, N.J. — Bed Bath & Beyond Inc. aims to go back to basics: to better serve customers, drive growth and deliver business returns. To that end, Bed Bath & Beyond has realigned its executive team and also has begun closing approximately 150 lower-producing Bed Bath & Beyond banner stores. “We are announcing immediate actions aimed to increase customer engagement, drive traffic and recapture market share,” says Sue Gove, director & interim CEO. “This includes changing our merchandising and inventory strategy, which will be rooted in national brands. Additionally, we …

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Heatcraft Refrigeration Products Names VP and General Manager

by Katie Lee

Stone Mountain, Ga. — Heatcraft Refrigeration Products, LLC, a manufacturer of commercial refrigeration equipment and systems as part of Lennox International, has promoted Bob Landi to vice president and general manager. In this role, Landi will apply his proven operations and supply chain acumen to continue to grow the business and deliver customer-centric solutions. “There is no one more capable to serve in this position than Bob Landi,” says Gary Bedard, president and chief operating officer, Worldwide Refrigeration at Lennox International. “During his 20-year career with Heatcraft and Lennox, Bob’s …

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Dollar Tree, Inc. Names Chief Financial Officer

by Katie Lee

Chesapeake, Va. — Dollar Tree, Inc. has added a key member of its executive leadership team, as Jeffrey A. Davis will be joining the organization as chief financial officer. “I am extremely pleased to announce that Jeff Davis will be joining the Dollar Tree team as our new chief financial officer. For many years, Jeff has been recognized as a strong and collaborative retail business partner, driving superior financial and operational results,” says Mike Witynski, president and chief executive officer. “Jeff has a proven track record of strategic leadership, and …

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Arhaus Names New Chief Operating Officer

by Katie Lee

Boston Heights, Ohio — Arhaus, Inc., a rapidly growing lifestyle brand and omnichannel retailer of premium artisan-crafted home furnishings, has hired Tim Kuckelman to join the company in the new role of chief operating officer at the end of September. He will report directly to John Reed, Arhaus co-founder and chief executive officer. Kuckelman, who has more than three decades of leadership experience in retail operations and logistics, will be responsible for enhancing Arhaus’ operational capabilities across the business, overseeing sourcing, planning, logistics, customer experience, manufacturing and information technology. “We …

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