Thursday, April 25, 2024
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J.C. Penney

Newspeopleretailers

Academy Sports + Outdoors Plans Leadership Succession

by Katie Lee

Katy, Texas — As a result of a planned succession process, the following changes to the executive leadership team of Academy Sports and Outdoors, Inc. will be effective as of June 1, 2023. Ken C. Hicks, chairman, president and CEO, will transition to executive chairman of the board. Steven (Steve) P. Lawrence, executive vice president (EVP) and chief merchandising officer (CMO), will become CEO and a member of the board; he will continue to serve as CMO until a successor is appointed. Michael P. Mullican, EVP and chief financial officer, …

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Newspeopleretailers

MedMen Taps Former Hudson’s Bay Executive as CEO; COO to Resign

by Katie Lee

Los Angeles — MedMen Enterprises Inc., a premier cannabis retailer with operations across the United States, has appointed Edward Record as chief executive officer, effective immediately. Record succeeds interim CEO Michael Serruya, who will continue to serve as chairman of the board. Record joined MedMen’s board of directors in 2021. He brings deep retail and restructuring experience, having overseen financial and operational performance for several large national retailers. He previously served as the chief financial officer for Hudson’s Bay Company, whose U.S. holdings include Saks Fifth Avenue. Before joining HBC, …

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Newspeopleretailers

Lowe’s Names President and CEO

by Katie Lee

Mooresville, N.C. — Lowe’s Companies, Inc. has named Marvin R. Ellison as president and CEO, effective July 2, 2018. He will also join Lowe’s board of directors at that time. Ellison succeeds Robert A. Niblock, who previously announced his intention to retire. The Lowe’s board has also appointed Richard W. Dreiling, a director of Lowe’s since 2012, as chairman, effective July 2, 2018.

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