Irving, Texas — The Michaels Companies, Inc. has named Ashley Buchanan, an experienced retail executive from Walmart, as its new president and chief executive officer designate and appointed to the company’s board of directors, effective January 6, 2020. He will succeed Mark Cosby as CEO upon completion of a transition period ending April 1, 2020. Cosby will continue to serve as CEO until April 1 and will remain a member of the board of directors following the CEO transition. As part of the leadership transition, after more than 5 years …
mark cosby
Irving, Texas — The Michaels Companies, Inc. has appointed seasoned retail executive Mark S. Cosby as interim CEO and board member, effective February 28, 2019. He succeeds Chuck Rubin, who has mutually agreed with the board to transition from CEO but continue as chairman of the board until April 1, 2019. The board has initiated a search to identify a permanent CEO.
Boca Raton, Fla. — Roland Smith plans to retire as chief executive officer of Office Depot, Inc. He will continue to serve as CEO until a successor is named, which is expected by the end of first quarter 2017. It is expected Smith will remain chairman of the board.