OPERATIONS

Aaron’s names former Equifax exec as senior VP

BY Staff Writer

Atlanta — Aaron’s has appointed Robert W. Kamerschen as the company’s senior VP and general counsel.

Kamerschen will be responsible for managing all legal and governmental affairs for Aaron’s, including employment law, regulatory matters, intellectual property, litigation, vendor relationships, financings, acquisitions and other general legal matters. As general counsel, he will report directly to chairman, president and CEO Ronald W. Allen.

Prior to joining Aaron’s, Kamerschen served at the U.S. chief counsel, senior VP and chief compliance officer at Equifax. He was responsible for the management of the U.S. legal function, compliance and governmental relations.

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Former Sara Lee exec new SVP, CFO at PetSmart

BY CSA STAFF

PHOENIX — PetSmart has appointed former Sara Lee executive Carrie Teffner as the company’s new SVP and CFO.

Teffner has more than 20 years of management experience, most recently serving as EVP and CFO at Weber-Stephen Products LLC, a leading manufacturer and exporter of barbecue grills and accessories worldwide.

“We’re very excited to have Carrie join the PetSmart team,” said David Lenhardt, PetSmart’s president and COO. “She has extensive expertise in finance across multiple industries including retail and consumer goods, and she’ll be a valuable addition to our leadership team.”

Before joining Weber-Stephen Products, Teffner served as the CFO for the Timberland Company, a global manufacturer and retailer of outdoors wear, for two years. From 1988 to 2009, Teffner worked for the Sara Lee Corporation in leadership roles for several divisions, including SVP and CFO, Sara Lee International Household and Body Care; SVP and CFO, Sara Lee Foodservice and SVP, financial planning and analysis and treasurer, Sara Lee Corporate.

Teffner earned a bachelor of science degree in business administration as well as a master’s degree in business administration from the University of Vermont.

PetSmart has approximately 52,000 employees and operates more than 1,278 pet stores in the United States, Canada and Puerto Rico, more than 196 in-store PetSmart PetsHotel dog and cat boarding facilities and is a leading online provider of pet supplies and pet care information.

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Amazon banks on digital currency

BY CSA STAFF

SEATTLE — Amazon has launched its own currency, which customers will be able to use to purchase apps, games and in-app items from the Amazon Appstore and on Kindle Fire.

To celebrate the launch, existing and new Kindle Fire customers in the U.S. have had 500 free Coins — a $5 value — deposited into their Amazon accounts.

Amazon Coins makes it convenient for consumers to purchase apps and in-app items on Kindle Fire, but it’s also another opportunity for developers to drive traffic, downloads and increased monetization. Customers also receive incentives for purchasing the digital currency in bulk, with discounts of up to 10%.

“Today we are giving Kindle Fire owners $5 worth of Coins to spend on new apps and games, or to purchase in-app items, such as recipes in iCookbook, song collections in SongPop or mighty falcon bundles in Angry Birds Star Wars. And with discounts of up to 10% when you buy Coins, this is a great way for customers to save money when they buy apps, games and in-app items,” said Mike George, VP of apps and games at Amazon. “We will continue to add more ways to earn and spend Coins on a wider range of content and activities — today is Day One for Coins.”

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