OPERATIONS

AutoZone names two new board members

BY Marianne Wilson

New York — Brinker International chairman Doug Brooks and First Horizon National Corp. CEO Bryan Jordan were elected to the AutoZone board of directors.

The addition of Brooks and Jordan give AutoZone a total of 11 board members. The company is due to report fourth quarter financial results on Sept. 25.

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OPERATIONS

Lowe’s names new senior VP

BY Staff Writer

Mooresville, N.C. — Lowe’s Companies announced that Michael P. McDermott will join the company as senior VP and general merchandising manager- building and maintenance, a new position.

McDermott will be responsible for the lumber & building materials, millwork, hardware & tools and rough plumbing & electrical divisions. He will report to chief merchandising officer, Michael A. Jones.

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OPERATIONS

Former Coach exec named CEO of REI

BY Marianne Wilson

Seattle — Recreational Equipment (REI) named Jerry Stritzke as the company’s president and CEO, effective Oct. 1, following an extensive national search. Stritzke most recently served as president and COO for Coach, which announced his resignation, effective Sept. 2.

At REI, Stritzke replaces former president and CEO, Sally Jewell, who left the company in April when she was confirmed as the Secretary of the U.S. Department of the Interior. In addition to serving as the company’s CEO, he also will serve as a member of the co-op’s board of directors.

Prior to joining Coach, Stritzke had an eight-year career with Limited Brands, Inc.

“REI’s board set high standards in pursuing the company’s next CEO," said Board Chair John Hamlin. "Jerry brings to REI an outstanding record of success in all aspects of specialty retail, particularly brand building, operations, and customer insights. He possesses strategic vision, he knows how to foster a high-performing executive team, and he has proven skills in navigating the disruptive forces that have become the norm in today’s business world."

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