OPERATIONS

Barnes & Noble appoints current president to CEO

BY Dan Berthiaume

New York – Barnes & Noble, Inc. has appointed president Michael P. Huseby to CEO. Immediately, in his role, Huseby will be responsible for all of the company’s business units including Barnes & Noble Retail, Barnes & Noble College and Nook Media.

He will report to the board of directors and has been elected to serve on the board. Huseby joined Barnes & Noble as CFO in March 2012, and was promoted to president in July 2013.

“Since the day he joined the company, Mike has proven to be an excellent financial and business executive, whose leadership skills have earned the respect of the entire organization, as well as our board of directors,” said Leonard Riggio, chairman, Barnes & Noble, Inc. “Although a relative newcomer to the retail book business, he has quickly developed a comprehensive understanding of the unique opportunities and challenges the Company faces, and he has a vision for the future in which I am in complete accord. Mike also has a passion for bookselling, which makes him a perfect fit for this job.”

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OPERATIONS

Bojangles’ names new CEO

BY Dan Berthiaume

Charlotte, N.C. — Bojangles’ Restaurants Inc. has appointed Clifton Rutledge as CEO effective Jan. 24. Rutledge joins Bojangles’ from Texas-based hamburger chain Whataburger, succeeding current CEO Randy Kibler, who announced his plans to retire from this role in September 2013 but will remain active as chairman of the company’s board of directors. Additionally, Bojangles’ has promoted its senior VP of company operations Kenny Avery to COO.

Now at the helm of Bojangles’ leadership team, Rutledge will be responsible for leading the company’s ongoing expansion in its core markets concentrated in the Southeast and building upon the brand’s strong same-store sales following expansion and growth.

"I am proud to join the Bojangles’ team on the heels of many recent successes which have contributed to this company’s tremendous growth potential,” said Rutledge. “I have a great deal of respect and admiration for Bojangles’ leadership and it is an honor to be part of the team. We will remain committed to the brand’s vision of growth and look forward to taking Bojangles’ to the next level."

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OPERATIONS

Ace Hardware names CEO of largest chain

BY Dan Berthiaume

Oak Brook, Ill. — Ace Hardware Corporation has appointed Tom Knox, 59, as president and CEO of Westlake Ace Hardware, Ace’s largest chain comprising 85 stores. Knox will be leaving his role as VP, retail business development, training & supply at Ace’s corporate offices and relocating to the Kansas City area to pursue his new role.

“As president and CEO of Westlake, Knox brings to the table years of experience as a former multi-unit hardware store owner and long tenure helping Ace retailers make more money in the hardware business will serve Westlake Ace exceedingly well,” said Sasha Bigda, Director Corporate Communications and Media Relations at Ace Hardware.

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