BJ’s Names CEO
Natick, Mass. BJ’s Wholesale Club announced Thursday that the company’s board of directors elected Laura Sen CEO, effective Feb. 1. Sen has served as BJ’s president and COO, as well as member of the board of directors, since Jan. 2008. She will retain the title of president and continue to serve on the board of directors.
BJ’s also announced that Herb Zarkin, who preceded Sen as CEO, will continue as chairman of the board of directors and will stand for reelection to the board when his term expires in May 2010. Previously, Zarkin had planned to retire from the board in May 2010. The management changes were part of a planned succession.
Dunkin’ Brands Names New CEO
Canton, Mass. Dunkin Brands said Wednesday that Nigel Travis will replace Jon Luther as chief executive, effective Jan. 6. Luther will remain the company’s executive chairman.
Previously, Travis was president and chief executive of Papa John’s International, Louisville, Ky. John H. Schnatter, Papa John’s founder and chairman, will replace Travis on an interim basis while the company seeks a replacement.
Retail Ventures Appoints CEO
Columbus, Ohio Retail Ventures has named James A. McGrady to succeed CEO and president Heywood Wilansky, effective Feb. 1.
McGrady is currently executive VP and CFO of the company. He will retain the position of CFO along with his new titles.
In August, the company said it did not plan to renew Wilansky’s contract. The move came seven months after Retail Ventures paid a group of private-equity investors to take over its struggling Value City Department Stores chain, which declared bankruptcy this fall.