Brown Shoe Names Two New Board Members
St. Louis Brown Shoe Co. said late Monday it elected Mario Baeza and Harold “Bud” Wright to its board of directors.
Baeza is the founder of The Baeza Group, a merchant banking firm focusing on investments in the U.S. Hispanic market, as well as in Latin America.
Wright has 38 years of retail experience, the first 28 as an operating principal of R.H. Macy’s, the department store chain of Macy’s Inc., and the last 10 years in executive search, specializing in retailing.
Baeza and Wright’s elections increase the number of board members from 11 to 13.
DSW Adds New Board Members
Columbus, Ohio DSW announced the appointment of Elaine Eisenman, Joanna Lau and Roger Markfield to its board of directors. This increases the company’s board from seven members to 10.
Eisenman currently serves as dean of Babson Executive Education, a division of Babson College. Eisenman has held senior executive positions at American Express, Enhance Financial Services, The Children’s Place, and PDI International, a global-consulting firm.
Lau currently serves as CEO of Lau Technologies, an executive consulting and investment company founded by Lau in 1990. Lau held leadership positions with Digital Equipment and General Electric before founding Lau Technologies.
Markfield is a non-executive officer employee of American Eagle Outfitters and has served as a director of the company since March 1999. He has also served the retailer in several senior executive positions since 1993, including vice chairman, president, co-CEO and chief marketing officer.
Dillard’s Contractor VanishesDillard’s Contractor Vanishes
Little Rock, Ark. The CFO of Little Rock, Ark.-based CDI Contractors, John Glasgow, is missing, according to the Associated Press.
CDI Contractors, owned by department store chain Dillard’s Inc., has built or remodeled many of Dillard’s 300-plus department stores and put up some of Arkansas’ signature projects, including Bill Clinton’s presidential library.
With CDI Contractors co-founder Bill Clark’s death last year, Dillard’s has the option to buy his shares, but it has discussed letting CDI employees buy Clark’s shares instead. Glasgow was in charge of the redistribution and stood to buy a part of the company. Glasgow’s family and colleagues say that the multimillion-dollar deal weighed heavily on him.
People close to him said that he felt overwhelmed and anxious about a company audit, but the company said no money is missing.
Glasgow’s SUV was found at Petit Jean Mountain, a state park an hour northwest of Little Rock, with its doors unlocked and valuables inside.
Conway County sheriff’s investigator Sonny Stover said tracking dogs may have found something—but the dog handlers couldn’t tell if the scent came from Glasgow or just from his car.
“It looks like he’s just walked off,” Stover said.