Centro Properties names CFO
New York City Centro Properties Group U.S. has appointed Tiffanie M. Fisher as executive VP, CFO of the company. Fisher, 41, will be responsible for directing the company’s capital markets, management-information systems, financial controls, SEC reporting and compliance activities.
Fisher replaced John Braddon who is returning as planned to his native Australia after serving with the company for three years in the United States.
Fisher most recently worked for Morgan Stanley as an executive director of Morgan Stanley Real Estate based in London.
Michael Carroll, CEO and president of the company commented, “[Fisher’s] experience in originating and executing capital transactions for complicated businesses will be invaluable as we continue to restore the long-term health of our balance sheet.”
Centro Properties Group U.S. is one of the largest owners of community and neighborhood shopping centers in the United States. Its portfolio of more than 620 properties is located across 40 states and aggregates approximately 101 million sq. ft. of gross leasable area.
Pathmark launches major savings event
MONTVALE, N.J. Pathmark unveiled its BIG SAVE event, which kicks off at all 144 Pathmark stores on May 1.
Savings throughout the store include Yellow Tag weekly price specials throughout the store, as well as thousands more items on Price Hold, which guarantee the same great low price from week-to-week for an extended time.
Pathmark is also running a special BIG SAVE Sweepstakes with prizes for four lucky winners including Two Panasonic Viera 50-inch Televisions, One Year of Groceries for free or the ultimate Grand Prize, a Mini Cooper convertible car.
Borders names head merchant for non-book products
ANN ARBOR, Mich. Borders Group announced that Michael Oprins has been named VP merchandising for non-book products. Oprins, who has been with the company for more than 18 years, is responsible in this newly created position for leading buying teams in non-book categories including: music, DVD, bargain, digital, newsstand, calendars, games, trend gifts and candy.
Oprins brings more than 25 years of retail experience to the position, including several leadership posts at Borders Group that have ranged over nearly two decades from Waldenbooks district manager and divisional merchandise manager to director of merchandising within the children’s and calendar businesses. In 2002, Oprins was named VP cafe operations, and two years later, was appointed VP Paperchase operations, where he developed and led the introduction of Paperchase gift and stationery shops in U.S. Borders superstores.