CEO shake-up at Hot Topic
City of Industry, Calif. — Hot Topic announced Monday that CEO Betsy McLaughlin has resigned the company, effectively immediately, and will be replaced by current board member Lisa Harper.
The move came two weeks after the company announced a fourth-quarter net loss, reversing a profit from a year ago, as revenue slipped by 1%.
According to the retailer, McLaughlin will continue to assist in the transition over the next three months.
Jones Lang LaSalle names Florida managing director
Orlando, Fla. — Jones Lang LaSalle said Tuesday it has appointed Carson Good to lead the firm’s retail capital market business throughout Florida.
In his new role as Managing Director, Good will partner with managing directors Jubeen Vaghefi, Jeff Morris and Denny St. Romain as part of the Florida-based Capital Markets team. Good and his team will grow and drive value for the firm’s expanding international capital markets client base and work with Jones Lang LaSalle Retail to build its open-air retail platform in Florida, and to help create opportunities to expand the firm’s role as the single largest third-party shopping center manager in North America.
Gordon Bros. names managing director
Boston — Gordon Bros. Group said Tuesday it has named Leonard R. Polivy as managing director in the Retail Division.
Polivy began his jewelry career with Gordon Bros. in the mid-1980s and then went on to become president of a wholesale diamond company. He also held other management positions and worked on valuing and restructuring clients within the jewelry sector before returning to Gordon Bros. in 2009.