Children’s Place finance head to resign
Secaucus, N.J. — The Children’s Place Retail Stores said Friday that their executive VP finance and administration Susan Riley is leaving the company. The retailer said it will eliminate the role and look for a CFO.
The children’s clothing company said VP finance John Taylor will serve as interim principal financial officer and Bernard McCracken, VP controller, will serve as interim principal accounting officer.
Target partners with Lady Gaga
Minneapolis — Popular recording artist and fashion icon Lady Gaga has partnered with Target Corp. to offer an exclusive deluxe edition of her new album, "Born This Way."
The album will be released on May 23. Target’s exclusive deluxe edition includes three additional studio songs and five remixes, and will be available at stores nationwide and on Target.com. Consumers can also pre-order the album and download the first single and title track free at Target.com beginning at 8 a.m. CST on Feb. 11 through midnight, Feb. 26.
“Target has a long history of working with a diverse group of musicians, entertainers and designers that appeal to a broad spectrum of our guests,” said Michael Francis, chief marketing officer for Target. “Lady Gaga is one of the most dynamic artists of our time, and we are excited to add her to Target’s outstanding list of music partnerships.”
Lowe’s announces executive moves, promotions
Mooresville, N.C. — Lowe’s Cos. said Wednesday that it has made several key promotions and moves in its human resources, legal, merchandising, logistics and information technology areas.
Maureen K. Ausura was promoted to executive VP human resources, from senior VP in the same capacity.
Gaither M. Keener has been promoted to executive VP general counsel, secretary and chief compliance officer, from senior VP in the same capacity.
Both will continue reporting to CEO Robert Niblock.
Troy J. Dally has been promoted to senior VP and general merchandising manager-hardlines/building products, a position held previously by Robert J. Gfeller Jr., who was recently promoted to executive VP merchandising.
William L. (Leroy) Allen has been promoted to senior VP logistics, replacing Rick D. Damron, who was recently promoted to executive VP store operations.
Everett B. (Britt) Dayton has been promoted to senior VP IT business management, after previously serving in store operations support as VP store delivery fleet operations.