Citi Trends Names President, COO
Savannah, Ga. Citi Trends Inc. on Monday named David Alexander president and COO, effective immediately.
Alexander, 51, was previously a consultant at private-equity company APAX Partners, and before that he was chief executive of PCA, which operates photography studios at Wal-Mart stores. He was president and COO at Family Dollar Stores Inc. from 2003 to 2005.
George A. Bellino was the most recent person to have the title of president. He retired as president and CMO in April. The COO position is new.
Supermarket Veteran Joins Rite Aid
Camp Hill, Pa. Rite Aid Corp. announced Thursday that it has appointed Ken Martindale, a retail veteran with more than 35 years of diverse marketing, merchandising and operations experience, as senior executive VP of merchandising, marketing and logistics. His appointment is effective immediately.
In this position, Martindale, 48, is responsible for category management, merchandising, marketing, supply chain and inventory management for Rite Aid.
Martindale most recently served as co-president, chief merchandising and marketing officer for Pathmark Stores, a $4.0 billion regional supermarket chain with a strong pharmacy business. He served there until December 2007 when the company was sold to the Great Atlantic & Pacific Tea Co.
Ace Hardware Announces Exec Changes
Oak Brook, Ill. Ace Hardware Corp. has appointed Rick Affolter to serve as VP of finance, and has promoted Rick Whitson to VP of retail support.
Affolter will be responsible for the day-to-day operations of Ace’s finance department and will oversee the company’s controller, tax director and director of financial planning and analysis. He joins Ace from HD Supply, Inc., a wholesale distributor of construction and maintenance products.
Whitson, which has been with Ace Hardware for 29 years, will direct activities at Ace’s 14 retail distribution support centers and six cross dock facilities. Most recently, he served as director of retail support and engineering, for which he will continue to provide leadership.