Container Store Makes Executive Moves
Dallas, The Container Store named Sharon Ellis as its CFO. She has more than 15 years of financial and banking experience, most recently as senior VP of commercial banking at JPMorgan Chase. The company’s CFO position was previously held by Stefan Ferm, who will now focus on his role as chairman and CEO of wholly owned subsidiary elfa International AB and executive VP of international operations for The Container Store.
In addition, three new VPs were named. Mona Williams has been promoted to VP of buying from senior merchandise director. Peggy Doughty has been promoted to VP of visual merchandising after serving as senior merchandise director. Lucy Witte has been promoted to VP of marketing from her prior position as director of sales and marketing.
Safeway Appoints White
Pleasanton, Calif., Safeway Inc. appointed James D. White, 44, to the position of senior VP, corporate brands. He will oversee the corporate brands organization including its marketing, manufacturing, finance and outside sales functions. He joins Safeway from Gillette Company where he spent three years as senior VP for business development, North America.
Seven-Eleven Japan Extends Offer
Tokyo, Seven-Eleven Japan Co. announced that, at the request of the special committee of the board of directors of 7-Eleven, it has extended its all-cash offer for the outstanding shares of 7-Eleven that it does not already own until midnight, EST, on Tuesday, Oct. 18. The extension will provide the special committee with additional time to complete its review and evaluation of the tender offer.