FINANCE

DSW names Shopko exec new CFO

BY Dan Berthiaume

Columbus, Ohio — DSW Inc. has appointed Mary Meixelsperger as CFO effective May 1. Meixelsperger replaces Douglas Probst, who is retiring from DSW on the same day.

Meixelsperger joins DSW from Shopko Stores, where she held the roles of CFO, controller and treasurer since 2005. Prior to Shopko, Meixelsperger was the CFO for two non-profit organizations between 1993-2004 and was the CFO for Worldmark Group, a private equity firm, between 1986-1991. Meixelsperger started her career in public accounting at Arthur Young and Co. She will start at DSW Inc. on April 21 and will report directly to president and CEO Michael MacDonald.

“We are pleased that Mary is joining the DSW team,” said MacDonald. “Mary is a seasoned executive with a breadth of experiences in merger integration, strategic systems planning and implementation, financial analysis and tax planning. With her leadership, we will position DSW for continued growth and progress towards our strategic goals.”

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FINANCE

Barnes & Noble chairman sells 3.7 million shares stock

BY Dan Berthiaume

New York — Leonard Riggio, chairman of Barnes & Noble Inc., has sold 3.7 million shares of Barnes & Noble common stock. After the sale, his holdings are expected to represent approximately 20% of Barnes & Noble’s common stock outstanding.

Riggio said the sale is part of his long-term financial and estate planning and that he has no plans to sell more stock this calendar year.

“After this sale I remain the company’s largest shareholder, a position I feel very good about,” said Riggio. “I love this company and I believe in its future as I do in all of the wonderful people who work here.”

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News

Tina Fey tapped as skincare spokesperson for Garnier

BY CSA STAFF

Garnier USA, a subsidiary of L’Oréal USA, has selected Tina Fey as the new spokesperson for Garnier Skincare. Fey, who has been the face of Garnier Nutrisse hair color since 2011, is featured in the brand’s new advertising campaign, which launched this month.

Fey’s endorsement spans the entire Garnier Ultra-Lift skincare line, including moisturizers, serums and eye products. The campaign will focus on a line of new, standout anti-aging products, including Ultra-Lift Transformer and Ultra-Lift Anti-Wrinkle Firming Night Cream.

"Tina Fey has been an enormous success for us," said David Greenberg, president of Maybelline New York, Garnier and Essie. "Tina’s personality, beauty and approachability resonate with our consumer and we are thrilled to keep her in the Garnier family."

Garnier products are available at drugstores nationwide.

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